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2023
Flag → Flag
Exports $482kRnk 93 / 155
2023
Flag → Flag
Top Product $114kLeather Footwear
2023
Flag → Flag
Exports $6.61MRnk 47 / 157
2023
Flag → Flag
Top Product $3.76MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -0.13Rnk 68 / 132
2023
Flag  
GDP$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC $6,729CURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP PC GROWTH103%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC$79,637CURRENT US$
Rnk 11 / 196
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195

About

Moldova-Iceland Trade: In 2023, Moldova exported $482k to Iceland. The main products that Moldova exported to Iceland were Leather Footwear ($114k), Felt or Coated Fabric Garments ($62k), and Sunflower Seeds ($50.9k). Over the past 5 years the exports of Moldova to Iceland have increased at an annualized rate of 9.56%, from $305k in 2018 to $482k in 2023.

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

Iceland-Moldova Trade: In 2023, Iceland exported $6.61M to Moldova. The main products that Iceland exported to Moldova were Non-fillet Frozen Fish ($3.76M), Fish Fillets ($2.24M), and Processed Fish ($538k). Over the past 5 years the exports of Iceland to Moldova have decreased at an annualized rate of 1.67%,  from $7.19M in 2018 to $6.61M in 2023.

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

Comparison In 2023,  Moldova ranked 68 in the Economic Complexity Index (ECI -0.13),  and 131 in total exports ($4.81B). That same year, Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $482k to Iceland. The main products exported from Moldova to Iceland were Leather Footwear ($114k), Felt or Coated Fabric Garments ($62k), and Sunflower Seeds ($50.9k). During the last 5 years the exports of Moldova to Iceland have increased at an annualized rate of 9.56%, from $305k in 2018 to $482k in 2023.

In 2018, Iceland exported $6.61M to Moldova. The main products exported from Iceland to Moldova were Non-fillet Frozen Fish ($3.76M), Fish Fillets ($2.24M), and Processed Fish ($538k). During the last 5 years the exports of Iceland to Moldova have decreased at an annualized rate of 1.67%, from $7.19M in 2023 to $6.61M in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Iceland (Flag)

Moldova Exports

Iceland Exports

Market Competitiveness

Color
Moldova
Top DestinationRomania$1.5B
Iceland
Top DestinationNetherlands$1.97B

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

In 2023, countries that imported more from Moldova than Iceland included Romania ($1.5B), Ukraine ($616M), and Italy ($297M).

In 2023, countries that imported more from Iceland than Moldova included Netherlands ($1.97B), United States ($735M), and United Kingdom ($607M).

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

Comparative Advantage Moldova - Iceland

Flow
Scale

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

During 2023, Moldova had a large net trade with Iceland in the exports of Textiles ($182k), Footwear and Headwear ($133k), and Vegetable Products ($96.6k).

During 2018, Iceland had a large net trade with Moldova in the exports of Animal Products ($6M), Foodstuffs ($573k), and Metals ($27.5k).

Economic Complexity

Competitive Landscape

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

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

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