The Evolution of Foreign Trade with Creative Goods and Services of the European Union and the Republic of Moldova - as a Future member of the Community

Abstract

The study is based on tracking the evolution of the notion of creative industries from its appearance so far and the connection with other industries, such as cultural and digital. Continuous research with the exposure of one of the most popular classification of creative industries, identified based on their "usefulness"; as well as, the analysis of the evolution of foreign trade in creative goods and services (the value of foreign trade with creative goods / services, the average annual rate of increase of foreign trade with creative goods / services, the share of foreign trade with creative goods / services in the total trade of goods / services, the weight in the world trade of creative goods, the structure of creative goods) of the European Union and of the Republic of Moldova. The results of the study demonstrate the resilience and sustainability of creative industries during the periods of economic crises and confirm the importance of implementing the policies promoting creative industries. At the same time, the presence of fluctuations was identified, both during the 2015-2023 analysis period and within the EU community, demonstrating that, despite the stimulation and investments available at community level, not all countries show a major interest in increasing creative industries. The research ends with the formulation of conclusions regarding the evolution of foreign trade in creative goods and services during 2015-2023, and recommendations at the level of the Republic of Moldova, EU, the governments of the interested countries and the community. UDC: 339.56(478:061.1EU); JEL: F15, O14, O52