Trade Balance Deficit of Moldova Decreases by 5,7%
OREANDA-NEWS. August 14, 2014. As it was informed in the National Bureau of Statistics, the ratio of imports vs. exports in the first 6 months of 2014 made up 46% against 43,8% for the same period of 2013.
The volume of Moldovan exports in January-June 2014 amounted to USD 1 billion 172,3 million, increasing by 3.2% compared with the same period of 2013, while imports decreased by 1,8% - up to USD 2 billion 547,3 million.
According to NBS, at the same time, the export of domestic goods in the first half of 2014 amounted to USD 727,7 million (62.1% of the total volume), having decreased by 5.4% in comparison with the same period of 2013. The re-export of goods in the first 6 months 2014 made USD 444,6 million, or 37.9% of the total exports.
In comparison with the same period of 2013, the re-export of goods in January-June 2014 increased by 21.1%. Overall, Moldovan exports to CIS countries in the first half of 2014 amounted to \\$385,4 million, decreasing by 15.2% in comparison with the same period of 2013. Deliveries to the EU countries increased by 21.4% up to USD 620,8 million, to the other states - decreased by 2,5% - up to USD 166.1 million.
The share of CIS countries in the total volume of Moldovan exports decreased for the specified period from 40% up to 32.9%, the share of the EU countries has increased from 45% up to 53%, respectively. The share of other countries decreased from 15% up to 14.1%.
According to NBS, in January-June 2014 Moldova reduced import from CIS countries by 13.3% - up to USD 703,2 million, from the EU states increased by 8.6%-up to USD 1 billion 242,9 million, from the other States - reduced by 5,9% - up to USD 601,2 million. The share of CIS countries in the total volume of Moldovan imports decreased from 31.3%- to 27.6%, the share of EU countries has increased from 44.1% to 48.8%, and other states decreased from 24.6%- to 23.6%.
The largest trade deficit of Moldova for the first 6 months of 2014 was registered with China - USD 214 million (-3,2% compared with the same period of 2013), followed by Ukraine - USD 203,5 million (-15%), Romania - USD 159,1 million (27.3%), Germany- USD 144,4 million (+5,6%), Russia - USD 107.4 million (+63%), Turkey - USD 84.7 million (-17,4%), Austria - USD 49.8 million (13.8%), Hungary - USD 42,3 million (+5,4%), Italy - USD 41.4 million (-48,2%), Poland - USD 37.3 million (+70,5%) and France - \\$ USD 33.2 million (-14,5%).
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