The purpose of this research is to analyze statistical data that reflect the impact of strengthening bilateral relations between the Republic of Moldova and the European Union countries. The need for such an analysis is timely from the perspective of assessing the impact of the Moldova–European Union Association Agreement, including the Deep and Comprehensive Free Trade Area (DCFTA), which gave a significant boost to trade flows between both parties. The research aims to present a retrospective of export and import flows with EU countries during the years 2012-2021 and the period January-August 2022, highlighting what are the main trade partner countries and the main product groups traded between Moldova and EU. The actuality of the research resides in the analysis of the impact of the war in the neighboring country on exports and imports on the trade with the EU countries versus the countries of the Commonwealth of Independent States (CIS), as well as highlighting the main benefits that our country will receive once it has received the status of a candidate country upon joining the EU. In the process of writing this article, the methods of statistical and comparative data analysis have been used. As a result of the respective analysis, it was found that the economy of the Republic of Moldova is strongly oriented towards the market of the European Union countries and the status of a candidate country for joining the EU will bring major benefits in the nearest future. If the European Union will continue to support the Republic of Moldova in the structural reforms implementation, this will offer the posibilities to attract more investments, create new jobs, optimize the use of the production factors, increase the competitiveness of Moldovan products, improve education services and many other benefits that will increase the level of living for population.