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Moldova

Welcome to the price transmission page for Moldova. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Moldova

Historic Warnings per Commodity

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Background information

Despite some economic development in the beginning of the century, the lower middle income country Moldova persists as one of the poorest European countries. A bank bailout in 2014 however put significant distress on the economy and led to negative growth rates in the subsequent years. With few natural energy resources, Moldova imports almost all of its energy supplies from Russia and Ukraine. Dependence on other markets is also present in its status as a net importing country. Overall, Moldova remains vulnerable to corruption and political uncertainty, ultimately hindering economic growth.

The landlocked country is well-suited for growing fruits, vegetables, wine, and tobacco with its moderate climate and fertile lands. Around a quarter of the labor force is occupied in this sector, preceded only by the service sector. However, child labor is high in Moldova: more than one quarter of children aged 7-14 is combining work and education, especially in agriculture. With the high agricultural output, the country is a net exporter of cereals.

Moldova reports significant success in combatting poverty and hunger compared to the last decades, but the GHI (2015) nevertheless remains at a comparably high value of 9.1. More than one-tenth of the Moldavian population is undernourished. In terms of the HDI (2014), Moldova is the only country in the medium human development category in the whole region of Southeastern Europe, with a value of 0.693.