MOLDOVA

According to press service for the Agrarian Policy and Food Ministry and the State Customs Service, 21.256 million tonnes of grains and grain legumes have been exported by Ukraine since the beginning of the 2024-2025 marketing year (July 2024-June 2025), and 2.882 million tonnes of them were shipped since the beginning of December.
Last year, the overall amount of shipments attained 17.484 million tonnes and 4.387 million tonnes in December 2023.
Ukraine has exported 9.613 million tonnes of wheat since the beginning of the current season, compared to 7.255 million tonnes in the 2023-2024 marketing year, as well as 1.968 million tonnes of barley (991,000 tonnes), 10,800 tonnes of rye (1,000 tonnes), and 9.351 million tonnes of corn (9.097 million tonnes).
They estimated the total export of Ukrainian flour at 37,000 tonnes since the beginning of the season (57,000 tonnes in the 2023-2024 marketing year), including 33,900 tonnes of wheat flour (54.200 tonnes).
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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According to amendments to the law on road traffic that come into force this month, subjecting vehicles in the M2, M3, N1, N2, N3, O3, and O4 categories to inspection, they will conduct roadside inspections for carriers in designated roadside zones in Georgia starting from this year.
Administrative fines ranging from ₾500 ($177) to ₾5,000 ($1,779), depending on the severity of the offence, will be charged for violations identified during inspections.
Compliance with the rules for transporting dangerous goods, the driver’s work and rest regime and the use of the electronic card of the control device – tachograph, technical condition of the vehicle, and compliance with the rules for securing cargo to the body will be included in the inspections.
Inspectors will also check the compliance with the rules for using the relevant permit document related to international road transport and transportation, compliance with the rules for installing and calibrating the control device and speed limiter and mass and dimensions of the vehicle.
Inspections will be carried out by the Land Transport Agency, while a Government decree will determine the rules for road inspections in the roadside zones.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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Serbia’s top five trading partners list has changed. Germany remains Serbia’s largest trading partner, closely followed by China. Italy, Turkey, and Hungary are other significant import and export partners.
A major economic downturn that Germany is now grappling with made Serbia export to China and Turkey at such a significant scale this year.
Various challenges that Europe is facing have repercussions for Serbia, for example, a potential delay of up to two months in joining the Single Euro Payments Area (SEPA) and protests in Belgrade and other cities.
Meanwhile, Serbia’s exports to China and Turkey increase.
Data published in the latest issue of Macroeconomic Analyses and Trends (MAT) from December report that Serbian exports to China in the first nine months of this year grew up by 65% and attained €531 million, while exports to Turkey increased by 80% and reached €300 million.
The export-to-import coverage ratio in trade with China was 24.1% between January and September 2023, compared to 35.6% this year.
When minor delays in Serbia’s entry into the Single Euro Payments Area (SEPA) were announced by EU officials last autumn, Serbian political leaders suggested in their recent statements that the delay could extend to two months beyond the initially planned date of January 1, 2025.
Cheaper payment transactions within the region and the EU, Serbia’s largest export market, will be possible due to joining SEPA.
As Serbian President Aleksandar Vučić stated during his visit to Brussels on Wednesday, they expected Serbia to join SEPA in January or February, without providing further details. According to European Commission President Ursula von der Leyen, only Albania and Montenegro will join the system next year, followed by North Macedonia and Serbia.
Interest rates were reduced by 25 basis points for the third time by the Federal Reserve on Wednesday, as investors chose to avoid risky investments while the move was anticipated.
As Federal Reserve Chair Jerome Powell’s remarks, although they expected the rate cut and subsequent comments during a press conference, the central bank might delay further rate cuts until 2025, even if inflation remains above 2%. A reaction in the markets was sparked by this.
Two to three rate cuts are anticipated by the market next year. As Mark Luschini of Janney Montgomery Scott commented to Bloomberg, that is an overreaction. According to him, the market’s surprise over the forecast of only one rate cut in 2025 seems exaggerated and unwarranted.
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.

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As the National Statistics Office said on Friday, Georgia’s external trade turnover attained $21.1 billion between January-November (6.6 percent increase compared to the same period last year).
The raise of imports attained (6.1 percent, $15.1 billion in total), while the growth of exports reached 7.9 percent ($6 billion).
The share of the trade deficit (a measure of the negative balance of trade in which a country’s imports exceed its exports) in trade turnover was observed at 43 percent (totally $9.08 billion).
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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