Trade balance deficit rises 6.9% in ten months

Moldovan exports have been reduced in January-October by 6.9% compared to the similar period in 2005, totalling USD 815.7 mln. In the CIS countries, in this period, there were exported goods valued at USD 338.7 mln, which constitutes only 75.9% of the indexes reported in the respective period last year. According to the National Statistics Bureau, Moldova transferred to the CIS countries 41.5% of its exports. The exports to this group of countries comprised USD 338.7 mln, decreasing by 24.1%. At the same time, the increases in the exports of goods to EU countries were set at USD 274.8 mln (+9.1%), to Central and East Europe – at USD 136.1 mil (+40.7%). The Russian Federation, Romania, Ukraine, Italia, Belarus, Germany, Poland, Turkey, the UK, Kazakhstan, Slovakia, France, Bulgaria, the USA and Belgium are among the first 15 partner-courtiers that accounted for 88.6% of the total volume of exports. The study of export evolutions reveals that the reduction of deliveries to Russia (-46.9%), the USA (-63.0%) and Italy (-14.2%) has contributed to the reduction in the total volume of exports respectively by 15.5%, 2.5% and 1.8%. The negative impact caused by the reduction in exports to these countries was attenuated by the increase in the exports to Romania (+32.4%), Ukraine (+27.4%), the UK (by 2.9 times), Bulgaria (by 2.7 times), France (by 1.7 times), Poland (+27.6%), Turkey (+21.1%), Kazakhstan (+33.8%), Slovakia (+31.4%) etc. The imports totalled in ten months of this year about USD 2.1 bln, decreasing by 16.2%. From the CIS countries there were imported in Moldova goods valued at USD 793.4 mln (+10.6%), from the EU countries – USD 648.4 mln (+9.5%), from Central and Eastern Europe – USD 312.1 mln (+31.8%). In the mentioned period, the trade balance deficit comprised about USD 1.3 bln and rose 37.7% against the same period of last year.