June 29, 2010Moldovaby EconomyWatch

Moldova Import and Export

FOREIGN TRADE

The major exportable items of the country are petroleum, bauxite and aluminum, chemicals, steel, agricultural Moldova has experienced both balance of trade deficit as well as balance of payment deficit over various years.

Major Exportable items of the country are vegetables, manufactures, animal products and textiles. Exports partners of the country are Italy, Germany, Russia, and Romania.

Important importable commodities of the country are Chemicals, textiles, fuels, and mineral products. It imports from the countries such as Germany, Russia, Italy and Ukraine.

The levels of exports and imports of the country over various years are as follows:

FOREIGN TRADE

CONCLUSION
In the year 1992, the country joined the World Bank. Since then the Bank has undertaken many steps for reducing poverty and fostering economic growth in the country.

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