Trade relations between the Republic of Moldova and the European Union 2021

Источник фото: DCFTA.MD

Статьи и анализы

According to the statistical data presented by the National Bureau of Statistics, the trade flow between the European Union and the Republic of Moldova reached the amount of $ 5 068.5 M and increased by 23.3% compared with the 2020. The European Union remains the main trading partner of the Republic of Moldova. Trade relations between the Republic of Moldova and the European Union in January-June 2021

Moldovan exports to the European Union market constituted $ 1 919.4 M and has reached a share of 61% of total exports. Compared to 2020, Moldovan exports to EU increased by 17%.

Out of all Moldovan exports to EU, Romania has a share of 43.4% ($ 833.5 M), followed by Germany with 12.8% ($ 245.4 M), Italy with 12.5% ($ 240 M) and other EU countries.

Out of the total Moldova’s exports to the EU, agricultural products have a share of 34% and industrial products – 66%. The most exported products to the EU are: insulated wire, cables and electric conductors, seats, sunflower seeds, sunflower-seed, safflower or cotton-seed oil, wine, etc.

Top 10 most exported Moldovan goods to EU:

No.	Description	2020 (M $)	2021 (M $)	Trend 2021/2020
	Insulated wire, cable and other insulated electric conductors	419.2	461.6	+10.1%
	Seats, whether or not convertible into beds, and parts thereof	99.0	107.4	+8.5%
	Sunflower seeds	120.8	106.6	-11.7%
	Sunflower-seed, safflower or cotton-seed oil and fractions thereof, whether or not refined, but not chemically modified	82.2	104.4	+27%
	Wine	55.7	57.5	+3.2%
	Wheat and meslin	12.3	52.9	By 4.3 times
	Corn	29.9	50.9	+70.2%
	Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars	7.7	42.8	By 5.5 times
	Carboys, bottles, flasks, jars, pots, phials, ampoules and other containers, of glass, of a kind used for the conveyance or packing of goods	31.7	42.6	+34.4%
	Other nuts, fresh or dried, whether or not shelled or peeled	59.3	41.5	-30%

IMPORTS

In 2021, imports from EU to MD reached an amount of $ 3 149.1 M which represents a share of 43.8% of total Moldovan imports. Compared to 2020, Moldovan imports from EU increased by 27.4%.

Out of all Moldovan imports from EU, Romania has a share of 26.2% ($ 609.8 M), followed by Germany with 17.4% ($ 404.2 M), Italy with 14.21% ($ 328.5 M), Poland with 8.3% ($ 191.9 M) and other EU Countries.

Out of the total Moldova’s imports from the EU, agricultural products have a share of 14% and industrial products – 86%. The most imported products from the EU are: petroleum oils, medicaments, machinery and mechanical appliances, etc.

Top 10 most imported European good in Moldova:

No.	Description	2020 (M $)	2021 (M$)	Trend 2021/2020
	Petroleum oils and oils obtained from bituminous minerals, other than crude; (kg)	220.0	297.2	+35.1%
	Medicaments	146.5	183.2	+35.1%
	Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars	90.8	136.7	+50.5%
	Insulated (including enamelled or anodised) wire, cable (including coaxial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors	102.7	129.8	+26.4%
	Petroleum oils and oils obtained from bituminous minerals, other than crude; (liter)	68.7	122.8	+78.7%
	Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles	53.7	53.8	+0.1%
	Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits, for a voltage not exceeding 1 000 V; connectors for optical fibres, optical fibre bundles or cables	42.5	51.2	+20.5%
	Tractors	29.3	42.2	+45.5%
	Parts and accessories of the motor vehicles	24.2	31.7	+30.9%
	Tubes, pipes and hoses, and fittings therefor (for example, joints, elbows, flanges), of plastics	25.8	31.0	+20.1%