The economy of Moldova is an emerging upper-middle income economy, with a high Human Development Index.Moldova is a landlocked Eastern European country, bordered by Ukraine on the East and Romania to the West. It is a former Soviet republic and today a candidate member to the European Union.
Top Sectors in Moldova
Agricultura in Moldova
Moldova is an agrarian-industrial state, with agricultural land occupying 2,499,000 hectares in a total area of 3,384,600 hectares. It is estimated that 1,810,500 of these hectares are arable. Moldova is located in Eastern Europe, and is landlocked, bordering Romania and Ukraine. Moldova's agricultural sector benefits from a geographical proximity to large markets, namely the European Union. As a share of GDP, agriculture has declined from 56% in 1995 to 13.8% in 2013 Data from 2015 estimated that agriculture accounted for 12% of Moldova's GDP. Agriculture as a sector is export-oriented, with the composition of Moldova's total exports containing agriculture and the agri-food sector as a main component. 70% of agri-food exports in 2012 included beverages, edible fruits and nuts, oilseeds, vegetable preparations and cereals.Here, fruits, vegetables and nuts were attributed to 33% of Moldova's exports for 2011-2013.Moldova is also one of the top ten apple exporters in the world. However, because of the long-term emphasis on fruit, vegetables are often imported.
Tourism in Moldova
Tourism in the Republic of Moldova focuses on the country's natural landscapes and its history. Wine tours are offered to tourists across the country. Vineyards/cellars include Cricova, Purcari, Ciumai, RomaneÈti, CojuÈna, MileÈtii Mici. In 2015, Moldova received 2.85 million visitors.
Transportation in Moldova
The main means of transportation in Moldova were railways (1,138 km or 707 mi) and a highway system (12,730 km or 7,910 mi overall, including 10,973 km or 6,818 mi of paved surfaces). The major railway junctions are ChiÈinÄu, Bender, Ungheni, OcniÈa (Oknitsa, in Russian), BÄlÈi, and Basarabeasca (Bessarabka, in Russian). Primary external rail links connect the republic's network with Odesa (in Ukraine) on the Black Sea and with the Romanian cities of IaÈi and GalaÈi; they also lead northward into Ukraine. Highways link Moldova's main cities and provide the chief means of transportation within the country, but roads are in poor repair. The country's major airport is in ChiÈinÄu.Shipping is possible on the lower Prut and Nistru rivers, but water transportation plays only a modest role in the country's transportation system. In 1990 a total of 317 million tonkilometers of freight were carried on inland waterways as compared with 15,007 million ton-kilometers on railways and 1,673 million ton-kilometers on roads.
Energy in Moldova
Energy in Moldova describes energy and electricity production, consumption and import in Moldova.Moldova lacks domestic sources of fossil energy and must import substantial amounts of petroleum, coal, natural gas, and other energy resources. Primary energy supply in 2018 was about half natural gas, a quarter oil and solid biomass one-fifth.Renewable energy has expanded rapidly and Moldova is seeking to diversify sources of energy and cease purchasing from Russia.