Moldova's industry, including processed food, is composed of approximately 600 major and mid-sized enterprises and associations. It accounts for 23% of Moldova's GDP.
In 1998 the most prominent industries were: food processing (57%), electric energy (18%), engineering and metal processing (5%); production of construction materials (4%), light industry(5.4%), and forestry, wood processing, pulp and paper (3%). Other industrial products include agricultural machinery, foundry equipment, shoes, hosiery, textiles, washing machines, and refrigerators and freezers.
In the wake of the economic downturn in 1998, Moldova's industrial production declined 11% from the previous year. Growth in industrial output was a component of improved economic performance in 2001, as industrial output registered a3.1% growth rate that year.