Bilateral Trade between Russia and Moldova Grew 10,4%
OREANDA-NEWS. November 13, 2014. According to the Federal Customs Service of RF, in the reporting period Moldova’s exports to Russia declined 10.2% from USD281 million to USD 252.3 million, Russian exports to Moldova increasing 17% from USD 866.7 million to USD 1 billion 014.4 million.
In the reporting period, the unfavourable balance of Moldova's trade with Russia made up USD 762.1 million, up 30.1% as compared with the same period of 2013. Moldova’s share in Russia’s total sales volume stayed unchanged at 0.2%. As InfoMarket reported earlier, bilateral trade between Moldova, Transniestria included, and RF made up USD 1 billion 738.4 million in 2013, down 16.7% year-on-year. Moldova’s exports to RF decreased 12.5% to USD 417.5 million, Russia’s exports to Moldova declining 17.9% to USD 1 billion 320.9 million.
In 2013 the unfavourable trade balance of Moldova with Russia made up USD 903.4 million, down 20.2% year-on-year. Russia exports to Moldova mineral row materials, foods, chemicals, machines, equipment and transport means, the RF Federal Customs Service reports. Moldova exports to Russia foodstuffs and agricultural feedstock, metals and metal work, machines, equipment and vehicles, textile and knitted wear.
The structure of goods turned over between RF on the one hand and the right- and the left -bank parts of Moldova on the other one differs essentially. In the trade with Transnistria, industrial goods are dominant, whereas in the trade with Moldova agricultural products prevail.
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