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Moldova

Moldova ranked No. 178 in total trade value through October with a total of $59.13 million. Exports totaled $11.02 million and Imports totaled $48.11 million, a deficit of $37.09 million.

January – October 2018

Top Trading Ports

Total Trade: $59.13 million

RankPortTotal YTD
1Port of Newark $15,552,991
2John F. Kennedy International Airport $6,351,990
3Port of Savannah, Ga. $5,779,165
4Port of Houston $3,418,486
5Port of Baltimore, Md. $2,679,221
6Port of Stockton, Calif. $2,514,530
7Port of Los Angeles $2,113,929
8Port of New York $1,556,698
9Port of Charleston $1,554,510
10Port of Virginia $1,335,846

U.S. trade with Moldova rose to $59.13 million through October

Moldova’s trade with the United States rose to $59.13 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 24.62 percent above its total trade during the same time period last year. Moldova’s exports decreased 24.37 percent while imports rose 46.34 percent. The U.S. deficit with Moldova was $37.09 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 John F. Kennedy International Airport; No. 3 Port of Savannah, Ga.; No. 4 Port of Houston; and No. 5 Port of Baltimore, Md.. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 John F. Kennedy International Airport No. 3 Port of Savannah, Ga. No. 4 Port of Houston and No. 5 Cleveland’s Hopkins International Airport, Ohio. In the current time period, the top five accounted for 57.13 percent of Moldova’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 39.83 percent to $15.55 million.
    Exports fell 69.89 percent to $190,043. Imports rose 46.43 percent to $15.36 million.
  • Trade with No. 2 John F. Kennedy International Airport rose 3.16 percent to $6.35 million.
    Exports fell 58.71 percent to $1.08 million. Imports rose 48.65 percent to $5.27 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 111.67 percent to $5.78 million.
    Exports rose 67.92 percent to $504,399. Imports rose 117.08 percent to $5.27 million.
  • Trade with No. 4 Port of Houston rose 33.17 percent to $3.42 million.
    Exports fell 26.23 percent to $185,652. Imports rose 39.62 percent to $3.23 million.
  • Trade with No. 5 Port of Baltimore, Md. rose 49.66 percent to $2.68 million.
    Exports rose 2.44 percent to $1.22 million. Imports rose 142.71 percent to $1.46 million.

Moldova ranked No. 178 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 178.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Moldova by value through October were the categories of Frozen fish; Motor vehicles for transporting people; Tractors; Cell phones, related equipment; and Cranes, derricks, industrial-use vehicles, respectively. They accounted for 35.97 percent of total exports to Moldova.

The value of the top five categories of U.S. imports from Moldova –– Rum, gin, vodka, other liquors; Men’s or boys’ overcoats; Insulated wire, cable; Travel goods, including handbags, wallets, jewelry; and Women’s or girls’ overcoats, etc. –– accounted for 41.1 percent of all inbound shipments.

Looking more closely at U.S. exports to Moldova:

  • Frozen fish rose 97.5 percent compared to last year to $1.08 million.
  • Motor vehicles for transporting people rose 476.22 percent compared to last year to $867,028.
  • Tractors rose 92.27 percent compared to last year to $721,951.
  • Cell phones, related equipment fell 61.66 percent compared to last year to $670,445.
  • Cranes, derricks, industrial-use vehicles rose 276.77 percent compared to last year to $624,429.

Looking more closely at U.S. imports from Moldova:

  • Rum, gin, vodka, other liquors fell 24.23 percent compared to last year to $4.98 million.
  • Men’s or boys’ overcoats rose 62.07 percent compared to last year to $4.16 million.
  • Insulated wire, cable rose 24218 percent compared to last year to $4.14 million.
  • Travel goods, including handbags, wallets, jewelry rose 132.76 percent compared to last year to $3.26 million.
  • Women’s or girls’ overcoats, etc. rose 31.71 percent compared to last year to $3.23 million.

In the latest annual figures available, Moldova recorded $58.14 million in trade with the United States. At year’s end, its were New York City; Cleveland; Los Angeles; Atlanta/Savannah; and Houston. Total U.S. exports to Moldova were $ 18 million and imports from Moldova were $40.13 million. The U.S. deficit with Moldova was $22.13 million.