Trade Deficit of Moldova Increases by 3,8% in 1H
OREANDA-NEWS. August 15, 2013. As it was informed in the National Bureau of Statistics, negative trade balance of Moldova for 6 months 2013 amounted to 43.2% vs. 42.3% at the same period of 2012.
The volume of Moldovan exports in January-June 2013 amounted to USD 1 billion 121.8 million, increasing by 7.7% compared to the same period of 2012 and the volume of imports grew by 5.4% - up to USD 2 billion 594.3 million. According to NBS, exports of domestic products amounted to USD 768.1 million (68.5% of the total), increasing by 22.5% compared to the same period of 2012. Re-export of goods in January-June 2013 amounted to USD 353.7 million, or 31.5% of the total exports.
As compared to the same period of the last year, re-export of goods within 6 months of 2013 decreased by 14.7%. In general, Moldovan exports to CIS countries grew by 6.2% - up to \\$ 454.8 million and to EU countries- by 0.9% - up to USD 512.6 million. The share of CIS countries in the total Moldovan exports declined from 41.1% up to 40.5%, and the share of EU countries-from 48.8% up to 45.7%, respectively. The share of other countries increased from 10.1% up to 13.8%. According to NBS, in January-June 2013 Moldova has increased imports from CIS countries by 1.5% - up to USD 810.6 million and from EU - by 7.3% - up to USD 1 billion 142.8 million.
The share of CIS countries in the total Moldovan imports decreased from 32.5% up to 31.1%, while the share of EU countries grew from 43.3% up to 44.1%.
The largest trade deficit of Moldova was registered with the Ukraine - USD 239.1 million (+12.9% compared to the same period of 2012), followed by China - USD 221.1 million (+20.2%), Germany - USD 137 million (-11.9%), Romania - \\$ 124.9 million (+28.4%), Turkey - USD 102 5 million (-35.6%), Italy - USD 79.7 million (2 times), Russia - \\$ 65.8 million (-43.3%), Austria - USD 56.9 million (+24,5%), Belarus - USD 52.4 million (-5.2%) and Hungary - USD 40.2 million (+29.1%).
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