OREANDA-NEWS. April 25, 2013. According to the Ministry of Economy of Moldova, during this business-forum the businesspeople from both countries will discuss the possible enlarging of cooperation in different domains, mutual sales and services promotion at their markets; they will bring to light the potential for new companies creating and joint projects’ realization.

As it was previously reported by InfoMarket, the bilateral trade of Moldova and RF made USD 2 billion 085.3 million in 2012, 6.8% up versus 2011. According to the RF Federal Customs Service, in 2012 Moldova’s export to Russia increased 1.7% from USD468.6 million to USD 476.4 million, whereas Russia’s export to Moldova grew 8.4% from USD 1 billion 483.6 million to USD 1 billion 608.9 million. In 2012 the negative trade balance of Russia with Moldova made USD 1 billion 132.5 million, 18.1% up as compared with 2011.

A share of Moldova in a total volume of the turnover of RF was 0.2% in 2012, being equal to that in the previous year. Russia chiefly exports to Moldova mineral inputs, foods, chemicals, machines, equipment and transport means, the RF Federal Customs Service reports. Moldova exports to Russia foodstuffs and agricultural feedstock, metals and metal work, machines, equipment and vehicles, textile and knitted wear.

The structure of goods turned over between RF and the right- and the left -bank- parts of Moldova differs. In bilateral trade with Transdniestria industrial goods are dominant, whereas in the trade with Moldova agricultural products prevail. The share of Trandsniestria in the bilateral trade of RF and Moldova makes about 46%.