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The trade volume between Moldova and Germany in 2023 exceeded 871.2 million euros and increased by 5.3% compared to 2022.

The trade volume between Moldova and Germany in 2023 exceeded 871.2 million euros and increased by 5.3% compared to 2022.

Such data of the German Federal Bureau of Statistics (Destatis) were presented by the Romanian-German Chamber of Commerce and Industry (AHK România), which is the official representative of the German economy in Romania. According to Destatis, Moldovan exports to Germany in 2023, compared to the previous year, increased by 11.4% to 323.5 million euros, while the supply of German goods to Moldova increased by 2% to 547.7 million euros. "The reform program of the current Moldovan government is remarkable. We are convinced that it strengthens bilateral relations and more and more German companies are interested in Moldova as a place to do business. There is potential for cooperation, especially in the processing and food industry, energy and trade," said Sebastian Metz, CEO and member of the Board of Directors of AHK România. In the list of Germany's trade partners, compiled by Destatis, Moldova is on the 95th place. AHK România, the Romanian-German Chamber of Commerce and Industry, is the official representative of the German economy in Romania. Founded in 2002, AHK România has more than 600 member companies and offers companies an important platform for networking, exchange of information and experience. By providing services and organizing events, AHK România actively supports German companies when they enter the Romanian market and is also a partner for Romanian companies interested in the German market. As of January 1, 2020, AHK România also operates a Competence Center for Moldova. Thus, AHK România wants to intensify business relations between companies from Romania, Moldova and Germany and make a significant contribution to the economic development of the Republic of Moldova. AHK's leitmotif for 2024 is "Innovation drives the future". AHK România notes that innovation is the driving force of progress: it changes our lives and shapes our future, offering solutions to local and global challenges. Innovation means economic growth and improved living standards, as well as the latest technologies, transformation and adaptation to new situations. That is why this year is dedicated to the theme "Innovation drives the future". AHK România already plays a central role in promoting innovation in the Romanian-German business community, actively supporting cooperation in various innovation areas as well as innovative economic policies. // 08.02.2024 – InfoMarket

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