The basic elements of constantly developing Hungarian-Moldovan relationships are their economic and commercial ties. The priority is extending the cooperation range, enlarging investments, building the energy sector, water facilities (improving the quality of drinking water, disposal of sewage waters, upgrading the irrigation systems), protecting the environment, encouraging a closer cooperation between agrarian sectors.

         The Hungarian-Moldovan turnover for the last few years accounted for around 100-130 million dollars. The volume of the Hungarian export constitutes 100-120 million dollars. The dominant items are food products, compound feed, oil seeds, energy facilities, medication, leather and textile goods, telecommunication products, electric equipment.

         There are all the necessary conditions for further extension of our relationships. Intergovernmental agreements on avoidance of double taxation and mutual investment protection have been signed.

         Domestic exporters have primary opportunities on the Moldovan market in the area of agriculture (seed industry, genetics), supply of irrigation systems, crop and livestock farming technologies, freezing procedures, greenhousing.

         We advise the Hungarian entrepreneurs owing subsidiaries or representations in Romania to aim their activity at the Moldovan market (the advantage of geographic proximity, common language, wide range of commercial contacts).

         The objective of the Office for Foreign Trade within the Embassy of Hungary in Chisinau is supporting the Hungarian entrepreneurs upon their accessing the Moldovan market, extending the investment and cooperation circles.

         We are awaiting enquiries from interested entrepreneurs and will serve them as best as we can.

 

                 
                 

The turnover between Hungary and Moldova, 2012-2015

                 
                 
 

Million Dollars

 

2012

2012

2013

2013

2014

2014

2015

2015

 

Import

Export

Import

Export

Import

Export

Import

Export

Total amount of goods

27,5

106

16,1

110,5

8

120,5

5

92

Food products

0,4

16,5

2,2

15,1

1,2

18,2

2

15

Raw materials

0,6

4

0,3

3,3

0,05

7,9

0

6

Energy carriers

 

14,5

 

9,9

 

9

 

6

Manufacturing goods

26

46,4

13

53,3

4,1

52

2

48

Machines and equipment

0,6

24

0,6

28,8

2,6

33,4

0

17