Publications of the part

The basis of Moldovan exports to the EU in 2021 consisted of electrical wires, cables and conductors, with a total value exceeding $505.8 million.

The basis of Moldovan exports to the EU in 2021 consisted of electrical wires, cables and conductors, with a total value exceeding $505.8 million.

The EU Delegation to Moldova announced this, noting that the 2nd place in the structure of Moldovan exports to the EU is occupied by furniture parts - $161.5 million, the 3rd - oilseeds and fruits - $154.7 million, followed by clothing and accessories - $123.6 million, cereals - $115.4 million, fats and oils - $106.7 million, nuts, fruits and grapes - $83.2 million, wines and other alcoholic beverages - $82.6 million. It is emphasized that, in general, manufactured goods account for the largest part of Moldova's exports to the European Union - 66% of the total value of goods sent to the EU countries. The basis of exports in industrial products consists of components for the automotive industry. The share of agricultural products in the total volume of Moldovan exports to the EU reaches 34%, while oilseeds and fruits are in the lead in the export rating - $154.7 million. The European Union is Moldova's leading trading partner. According to the National Bureau of Statistics, 61% of the total value of export deliveries accounts for the EU countries. The European Union has been Moldova's leading trading partner since 2003, and Moldovan companies' exports to the EU market are steadily growing. The total value of export deliveries to the EU in 2021 exceeded $1.9 billion, up 17% compared to 2020. Experts note that trade with the EU may grow further after the first company from Moldova received the right to supply ice cream to the European Union. The Moldovan government is also making efforts to export animal products to the EU, such as poultry, eggs and dairy products. // 25.03.2022 - InfoMarket.

News on the subject