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Moldova's Jan-April trade gap widens 6.7% y/y

Jun 17, 2024, 5:34:09 PMArticle by Alexandru Cristea
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June 17 (SeeNews) - Moldova's trade deficit grew by 6.7% on the year in the first four months of 2024, to $1.716 billion (1.602 billion euro), the statistical office said on Monday.

Moldova's Jan-April trade gap widens 6.7% y/y

Moldova's exports were 12.6% lower year-on-year in the January-April period, while imports decreased by 2.2%, the statistical office said in a statement.

In April alone, exports fell by 7.8% on the year to $292.7 million, while imports increased by 12.5% to $776.7 million, increasing the trade deficit by an annual 29.7% to $484 million.

Details follow (in millions of U.S. dollars):

Jan-April y/y change
Exports 1,214.5 -12.6%
Imports 2,930.8 -2.2%
Trade deficit 1,716.3 +6.7%

Source: BNS

($ = 0.9336 euro)

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