NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $59MRnk 128 / 220
2023
Flag → Flag
Top Product $5.29MTractors
2023
Flag → Flag
Exports $19.4MRnk 30 / 155
2023
Flag → Flag
Top Product $3.62MBi-Wheel Vehicle Parts
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.13Rnk 68 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH103%CURRENT US$
Rnk 8 / 195

About

Belgium-Moldova Trade: In 2023, Belgium exported $59M to Moldova. The main products that Belgium exported to Moldova were Tractors ($5.29M), Pesticides ($4.62M), and Bi-Wheel Vehicle Parts ($3.02M). Over the past 5 years the exports of Belgium to Moldova have increased at an annualized rate of 4.17%, from $48.1M in 2018 to $59M in 2023.

In 2023, Belgium did not export any services to Moldova.

Moldova-Belgium Trade: In 2023, Moldova exported $19.4M to Belgium. The main products that Moldova exported to Belgium were Bi-Wheel Vehicle Parts ($3.62M), Rapeseed ($3.56M), and Other Iron Products ($3.51M). Over the past 5 years the exports of Moldova to Belgium have increased at an annualized rate of 4.87%,  from $15.3M in 2018 to $19.4M in 2023.

In 2023, Moldova did not export any services to Belgium.

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B).

Latest Trends

October, 2024

About

Overview In October 2024, Belgium exported €7.96M and imported €970k from Moldova, resulting in a positive trade balance of €6.99M. Between October 2023 and October 2024 the exports of Belgium have increased by €2.76M (53.1%) from €5.2M to €7.96M, while imports increased by €71.1k (7.9%) from €899k to €970k.

Trade In October 2024, the top exports of Belgium to Moldova were Cars, tractors, trucks & parts thereof. (€2.04M), Machinery, mechanical appliances, & parts (€1.32M), Pharmaceutical products (€730k), Plastics & articles thereof (€261k), and Edible products of animal origin, n.e.s. (€231k). In October 2024 the top imports of Belgium from Moldova were Iron/Steel Articles (€426k), Cereals (€149k), Furniture, bedding, lamps, & prefab buildings (€125k), Plastics & articles thereof (€36.1k), and Preparations of vegetables, fruit, nuts or... (€35.6k).

Growth In October 2024, the increase in Belgium's year-by-year exports to Moldova was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. (€1.49M or 270%), Machinery, mechanical appliances, & parts (€810k or 158%), and Pharmaceutical products (€528k or 263%). In October 2024, the increase in Belgium's year-by-year imports  from Moldova was explained primarily by an increase in product imports  in Iron/Steel Articles (€117k or 37.8%), Plastics & articles thereof (€26.8k or 287%), and Non-knitted clothing accesories (€6.96k or 28.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€2.76M(53.1%)
IMPORT GROWTH (October 2023 - October 2024)€71.1k(7.9%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Moldova and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Moldova and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $59M to Moldova. The main products exported from Belgium to Moldova were Tractors ($5.29M), Pesticides ($4.62M), and Bi-Wheel Vehicle Parts ($3.02M). During the last 5 years the exports of Belgium to Moldova have increased at an annualized rate of 4.17%, from $48.1M in 2018 to $59M in 2023.

In 2018, Moldova exported $19.4M to Belgium. The main products exported from Moldova to Belgium were Bi-Wheel Vehicle Parts ($3.62M), Rapeseed ($3.56M), and Other Iron Products ($3.51M). During the last 5 years the exports of Moldova to Belgium have increased at an annualized rate of 4.87%, from $15.3M in 2023 to $19.4M in 2018.

Exports from Belgium (Flag) to Moldova (Flag) (2023)

Exports from Moldova (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Moldova
Top DestinationRomania$1.5B

This map shows whether countries import more from Belgium or Moldova. Each country is colored based on the difference in imports they receive from Belgium and Moldova or the difference in the growth in imports.

In 2023, countries that imported more from Belgium than Moldova included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Moldova than Belgium included Palau ($115k).

Difference in imports from Moldova (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Moldova

Flow
Scale

This chart compares trade between Belgium and Moldova by product, considering products traded by both, Belgium and Moldova.

During 2023, Belgium had a large net trade with Moldova in the exports of Chemical Products ($14.1M), Transportation ($12.4M), and Machines ($7.17M).

During 2018, Moldova had a large net trade with Belgium in the exports of Vegetable Products ($5.8M), Metals ($3.97M), and Transportation ($3.88M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Moldova+$6.1MCars
Top Product Potential Moldova Belgium+$2.53MSeed Oils

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Moldova. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Moldova. Similarly, a dot/product with the flag of Moldova indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Moldova (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms