Cosmetics Export of Moldova: A Comprehensive Trade Overview

Cosmetics are substances or products preferred by the global population for applying to their body, primarily skin, hair, nails, and lips, to enhance the appearance and maintain body health. Moldova, based in Eastern Europe, sharing borders with Romania and Ukraine in the west and north direction, has established itself as a leading exporter of cosmetics in the international trade market, driven mostly by the increased export potential and the emerging local brands. Moldova Import Data says that the skilled workforce in chemistry and dermatology has been contributing to the product development.

The small and medium enterprises offering specialized products are shaping the overall trade landscape. The demand for natural products and the focus of the domestic authorities on emphasizing eco-friendly packaging have resulted in an export trade value of cosmetics worth 20 million US dollars in 2024. The investments in infrastructure and the regulatory alignment with the European Union standards have facilitated the revenue. Subscribe to Import Globals, the leading Moldova import-export trade provider, to stay updated with the latest information regarding the cosmetics export of Moldova via the Moldova trade data.

WHY ARE COSMETICS A GLOBALLY TRADED COMMODITY?

Cosmetics are a key player in the global trade market because of their universal appeal and diverse applications, along with a strong economic potential. It encompasses a wide range of products ranging from skincare, makeup, haircare, fragrances, to personal hygiene items that cater to the needs of people of all age groups for their proper health and appearance management. It has become a ready market worldwide because of its wide consumer attraction in international trade.

The rapid growth of the global beauty and personal care market is fuelled by the rising organization and the expansion of the middle-class population, specifically in emerging economies. The global population being more conscious of appearance, health, and self-care has encouraged the consistent demand for high-quality cosmetic products, raising the bar graph of the global cosmetics trade even higher.

THE LEADING VARIANTS OF COSMETICS EXPORTED FROM MOLDOVA

Moldova, with a skilled workforce engaged in the dermatology and chemical industries, along with the technological evolution of the manufacturing methods, has actively introduced more of its domestic productions into the global supply. According to the Moldova Export Data, the top 10 leading variants of cosmetics exported from the nation in 2024 are,

1. Face Cosmetics — The annual valuation of Face Cosmetics exported from Moldova in 2024–9.1 million US dollars

2. Lip Cosmetics — The annual valuation of Lip Cosmetics exported from Moldova in 2024–8.7 million US dollars

3. Eye Cosmetics — The annual valuation of Eye Cosmetics exported from Moldova in 2024–7.5 million US dollars

4. Nail Cosmetics — The annual valuation of Nail Cosmetics exported from Moldova in 2024–6.7 million US dollars

5. Natural Cosmetics — The annual valuation of Natural Cosmetics exported from Moldova in 2024–5.4 million US dollars

6. Skin Care Products — The annual valuation of Skin Care Products exported from Moldova in 2024–4.8 million US dollars

7. Hair Care Products — The annual valuation of Hair Care Products exported from Moldova in 2024–3.4 million US dollars

8. Fragrances — The annual valuation of Fragrances exported from Moldova in 2024–2.8 million US dollars

9. Sun Protection Products — The annual valuation of Sun Protection Products exported from Moldova in 2024–2.1 million US dollars

10. Men’s Grooming Products — The annual valuation of Men’s Grooming Products exported from Moldova in 2024–1.8 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF MOLDOVA IN 2024

In order to counter the trade instability and to manage the trade deficit, Moldova has stabilized its bilateral relationship with the top importers. As per the Moldova Customs Data, the top 10 export trade partners of the nation for cosmetics exported in 2024 are,

1. Romania — The total valuation of cosmetics exported from Moldova to Romania in 2024–8.6 million US dollars

Top 5 variants of cosmetics exported

  • Face Cream
  • Night Cream
  • Day Cream
  • Anti-aging Cream
  • Moisturizing Cream

2. Ukraine — The total valuation of cosmetics exported from Moldova to Ukraine in 2024–6.2 million US dollars

Top 5 variants of cosmetics exported

  • Hydrating Cream
  • BB Cream
  • CC Cream
  • Foundation
  • Concealer

3. Italy — The total valuation of cosmetics exported from Moldova to Italy in 2024–5.8 million US dollars

Top 5 variants of cosmetics exported

  • Loose Powder
  • Pressed Powder
  • Blush
  • Highlighter
  • Bronzer

4. Germany — The total valuation of cosmetics exported from Moldova to Germany in 2024–4.7 million US dollars

Top 5 variants of cosmetics exported

  • Eyeshadow
  • Eyeliner
  • Mascara
  • Eyebrow Pencil
  • Eyebrow Gel

5. Turkey — The total valuation of cosmetics exported from Moldova to Turkey in 2024–3.8 million US dollars

Top 5 variants of cosmetics exported

  • Lipstick
  • Lip Gloss
  • Lip Liner
  • Lip Balm
  • Nail Polish

6. Poland — The total valuation of cosmetics exported from Moldova to Poland in 2024–2.97 million US dollars

Top 5 variants of cosmetics exported

  • Nail Gel
  • Nail Top Coat
  • Nail Remover
  • Hand Cream
  • Foot Cream

7. Bulgaria — The total valuation of cosmetics exported from Moldova to Bulgaria in 2024–1.89 million US dollars

Top 5 variants of cosmetics exported

  • Body Lotion
  • Body Butter
  • Shower Gel
  • Bath Salts
  • Bath Bombs

8. Russia — The total valuation of cosmetics exported from Moldova to Russia in 2024–1.4 million US dollars

Top 5 variants of cosmetics exported

  • Body Scrub
  • Deodorant
  • Antiperspirant
  • Shaving Cream
  • Shaving Gel

9. Czech — The total valuation of cosmetics exported from Moldova to the Czech Republic in 2024–1.2 million US dollars

Top 5 variants of cosmetics exported

  • Shaving Foam
  • Aftershave
  • Hair Shampoo
  • Hair Conditioner
  • Hair Mask

10. Greece — The total valuation of cosmetics exported from Moldova to Greece in 2024–1.08 million US dollars

Top 5 variants of cosmetics exported

  • Facial Cleanser
  • Face Wash
  • Toner
  • Micellar Water
  • Face Mask

Comments

Post a Comment

Popular posts from this blog

Overview of the Optical Equipment Import of Vietnam in 2023

Image
The demand for optical equipments in Vietnam has been steadily rising over the years because of the on growing demands from the industrial sectors and other consumer base. The growing awareness about eye care and its vital treatment regarding different fatal diseases is recording a positive impact over the whole eye care import of the nation in 2023 recording an annual growth rate of 10% year from 2019 onwards. Stability in trade relationship with different leading trade destination estates and attractive pricing strategies facilitate the annual import market. The growing domestic acquisitions and the limited production capability of the healthcare industries regarding the production of optical equipment have made the country record an annual import value of 2.3 billion US dollars in 2023. Import Globals with its Vietnam Trade Data highlights the global trade insights of the country’s regional shipments for helping the business holders expand their business worldwide via optimization o...
Read more

Import and Export Procedures in Vietnam 2023

Import Procedures in Vietnam: Import License: Some goods require an import license issued by the relevant authorities in Vietnam. Importers should check whether their products fall under this category. Customs Declaration: Importers must complete customs declarations accurately and submit them along with supporting documents to customs authorities. Vietnam Import Data Customs Clearance: Imported goods must undergo customs clearance procedures, which include inspection, assessment of duties and taxes, and compliance verification. Payment of Duties and Taxes: Importers are responsible for paying import duties, taxes, and other applicable fees based on the classification and value of the imported goods. Documentation: Required documents for importation typically include commercial invoices, packing lists, bill of lading or airway bills, import permits or licenses (if applicable), and certificates of origin. Export Procedures in Vietnam: Export Registration: Some products may require ex...
Read more

Seafood Export of Uganda in 2023

Image
Seafood consumers right now are gradually increasing with time because of the different health benefits it provides to the in-taker. The different vitamins present like vitamin A, vitamin B, and vitamin D not only benefit the health but also aid the proper functioning of the immune system. The globally growing demands and the increasing production cavity of the industrial sectors are promoting the exporting rate of seafood contributing to a minimal share of the total annual export trade revenue. The use of different modern technologies for preserving seafood products and increasing its shelf life along with the greater workforce engaged in it for efficient production have led to a total export trade value of 500 million US dollars in 2023. Import Globals, Uganda Trade Data, highlights the key trade insights of the country’s global trade of seafood to help the business holders adapt to the strategies of business expansion worldwide.    TOP 10 SEAFOOD EXPORTS OF UGANDA IN 2023 A...
Read more