SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Moldova's trade gap narrows 1.8% in Jan-Sept

Nov 17, 2023, 11:57:13 AMArticle by Bogdan Todasca
share
November 17 (SeeNews) - Moldova's trade deficit narrowed by 1.8% on the year in the first nine months of 2023, reaching $3.396 billion (3.13 billion euro), the statistical office said on Friday.

Moldova's trade gap narrows 1.8% in Jan-Sept
Source: BNS, pixabay.com

The country's exports fell 8% year-on-year in the nine months through September, while imports decreased by 4.8%.

The European Union absorbed 63.9% of Moldova's exports between January and September and accounted for 48.5% of the country's imports.

In September alone, Moldova's exports increased by an annual 8.6% to $346.2 million, while imports fell by 17% to $700.8 million, resulting in a trade deficit of $354.6 million, down 32.5% year-on-year.

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

Jan-Sept '23 y/y change
Exports 3,014.9 -8.0%
Imports 6,411.0 -4.8%
Trade deficit 3,396.1 -1.8%

Source: BNS

($=0.9216 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.