Countries and regions
The Agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA).
- The European Union is Moldova's biggest trade partner. 46.4% of its trade takes place with the EU, followed by Russia (21.9% ) and Ukraine (11.8%).
- For the EU, trade with Moldova accounts for 0.1% of its overall trade. Moldova ranks 71 among the EU's trade partners, with a total turnover of EUR 3.51 billion in 2014, an increase of 8% since 2013.
- In 2014, covering the start of DCFTA application, EU exports to Moldova amounted in 2014 to EUR 2.35 billion, an increase of 3% since 2013. Key exports are machinery and appliances, mineral products, transport equipment, and chemical products.
- In the same period, the EU imports from Moldova grew very dynamically. Total imports increased by 20%, to EUR 1.16 billion. Imports of agricultural goods grew particularly strong, noting a 30% increase. Among imported goods are mainly textiles and textile articles, machinery and appliances, vegetable products and other foodstuffs and beverages.
EU-Moldova "trade in goods" statistics
|Year||EU imports||EU exports||Balance|
EU and Moldova
The EU Regulation on Autonomous Trade Preferencesfor Moldova continues to be in place and co-exists with the DCFTA. In 2013-2014, the Regulation was amended to extend duty-free treatment to Moldovan wine and to grant duty-free quotas for apples, plums and table grapes. The Regulation will apply until 31 December 2015 to make it easier for business to adapt during the transition period between the autonomous preference and the DCFTA.
The DCFTA sets up a free-trade area between the EU and Moldova, in line with the principles of the World Trade Organisation. It removes import duties for most goods traded between the EU and Moldova and provides for broad mutual access to trade in services. It also includes provisions on establishment, which allow EU and Moldovan companies to set up a subsidiary or a branch office on a non-discriminatory basis, benefitting from the same treatment as domestic companies in the partner's market.
An important part of the DCFTA is aligning Moldovan trade-related laws to selected EU legislative acts. Adoption by Moldova of EU approaches to policy-making will improve governance, strengthen the rule of law and provide more economic opportunities by opening further the EU market to the Moldovan goods and services. It will also attract foreign investment to Moldova.
Any question on the functioning of the DCFTA may be addressed to the European Commission at TRADE-DCFTA-MD@ec.europa.eu
Moldova and European Neighbourhood Policy
Moldova is a partner country of the Eastern Partnership within the European Neighborhood Policy. In 2014, the EU and Moldova agreed an Association Agenda. The Agenda outlines the priorities for reform in Moldova and is based on the commitments included in the 2014 Association Agreement. It replaces the 2005 EU – Moldova European Neighbourhood Partnership Action Plan. The reform progress in Moldova is documented by the EU in the ENP progress reports.
Trading with Moldova
- Importing into the EU from Moldova
- Exporting from the EU to Moldova
- The EU is present on the ground in Moldova
- Trade relations are part of the EU's overall political and economic relations with Moldova
- Moldova is a member of the World Trade Organisation
- Reading guide to the EU - Moldova DCFTA
- Trade SIA in support of negotiations of a Deep and Comprehensive Free Trade Area (DCFTA) between the EU and respectively Georgia and Moldova
- Moldova has been a member of the World Trade Organisation since 2001.