Moldova trade deficit more than doubles in May

Trade

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Moldova's trade deficit widened sharply to USD 361.7 million in May, from USD 173.7 in the same month of the previous year, data from the country's statistics agency show.

Imports surged 71% year-on-year to USD 563.4 million, underpinned by a 75.8% increase in purchases from EU countries and a 56.3% hike in imports from CIS countries.

Meanwhile, exports went up a slower 29.5% to USD 201.7 million, led by a 56.6% rise in sales to EU countries, while sales to CIS countries fell 10.7%. 

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