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2023
Flag → Flag
Exports $62.7MRnk 104 / 142
2023
Flag → Flag
Top Product $16.9MCoated Flat-Rolled Iron
2023
Flag → Flag
Exports $765kRnk 82 / 155
2023
Flag → Flag
Top Product $563kWine
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.13Rnk 68 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
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GDP GROWTH25%CURRENT US$
Rnk 127 / 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 $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$6,729CURRENT US$
Rnk 106 / 196
2013-2023
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GDP PC GROWTH103%CURRENT US$
Rnk 8 / 195

About

South Korea-Moldova Trade: In 2023, South Korea exported $62.7M to Moldova. The main products that South Korea exported to Moldova were Coated Flat-Rolled Iron ($16.9M), Cars ($13.1M), and Beauty Products ($5.59M). Over the past 5 years the exports of South Korea to Moldova have increased at an annualized rate of 10.2%, from $38.5M in 2018 to $62.7M in 2023.

In 2023, South Korea did not export any services to Moldova.

Moldova-South Korea Trade: In 2023, Moldova exported $765k to South Korea. The main products that Moldova exported to South Korea were Wine ($563k), Baked Goods ($38.8k), and Sports Equipment ($32.6k). Over the past 5 years the exports of Moldova to South Korea have decreased at an annualized rate of 44.6%,  from $14.7M in 2018 to $765k in 2023.

In 2023, Moldova did not export any services to South Korea.

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B).

Latest Trends

January, 2025

About

Overview In January 2025, South Korea exported $5.83M and imported $5.21M from Moldova, resulting in a positive trade balance of $625k. Between January 2024 and January 2025 the exports of South Korea have increased by $2.39M (69.6%) from $3.44M to $5.83M, while imports decreased by $-13.8M (-72.6%) from $19M to $5.21M.

Trade In January 2025, the top exports of South Korea to Moldova were Iron & steel ($1.98M), Cars, tractors, trucks & parts thereof. ($470k), Perfumery & cosmetics ($437k), Optical, photo, & film equipment; medical... ($320k), and Rubber & articles thereof ($93k). In January 2025 the top imports of South Korea from Moldova were Cereals ($15.2M), Non-knitted clothing accesories ($2.57M), Knitted clothing accesories ($813k), Leather articles ($382k), and Beverages, spirits, & vinegar ($73k).

Growth In January 2025, the increase in South Korea's year-by-year exports to Moldova was explained primarily by an increase in product exports in Iron & steel ($345k or 21.2%), Perfumery & cosmetics ($181k or 70.7%), and Electrical machinery and electronics ($80k or 4k%). In January 2025, the decrease in South Korea's year-by-year imports  from Moldova was explained primarily by an decrease in product imports  in Leather articles ($-304k or -44.3%), Beverages, spirits, & vinegar ($-115k or -61.2%), and Non-knitted clothing accesories ($-115k or -4.29%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$2.39M(69.6%)
IMPORT GROWTH (January 2024 - January 2025)$-13.8M(-72.6%)

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

To check Moldova and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Moldova and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $62.7M to Moldova. The main products exported from South Korea to Moldova were Coated Flat-Rolled Iron ($16.9M), Cars ($13.1M), and Beauty Products ($5.59M). During the last 5 years the exports of South Korea to Moldova have increased at an annualized rate of 10.2%, from $38.5M in 2018 to $62.7M in 2023.

In 2018, Moldova exported $765k to South Korea. The main products exported from Moldova to South Korea were Wine ($563k), Baked Goods ($38.8k), and Sports Equipment ($32.6k). During the last 5 years the exports of Moldova to South Korea have decreased at an annualized rate of 44.6%, from $14.7M in 2023 to $765k in 2018.

Exports from South Korea (Flag) to Moldova (Flag) (2023)

Exports from Moldova (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Moldova
Top DestinationRomania$1.5B

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

In 2023, countries that imported more from South Korea than Moldova included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Moldova than South Korea included Romania ($1.5B), Russia ($144M), and Belarus ($84.1M).

Difference in imports from Moldova (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Moldova

Flow
Scale

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

During 2023, South Korea had a large net trade with Moldova in the exports of Metals ($17.4M), Transportation ($14.3M), and Chemical Products ($8.9M).

During 2018, Moldova had a large net trade with South Korea in the exports of Foodstuffs ($701k), Miscellaneous ($32.6k), and Instruments ($9.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Moldova+$5.83MCars
Top Product Potential Moldova South Korea+$3.79MCorn

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 South Korea and Moldova. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Moldova. Similarly, a dot/product with the flag of Moldova indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Moldova (Flag) (2023)

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