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Moldova's Jan-Feb trade gap narrows 3.1% y/y

Apr 16, 2024, 10:48:44 AMArticle by Alexandru Cristea
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April 16 (SeeNews) - Moldova's trade deficit fell by 3.1% on the year in the first two months of 2024, to $773.7 million (725.9 million euro), the statistical office said on Tuesday.

Moldova's Jan-Feb trade gap narrows 3.1% y/y
Prasit Rodphan/Shutterstock.com

Moldova's exports were 12.5% lower year-on-year in the period January-February, while imports decreased by 7.5%, the statistical office said in a statement.

In February alone, exports fell by 8.1% on the year to $327.2 million, while imports inched down by 0.1% to $751.9 million, increasing the trade deficit by an annual 7.1% to $424.7 million.

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

Jan-Feb y/y change
Exports 601.3 -12.5%
Imports 1,375.0 -7.5%
Trade deficit 773.7 -3.1%

Source: BNS

($=0.9382 euro)

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