In the current difficult conditions between Georgia and Armenia in the sphere of trade and economic relations, growth has been recorded. During the same period compared to the previous year, the growth was 97%, Armenian Prime Minister Nikol Pashinyan said in his speech on the occasion of the opening of the Friendship Bridge today. He … Read more
Exports of goods reached 2290.4 million US dollars in the first six months of the year (1.7 times increase compared to in the same period last year).
The National Bureau of Statistics reports that exports of domestic goods reached 1,705.5 million US dollars (74.5% of total exports), (1.7 times up compared to the same period of 2021). This fact contributed to the increase of the total value of exports by 54.3%.
Romania (29.0%), Ukraine (10.8%), Turkey (9.2%) and Italy (8.5%) imported most of goods. The merchandise is exported the most frequently by road transport (73.1%), followed by maritime transport (16.6%), rail transport (9.6%) and air transport (0.7% ).
During the reported period, merchandise imports totally attained 4347.0 million US dollars (33.1% more than the same period last year). Most of goods were imported from Romania (16.2%), the Russian Federation (15.3%), China (9.4%) and Ukraine (9.1%).
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An increase was noted in the value of foreign trade in agricultural products from the Republic of Moldova to the People’s Republic of China. The conclusion was reached by the Minister of Agriculture and Food Industry Vladimir Bolea and Ambassador of China to Chisinau Yan Wenbin at yesterday’s meeting.
Strengthening of economic relations between the states, promoting the export of agricultural products to the Chinese market and analyzing administrative and logistical impediments for the delivery of batches of fresh fruits and vegetables were the main topics of the discussion.
According to Yan Wenbin, Chinese markets are kept open for Moldovan agricultural products. Special interest is marked in cherries, sour cherries, grape seeds, nuts, oil, sawdust, apples, wine, cereals etc. Domestic producers should show more initiative to obtain the importer’s license, which is a key moment for accelerating exports. The contribution to the dissemination of Chinese experience regarding technological innovations in the irrigation and soil processing sector will also be made.
In response, Vladimir Bolea underlined the crucial importance of the Chinese market for further exploitation, taking into account Moldovan wine products promotion through the National Vine and Wine Office. According to him, Moldova is grateful to China for the support of the country’s approach to boost exports of agri-food products on this market.
Statistics show that 3.6% of the total Moldovan alcoholic production in 2021 was imported by the People’s Republic of China (about 9.3 billion US dollars). The export of strong alcoholic beverages increased in 2021 by about 60% compared to 2020 (by about 32% in value).
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Russia and China are still the major foreign trade partners of Uzbekistan. The State Statistics Committee has provided data on the top foreign trade partners of Uzbekistan for January-July 2022. According to the committee, during the reporting period, the following countries had the highest share in Uzbekistan’s exports: – Russia – $1.53 billion – China … Read more
In July 2022, prior to the launch of the sea corridor, Ukraine managed to export 2.7 million tonnes of grain crops. The relevant statement was made by Ukrainian Agribusiness Club (UCAB) Director General Roman Slastion during a briefing at Ukraine Media Center, an Ukrinform correspondent reports. “In July, when we were still unable to export … Read more
(Photo: branislavpudar/shutterstock.com ) The Government of Serbia today lifted the ban on all types of oil, as announced by the Ministry of Agriculture. The decision was made after a full insight into the state of the stock, but also the record areas covered by sunflower plantations, the announcement says. It is added that the competent … Read more
The value of foreign trade in agricultural products from the Republic of Moldova to the People’s Republic of China could increase. Minister of Agriculture and Food Industry Vladimir Bolea and Ambassador of China to Chisinau Yan Wenbin reached the conclusion at yesterday’s meeting. The discussion focused on strengthening economic relations between the states, promoting the … Read more
To date, Kazakhstan’s main trading partners in non-primary goods are Russia, China, and Uzbekistan. Photo credit: Kazakh Ministry of Trade and Integration. The export of non-primary goods from Kazakhstan increased by 33.5 percent in the first half of this year and topped out at $12 billion, according to QazTrade, the center for trade policy development … Read more
Georgian external trade turnover amounted to $10.18 billion between January-July 2022, posting a 35.3 percent increase year-on-year. Photo: Nino Alavidze/Agenda.ge Georgia exported a record $540 million of goods in July, marking a 40 percent increase compared to the same month of 2021, Prime Minister Irakli Garibashvili said at today’s Government meeting. The PM’s highlighting of … Read more
Due to the technical capabilities of the Port of Baku, the provision of efficiency in transportation with the application of modern logistics solutions, comfortable conditions for cargo owners, and many other factors, the volume of cargo attracted to the port is increasing intensively. In addition to the increase in the total volume of cargo transported … Read more