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International Trade
International Trade

Profiles of Countries in CIS Region

Moldova
KEY ECONOMIC INDICATORS
Population July 2007 est. 4,320,490
Annual average growth rate of population 2007 est. -0.11%
Literacy 2005 est. 99.10%
Annual rate of inflation 2006 est. 14.10%
GDP 2006 est. US$9.07 Billion
GDP growth rate 2006 est. 4%
GDP composition by sector 2006 est.  
Agriculture   21.50%
Industry   22%
Services   56.50%
GDP (per capita) on purchasing power parity 2006 est. US$2,000
Currency Moldovan Leu  
Conversion rate (Moldovan Leu per USD) Yr. 2006 13.131
Growth rate of various sectors Yr. 2006 Agriculture(11.38%) 
Industry (-2.2%) 
Services (7.92%)
Total export Yr. 2006 US$ 1051.6million
Total import Yr. 2006 US$ 2693.16 million
Current Account Convertibility   Full
Trade Route   India -Odessa/ Illechevsk (Ukraine) to Moldova
INDIA’S BILATERAL TRADE WITH MOLDOVA

Value in million USD

Year 2001-2002 2002-2003 2003-2004 2004-2005 2004-2005 2006-2007 (Provisional Figures)
EXPORTS
India’s Total Export 43,826.73 52,719.43 63,842.97 83,535.94 103,090.54 126,331.10
Exports to Moldova 1.88 2.54 4.37 5.61 5.43 5.52
%age Growth   35.23 72.28 28.19 -3.16 1.66
%age Growth in India’s Exports   20.29 21.1 30.85 23.41 22.54
%age Share in Total Exports 0.004 0.005 0.01 0.01 0.01 0.004
IMPORTS
India’s Total Import 51,413.29 61,412.13 78,149.61 111,517.44 149,165.73 190,566.00
Imports from Moldova 0.1 1.77 0.04 0.15 0.21 0.46
%age Growth   1,652.22 -97.71 257.77 45.47 19.05
%age Growth in India’s Imports   19.45 27.25 42.7 33.76 27.75
%age share in India’s Imports 0.0002 0.0003 0.0001 0.0001 0.0001 0.0002
TRADE BALANCE
with Moldova 1.78 0.76 4.33 5.46 5.22 5.06
with World -7,586.6 -8,692.7 -14,307 -27,981.5 -46,075.2 -64,234.9

Source :Directorate General of Commercial Intelligence and Statistics, Govt. of India

COMPARATIVE TREND ANALYSIS OF INDIA’S SHARE AS A SUPPLIER

Value in million USD

Year Global Imports Imports from India India’s %age Share in Moldova’s Total Imports
2000 776.98 4.08 0.53
2001 892.46 4.21 0.47
2002 1038.35 5.90 0.57
2003 1398.60 5.96 0.43
2004 1773.74 8.05 0.45
2005 2292.96 12.74 0.56
2006 2693.16 12.88 0.48
TOP 20 PRODUCT GROUPS OF GLOBAL IMPORTS OF MOLDOVA (YR. 2006)

Value in million USD

10.30
HS Code Description Global Import Value % age Share of the Product Group in Moldova’s Total Imports Value of Imports from India India’s %age Share %age Share of Intra-CIS Imports Top 3 Suppliers %age share
27 Mineralfuels, oils, distillation products, etc 649.676 24.123 0 0 70.17 Russia 34.75
Ukraine 31.41
Romania 26.38
84 Nuclear reactors, boilers, machinery, etc 227.426 8.445 0.155 0.068 17.63 Germany 16.65
Italy 15.48
China 9.12
85 Electrical, electronic equipment 152.348 5.657 0.103 0.068 18.51 China 23.99
Ukraine 1.40
France 8.30
87 Vehicles other than railway, tramway 137.536 5.107 0.039 0.028 23.74 Germany 24.52
Japan 1.45
Russia 10.02
39 Plastics and articles thereof 137.135 5.092 0.036 0.026 23.41 Romania 18.80
Ukraine 17.32
Germany 12.27
30 Pharmaceutical products 84.850 3.151 8.025 9.458 1.65 Germany 1.30
India 9.46
Hungary 7.94
73 Articles of iron or steel 83.633 3.105 0.224 0.268 39.16 Ukraine 32.16
Turkey 10.45
Italy 8.63
72 Iron and steel 71.402 2.651 0.102 0.143 77.21 Ukraine 69.14
Russia 7.60
Romania 4.79
48 Paper & paperboard, articles of pulp, paper and board 58.235 2.162 0 0 34.69 Ukraine 18.85
Russia 13.69
Turkey 9.04
44 Wood and articles of wood, wood charcoal 49.194 1.827 0 0 56.20 Ukraine 28.05
Russia 21.10
Romania 14.59
24 Tobacco and manufactured tobacco substitutes 47.806 1.775 0 0 87.15 Russia 52.92
Ukraine 34.02
Greece 6.09
94 Furniture, lighting, signs, prefabricated buildings 43.964 1.632 0 0 25.13 Romania 37.29
Ukraine 20.39
Italy 8.63
22 Beverages, spirits and vinegar 42.389 1.574 0 0 30.78 Area Nes 31.70
Romania 23.43
Russia 15.98
Ukraine 14.80
33 Essential oils, perfumes, cosmetics, toiletries 34.260 1.272 0.103 0.301 16.56 France 22.11
Germany 18.68
Russia 12.82
76 Aluminum and articles thereof 33.530 1.245 0 0 7.74 Italy 34.40
Romania 23.50
Turkey 15.80
90 Optical, photo, technical, medical, etc apparatus 31.878 1.184 0.085 0.267 8.91 Germany 19.42
China 10.39
Slovakia
40 Rubber and articles thereof 31.398 1.166 0.072 0.229 40.93 Russia 26.32
Ukraine 9.57
Germany 9.12
68 Stone, plaster, cement, asbestos, mica, etc articles 28.505 1.058 0.004 0.014 72.54 Russia 43.74
Ukraine 27.05
Romania 6.48
38 Miscellaneous chemical products 27.629 1.026 0.165 0.597 1.85 Germany 18.82
France 12.00
Russia 8.74
69 Ceramic products 26.805 0.995 0 0 53.02 Belarus 25.96
Ukraine 17.40
China 11.02
TOP PRODUCT GROUPS OF COUNTRY’S EXPORTS TO INDIA (YR.2006)

Value in million USD

HS Code Description Global Exports Exports to India Exports India’s %age share in total of the Country
85 Electrical, electronic equipment 22.130 1.228 5.55
79 Zinc and articles thereof 0.034 0.026 76.47
90 Optical, photo, technical, medical, etc apparatus 12.384 0.015 0.12
84 Nuclear reactors, boilers, machinery, etc 31.000 0.001 0.003
TOP 20 PRODUCT GROUPS OF INDIA’S EXPORTS TO MOLDOVA (YR. 2006)

Value in million USD

HS Description India’s Global Export India’s Exports to Moldova Moldova’s % age share in India Exports of the Item Rank of Product Group in Top 20 of Moldova’s Global Imports
30 Pharmaceutical Products 3000.65 3.31 0.1 6
53 Other Vegetable Textile Fiber 156.34 0.59 0.38  
29 Organic Chemicals 5792.06 0.38 0.01  
84 Machinery 4979.45 0.23 0.01 2
72 Iron And Steel 5187.22 0.10 0.002 8
38 Misc. Chemical Products 1102.82 0.10 0.01 19
57 Textile Floor Coverings 1223.40 0.08 0.01  
28 Inorganic Chemicals; Rare Earth Material 837.07 0.05 0.01  
55 Manmade Staple Fibers 976.77 0.04 0.01  
39 Plastic 2660.63 0.04 0.002 5
40 Rubber 1195.88 0.03 0.002 17
71 Precious Stones, Metals 15914.58 0.02 0.0001  
98 Special Other 152.03 0.02 0.013  
63 Misc. Textile Articles 2343.43 0.02 0.001  
85 Electrical Machinery 3757.62 0.01 0.0004 3
62 Woven Apparel 5423.94 0.01 0.0002  
90 Optic, Not 8544;Med Instruments 789.22 0.01 0.001 16
07 Vegetables 608.80 0.01 0.002  
99 Other special impr Provisions 1116.29 0.01 0.001  
61 Knit Apparel 3524.50 0.01 0.0001  

Detailed Analysis (at 4 digit HS Code Level) for top 4 Product Groups of India’s Exports to Moldova: Global Imports, Imports from India, Intra-CIS Imports, Potential Trade & Top 3 suppliers

Top 4 Product Groups namely Pharmaceuticals, Other Vegetable textile Fibre, Organic Chemicals & Machinery constituting 88.39% share in India’s total Exports to Moldova.

TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF MOLDOVA FOR PHARMACEUTICALS (HS CODE 30) YEAR 2006

Value in million USD

HS Code Description Global Import Value %age share of the item in Country’s Imports of the Product Group Value of Imports from India India’s Global Exports Value of Intra-CIS Imports Potential Trade for India Top 3 Suppliers % age Share
3004 Medicament mixtures (not 3002, 3005, 3006), put in dosage 77.974 91.89 7.765 2458.59 8.91 70.209 Germany 11.33
India 9.96
Hungary 8.63
3002 Human & animal blood; antisera, vaccines, toxins, micro-organism cultures 4.635 5.46 0.225 172.576 0.719 4.41 Switzerland 37.54
Russia 8.18
France 7.87
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF MOLDOVA FOR OTHER VEGETABLE TEXTILE FIBRE (HS CODE 53) YEAR 2006

Value in million USD

HS Code Description Global Import Value %age share of the item in Country’s Imports of the Product Group Value of Imports from India India’s Global Exports Value of Intra-CIS Imports Potential Trade for India Top 3 Suppliers %age Share
5307 Yarn of jute or of other textile bast fibres of hd no 53.03 3.13 53.60 0.86 60.07 0 2.27 Bangladesh 67.19
India 27.41
Belgium 2.68
5309 Woven fibres of flax 2.43 41.68 0 5.37 0.137 2.43 Italy 60.76
Romania 8.09
Belgium 7.64
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF MOLDOVA FOR ORGANIC CHEMICALS (HS CODE 29) YEAR 2006

Value in million USD

HS Code Description Global Import Value %age share of the item in Country’s Imports of the Product Group Value of Imports from India India’s Global Exports Value of Intra-CIS Imports Potential Trade for India Top 3 Suppliers %age Share
2918 Carboxylic acids & their derivatives 1.33 22.69 0 36.827 0.083 1.334 China 78.11
Ukraine 6.22
Spain 5.47
2941 Antibiotics 0.81 13.84 0.244 319.926 0 0.570 China 48.65
India 29.98
Romania 10.20
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF MOLDOVA FOR MACHINERY (HS CODE 84) YEAR 2006
HS Code Description Global Import Value %age share of the item in Country’s Imports of the   Product Group Value of Imports from India India’s Global Exports Value of Intra-CIS Imports Potential Trade for India Top 3 Suppliers %age Share
8418 Refrigerator, freezer, etc 28.50 12.53 0.02 90.85 10.55 28.48 Ukraine 21.20
Romania 10.08
Russia 9.37
8471 Automatic data processing machines; optical reader,etc 13.99 6.15 0 214.55 0.21 13.99 China 29.08
USA 9.53
Ireland 7.54
TRADE FAIRS & EXHIBITIONS TO BE HELD IN MOLDOVA
Location Event Name & Details Date
Chisinau
I.E.C. Moldexpo		 WINE FESTIVAL
Parade of wine-makers and wine-growers. Presentations and tasting sessions		 Oct. 2007
– Do – BLACK SEA LETEX
International Specialized Exhibition of Goods, Equipment and Raw Materials for Light Industry		 11.10 – 11.10 2007
– Do – FARMER Agricultural Products. Seeds and Planting Material, Gardening Equipment Greenhouses. Livestock and Poultry. Fodder, Adds and Premixes 24.10 – 29.10 2007
– Do – MOLDAGROTECH
International Specialized Exhibition of Agricultural Equipment, Technologies and Materials		 24.10 – 28.10 2007
– Do – MOLDECO
International Specialized Exhibition of Environment Protection Technologies and Equipment		 24.10 – 28.10 2007
I.E.C. Moldexpo SECURITY MOLDOVA International Specialized Exhibition of Security 08.11 – 11.11 2007
– Do – RECLAMA. DESIGN International Specialized Exhibition of Advertising Products, PR-Technologies and Services 08.11 – 11.11 2007
– Do – SMALL BUSINESS MOLDOVA Universal Exhibition-Forum of Small and Medium Business Manufacturers and Service Providers Dec. 2007
– Do – BEAUTY MOLDOVA Decorative Cosmetics, Perfumery, Beauty Shop and Hairdresser’s Equipment and Accessories, Jewelry, Gems and Costume Jewelry 28.02 – 02.03 2008
– Do – MOLDENERGY
Equipment and Technologies for Heating. Energetic and Regeneration Systems. Measure and Control Systems. Power-Saving Technologies		 12.03 – 15.03 2008
– Do – MOLDCONSTRUCT Building Techniques and Equipment. Building and Finishing Materials. Insulation, Covering. Ceilings and Roofings. Sanitary Engineering Equipment Ceramic Items. Glassware, Windows & Doors. Heating, Ventilation and Air-Conditioner Systems 12.03 – 15.03 2008
– Do – LANDSCAPE DESIGN
Architecture of parks and gardens. Landscape design and territory arrangement. Floriculture and horticulture. Planting materials		 12.03 – 15.03 2008
– Do – SPORTS. LEISURE. TOURISM MOLDAVA
Tourism and Traveling. Sports and Tourism, Fishing and Hunting Equipment. Hotel and Restaurant Service. Entertainment Industry		 09.04 – 12.04 2008
– Do – PACKAGING. DEPOT MOLDOVA May-08
I.E.C. Moldexpo Equipment, Raw Materials and Dosing, Marking and Packaging Technologies. Labels  
– Do – SPORT SHOW
Sports federations, symbolism. Sports equipment and goods. Sports clothes, footwear and accessories. Sport education. Sports establishments, clubs, schools and camping sites. Sport disciplines. Trophies, cups, club souvenirs		 04.05 – 06.05 2008
– Do – FOOD & DRINKS – FOOD TECHNOLOGY MOLDOVA
Food, Drinks and Raw Materials for their Production. Technologies and Equipment for Food and Processing Industry. Equipment for Trade and Public Catering, Grocery Stores and Food Depots. Refrigerating Equipment		 21.05 – 25.05 2008
Useful Websites
KEY CONTACTS
Mr. Ram Mohan