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By Iulian Ernst in Bucharest Moldova’s imports increased by 4.6% y/y to $2.16bn in Q2, but non-fuel imports (chart) rose by a more significant 15% y/y to $1.87bn creating a trade deficit in the non-fuel area ($1.06bn) that was 30% larger than in the same period last year, according to data published by the statistics bureau. At the same time, the country’s exports dropped by 11.5% y/y to $860mn. This was an effect of smaller export of mineral fuels and petroleum products (re-exported from other countries to Ukraine), which fell by 71% y/y to $45mn. Moldova’s non-fuel exports actually remained …

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