According to resources, the total export to Moldova from India reached an estimated revenue of more than $11 Million by the year 2021.
Trade agreements have also been signed between both countries in order to support exports.
Pharmaceuticals, Ceramic, and Electrical equipment are the major exported products from India to Moldova at the present moment.
According to resources, the E-commerce market in Moldova has reached $722 Million in 2021 with a growth rate of 17.22% and is expected to reach approx $1.28 Billion by 2025.
The main reason behind the eCommerce growth is the Internet penetration rate in Moldova which is 76.1% at the present moment.
So, itβs a good scope for Indian exporters and sellers to grab the Moldova market whether through offline channels or online selling platforms & marketplaces in Moldova.
Useful resources