Moldova (MDA) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Moldova-Armenia Trade: In 2022, Moldova exported $3.76M to Armenia. The main products that Moldova exported to Armenia were Large Iron Containers ($567k), Cars ($521k), and Packaged Medicaments ($317k). Over the past 5 years the exports of Moldova to Armenia have increased at an annualized rate of 19.7%, from $1.53M in 2017 to $3.76M in 2022.

In 2022, Moldova did not export any services to Armenia.

Armenia-Moldova Trade: In 2022, Armenia exported $4.53M to Moldova. The main products that Armenia exported to Moldova were Hard Liquor ($1.34M), Packaged Medicaments ($1.15M), and Rolled Tobacco ($824k). Over the past 5 years the exports of Armenia to Moldova have increased at an annualized rate of 44%, from $731k in 2017 to $4.53M in 2022.

In 2022, Armenia did not export any services to Moldova.

Comparison: In 2022, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Moldova exported $3.76M to Armenia. The main products exported from Moldova to Armenia were Large Iron Containers ($567k), Cars ($521k), and Packaged Medicaments ($317k). During the last 5 years the exports of Moldova to Armenia have increased at an annualized rate of 19.7%, from $1.53M in 2017 to $3.76M in 2022.

In 2017, Armenia exported $4.53M to Moldova. The main products exported from Armenia to Moldova were Hard Liquor ($1.34M), Packaged Medicaments ($1.15M), and Rolled Tobacco ($824k). During the last 5 years the exports of Armenia to Moldova have increased at an annualized rate of 44%, from $731k in 2022 to $4.53M in 2017.

Exports from Moldova () to Armenia () (2022)

Exports from Armenia () to Moldova () (2022)

Latest Data

Trade between Moldova () and Armenia ()

Moldova Exports

Date

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Moldova
Top DestinationRomania$1.35B

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Moldova than Armenia included Romania ($1.35B), Ukraine ($729M), and Italy ($352M).

In 2022, countries that imported more from Armenia than Moldova included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia () and Moldova () (2022)

Comparative Advantage Moldova - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Moldova had a large net trade with Armenia in the exports of Machines ($871k), Metals ($619k), and Chemical Products ($556k).

During 2017, Armenia had a large net trade with Moldova in the exports of Foodstuffs ($2.53M), Chemical Products ($1.47M), and Stone And Glass ($259k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Moldova Armenia+$78.5kSeats

Top Product Potential Armenia Moldova+$140kRolled Tobacco

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Moldova () to Armenia () (2022)

Exports from Armenia () to Moldova () (2022)

Latest Data

Trade between Moldova () and Armenia ()

Moldova Exports

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and Moldova () (2022)

Comparative Advantage Moldova - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Moldova () and Armenia () (2022)

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