Developments and Trends in the International Trade in Goods in the Republic of Moldova

International trade between various countries is a significant factor in raising the standard of living, providing jobs and allowing consumers to enjoy a larger variety of goods. Over the last years, international trade has become more and more important, having a growing weight in the Gross Domesti...

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Main Authors: Valentina BUTMALAI, Alina Florentina SARACU
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2021-12-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2021_3/ButmalaiSaracu.pdf
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author Valentina BUTMALAI
Alina Florentina SARACU
author_facet Valentina BUTMALAI
Alina Florentina SARACU
author_sort Valentina BUTMALAI
collection DOAJ
description International trade between various countries is a significant factor in raising the standard of living, providing jobs and allowing consumers to enjoy a larger variety of goods. Over the last years, international trade has become more and more important, having a growing weight in the Gross Domestic Product (GDP) of all countries in the world. International trade was and is still being an important factor in promoting economic growth. This increase has led to a lowering of the absolute poverty level. Along with acquiring the independence of the Republic of Moldova, it has also gained the freedom to choose business partners, as well as those of foreign trade. Although it has been 30 years since independence in the country, the mentality persists that the country depends on the Russian Federation and the exports made in this country. The author intends to present the situation of exports of Moldovan goods in comparative analysis between the member countries of the Commonwealth of Independent States (CIS) and those of the European Union (EU) in order to be able to deduce which will be the weight of each in total exports of goods, thus concluding which are still the main export partners of the republic. Therefore, the purpose of the paper is the submission of the main partners of the Republic of Moldova in international trade in goods, their structure and the main categories of exported goods. Presentation of the statistics for foreign trade of the Republic of Moldova from January-August 2019-2021, and what is the trade balance of 2021 to August.
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spelling doaj.art-0c5a2ab35b46490daa3913c6c3e077222022-12-21T21:10:32ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04092021-12-01273627010.35219/eai15840409225Developments and Trends in the International Trade in Goods in the Republic of MoldovaValentina BUTMALAI0Alina Florentina SARACU1Dunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaInternational trade between various countries is a significant factor in raising the standard of living, providing jobs and allowing consumers to enjoy a larger variety of goods. Over the last years, international trade has become more and more important, having a growing weight in the Gross Domestic Product (GDP) of all countries in the world. International trade was and is still being an important factor in promoting economic growth. This increase has led to a lowering of the absolute poverty level. Along with acquiring the independence of the Republic of Moldova, it has also gained the freedom to choose business partners, as well as those of foreign trade. Although it has been 30 years since independence in the country, the mentality persists that the country depends on the Russian Federation and the exports made in this country. The author intends to present the situation of exports of Moldovan goods in comparative analysis between the member countries of the Commonwealth of Independent States (CIS) and those of the European Union (EU) in order to be able to deduce which will be the weight of each in total exports of goods, thus concluding which are still the main export partners of the republic. Therefore, the purpose of the paper is the submission of the main partners of the Republic of Moldova in international trade in goods, their structure and the main categories of exported goods. Presentation of the statistics for foreign trade of the Republic of Moldova from January-August 2019-2021, and what is the trade balance of 2021 to August.http://www.eia.feaa.ugal.ro/images/eia/2021_3/ButmalaiSaracu.pdfforeign tradegoodsexportimportciseutrade balance
spellingShingle Valentina BUTMALAI
Alina Florentina SARACU
Developments and Trends in the International Trade in Goods in the Republic of Moldova
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
foreign trade
goods
export
import
cis
eu
trade balance
title Developments and Trends in the International Trade in Goods in the Republic of Moldova
title_full Developments and Trends in the International Trade in Goods in the Republic of Moldova
title_fullStr Developments and Trends in the International Trade in Goods in the Republic of Moldova
title_full_unstemmed Developments and Trends in the International Trade in Goods in the Republic of Moldova
title_short Developments and Trends in the International Trade in Goods in the Republic of Moldova
title_sort developments and trends in the international trade in goods in the republic of moldova
topic foreign trade
goods
export
import
cis
eu
trade balance
url http://www.eia.feaa.ugal.ro/images/eia/2021_3/ButmalaiSaracu.pdf
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