Trade developments in the Republic of Moldova in 2019

Vadim Gumene

In 2019, the world economy showed signs of cooling down, accompanied by economic or geopolitical tensions among the largest global players. This had implications for the trade performance of Moldova, which will deepen further in 2020 amid declared pandemic. Meanwhile, exports to the EU have registered an upward trend for practically the whole period after signing the DCFTA, although in 2019 there was a slight decrease. However, a more detailed analysis of this dynamic indicates a number of both objective and subjective reasons underlying this evolution. On the other hand, there has not been the feared ‘invasion’ of European products on the Moldovan market.