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Dynamics Of The Foreign Trade Of The Republic Of Moldova In Terms Of Laspeyres Indicators

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  • Alexandru CEBAN

    (PhD Student, Scientific Researcher, National Institute for Economic Research, Republic of Moldova)

Abstract

The analysis of the foreign trade allows determining the potential markets for export, main economic trade partners and exported / imported goods, the level of participation of a country in the world trade, as well as the degree of country’s competitiveness on the external and internal market, which determines the actuality of the researched topic. The paper presents the analysis of the external trade of the Republic of Moldova, observed through Laspeyres indicators, in order to determine the recent developments and find out the most competitive products or sectors that would influence on the development of new dimensions of the national trade. The paper has been developed based on the following research methods: Laspeyres index method, analysis and synthesis which allowed drawing up conclusions, as well as comparative method for the comparison of main trade partners and products. The most relevant results of the paper present a slight recovery of the national economy, while the exports and imports grow modestly. At the same time, an increase in exports to other countries (except CIS and EU countries) is noted, which have the potential to become future strategic partners for the Republic of Moldova.

Suggested Citation

  • Alexandru CEBAN, 2017. "Dynamics Of The Foreign Trade Of The Republic Of Moldova In Terms Of Laspeyres Indicators," Economy and Sociology, The Journal Economy and Sociology, issue 4, pages 71-82.
  • Handle: RePEc:aat:journl:y:2017:i:4:p:71-82
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