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Moldova

Moldova ranked No. 173 in total trade value through August with a total of $57.29 million. Exports totaled $15.37 million and Imports totaled $41.92 million, a deficit of $26.56 million.

January – August 2019

Top Trading Ports

Total Trade: $57.29 million

RankPortTotal YTD
1Port of Newark $20,586,284
2Port of Savannah, Ga. $4,778,050
3Port of Houston $3,991,527
4John F. Kennedy International Airport $3,527,052
5Port of Stockton, Calif. $2,853,735
6Port of Beaumont, Texas $1,918,501
7Port of New York $1,790,726
8Port of Los Angeles $1,753,001
9Port of Oakland, Calif. $1,636,998
10Port of Virginia $1,610,435

U.S. trade with Moldova rose to $57.29 million through August

Moldova’s trade with the United States rose to $57.29 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.8 percent above its total trade during the same time period last year. U.S. exports to Moldova increased 66.86 percent while U.S. imports from Moldova rose 6.34 percent. The U.S. deficit with Moldova was $26.56 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Savannah, Ga.; No. 3 Port of Houston; No. 4 John F. Kennedy International Airport; and No. 5 Port of Stockton, Calif.. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Savannah, Ga. No. 3 John F. Kennedy International Airport No. 4 Port of Houston and No. 5 Port of Stockton, Calif.. In the current time period, the top five accounted for 62.38 percent of Moldova’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 66.61 percent to $20.59 million.
    Exports rose 7636.77 percent to $3.54 million. Imports rose 38.5 percent to $17.05 million.
  • Trade with No. 2 Port of Savannah, Ga. fell 9.96 percent to $4.78 million.
    Exports rose 320.96 percent to $1.34 million. Imports fell 31.07 percent to $3.44 million.
  • Trade with No. 3 Port of Houston rose 50.97 percent to $3.99 million.
    Exports fell 27.59 percent to $100,003. Imports rose 55.3 percent to $3.89 million.
  • Trade with No. 4 John F. Kennedy International Airport fell 25.19 percent to $3.53 million.
    Exports fell 9.64 percent to $732,350. Imports fell 28.42 percent to $2.79 million.
  • Trade with No. 5 Port of Stockton, Calif. rose 13.49 percent to $2.85 million.
    There were no exports. Imports rose 13.49 percent to $2.85 million.

Moldova ranked No. 173 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 $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Moldova by value through August were the categories of Cell phones, related equipment; Commercial vehicles; Cranes, derricks, industrial-use vehicles; Motor vehicles for transporting people; and Leather shoes, respectively. They accounted for 49.52 percent of total exports to Moldova.

The value of the top five categories of U.S. imports from Moldova –– Misc. plastic articles; Men’s or boys’ overcoats; Fruit and vegetable juices, not fortified; Women’s or girls’ overcoats, etc.; and Rum, gin, vodka, other liquors –– accounted for 42.78 percent of all inbound shipments.

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

  • Cell phones, related equipment rose 419.84 percent compared to last year to $3.49 million.
  • Commercial vehicles totaled $1.13 million. The previous year, there were no exports in this category.
  • Cranes, derricks, industrial-use vehicles rose 75.72 percent compared to last year to $1.1 million.
  • Motor vehicles for transporting people rose 31.37 percent compared to last year to $976,190.
  • Leather shoes totaled $924,700. The previous year, there were no exports in this category.

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

  • Misc. plastic articles rose 63.53 percent compared to last year to $3.85 million.
  • Men’s or boys’ overcoats rose 18.61 percent compared to last year to $3.75 million.
  • Fruit and vegetable juices, not fortified rose 16407 percent compared to last year to $3.62 million.
  • Women’s or girls’ overcoats, etc. rose 50.51 percent compared to last year to $3.48 million.
  • Rum, gin, vodka, other liquors fell 23.15 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.