Ministry of Foreign Affairs and European Integration of the Republic of Moldova

Embassy of the Republic of Moldova to the Republic of Latvia

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Linia de urgenţă a Ambasadei Republicii Moldova:
+371 29 99 79 61
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Trade and economic relations

Bilateral trade

In 2023, the total Moldovan-Latvian trade volume was 31,4 million USD (increase compared to 2022 – 25,8 million USD), where the export was 10,9 million USD and import 20,5 million USD.

Main exported goods: grape wines, fresh grapes, medicines, apricots/cherries/sour cherries, bakery products, prepared or canned vegetables; wrist and pocket watches.

Main imported goods: prepared and canned fish/caviar, frozen fish; medicines, cheese and curds; well gas; papers/cardboards; clothing products.

Investment relations

According to the Public Services Agency, around 58 enterprises with Latvian capital operate in the Republic of Moldova. Amount of invested social capital: 12 million Lei, in areas of interest such as non-bank lending, agriculture, construction, real estate, etc.

Technical support

The Republic of Latvia started implementing cooperation projects with the Republic of Moldova in 2005, with the adoption of the first Development Cooperation Policy Plan. At the same time, the Agreement on the Development of Cooperation between the Government of the Republic of Moldova and the Government of the Republic of Latvia was signed in 2006.

In the period 2005-2023, the Government of the Republic of Latvia supported over 90 projects intended for the Republic of Moldova in the context of promoting the country's modernization reforms with a total value of around 1.5 million EUR.

Areas of assistance provided to the Republic of Moldova: regional development, reform of the judicial system, strengthening the capacity of the financial system, improving the capacity of the border guard, combating the socio-economic impact caused by the pandemic with the new SARS-CoV-2 coronavirus, medicine, mass media, food security etc.