2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

India-Moldova Trade: In 2023, India exported $210M to Moldova. The main products that India exported to Moldova were Refined Petroleum ($149M), Unglazed Ceramics ($11.3M), and Iron Structures ($6.56M). Over the past 5 years the exports of India to Moldova have increased at an annualized rate of 46.1%, from $31.5M in 2018 to $210M in 2023.

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

Moldova-India Trade: In 2023, Moldova exported $88.3M to India. The main products that Moldova exported to India were Seed Oils ($87.5M), Machinery Having Individual Functions ($232k), and Rubberworking Machinery ($158k). Over the past 5 years the exports of Moldova to India have increased at an annualized rate of 170%,  from $621k in 2018 to $88.3M in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $210M to Moldova. The main products exported from India to Moldova were Refined Petroleum ($149M), Unglazed Ceramics ($11.3M), and Iron Structures ($6.56M). During the last 5 years the exports of India to Moldova have increased at an annualized rate of 46.1%, from $31.5M in 2018 to $210M in 2023.

In 2018, Moldova exported $88.3M to India. The main products exported from Moldova to India were Seed Oils ($87.5M), Machinery Having Individual Functions ($232k), and Rubberworking Machinery ($158k). During the last 5 years the exports of Moldova to India have increased at an annualized rate of 170%, from $621k in 2023 to $88.3M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from India than Moldova included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Moldova than India included Romania ($1.5B), Belarus ($84.1M), and Tuvalu ($282k).

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

Comparative Advantage India - Moldova

Flow
Scale

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

During 2023, India had a large net trade with Moldova in the exports of Mineral Products ($149M), Stone And Glass ($13.7M), and Chemical Products ($10.5M).

During 2018, Moldova had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($87.5M), Machines ($470k), and Vegetable Products ($223k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Moldova+$5.24MPackaged Medicaments
Top Product Potential Moldova India+$5.75MSeed 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.

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Economic Complexity

Competitive Landscape

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

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

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