OREANDA-NEWS. December 19, 2011. Within January-October, 2011, the trade balance deficit of Moldova made USD 2 bln. 401,3 mln., USD 553,1 mln. (29,9%) up as compared with the same period in 2010.

The National Bureau of Statistics informs that in this period the coverage of import by export made 42,3% against 38,6% in the same period in 2010. Moldova’s export in this period made up USD 1 bln. 760,9 mln., which is 51,6% higher than indicators of the same period of 2010, with Moldova’s import growing by 38,3 to USD 4 bln. 162,2 mln.

Moldova’s exports to the CIS counties increased by 54,7% to USD 724,1 mln., as compared with January-October, 2010, whereas Moldova’s exports to the EU countries rose by 56,9% to USD 871,3 mln. In the total volume of Moldova’s exports the share of CIS grew from 40,3% to 41,1%, and the share of the EU countries increased from 47,8% to 49,5%.

Within 10 months of 2011 Moldova increased imports from CIS countries by 39,8% to USD 1 bln. 344,6 mln., and from the EU countries by 36,6% to USD 1 bln. 845,5 mln. In the total volume of Moldova’s imports the share of CIS grew from 31,9% to 32,3%, whereas the share of the EU countries declined from 44,9% to 44,3%.

In January-October, 2011, Moldova displayed the largest trade balance deficit with Ukraine – USD 407,3 mln. (+13,2% as compared with the same period in 2010.). It is followed by China - USD 315,2 mln. (+29,3%), Germany - USD 234,7 mln. (+31,8%), Turkey - USD 233,9 mln. (2,2 times), Romania - USD 156,1 mln. (+46,8%), Russia– USD 124,4 mln. (-1%), Italy - USD 116,2 mln. (+21,8%), Belarus – USD 94,7 mln. (3,5 times), Hungary – USD 65 mln. (+40,6%) and Austria – USD 61,8 mln. (+39,8%).