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Moldova's Jan-May trade gap widens 8.5% y/y - table

Moldova's Jan-May trade gap widens 8.5% y/y - table Source: Pixabay

CHISINAU (Moldova), July 15 (SeeNews) - Moldova's trade deficit widened by 8.5% on the year to $1.7 billion (1.69 billion euro) in the first five months of 2022, the country's statistics bureau said on Friday.

Moldova's exports soared 170% on the year, while imports increased by 33.9% in the first five months of the year, the statistics office said in a statement.

In May alone, exports surged 106% on the year to $416.1 million, while imports rose 18.6% to $747.3 million. May trade deficit narrowed by an annual 1.4% to $356.5 million.

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

Jan-May y/y change
Exports 1,875.2 +170%
Imports 3,581.0 +33.8%
Trade balance -1,705.8 +8.5%

Source: BNS

Moldova's trade deficit widened by 36.7% on the year to $4.032 billion in 2021.

($=0.9966 euro)

 
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