2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$6,729CURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Moldova-Italy Trade: In 2023, Moldova exported $297M to Italy. The main products that Moldova exported to Italy were Other Vegetable Residues ($34.6M), Knit Sweaters ($25.8M), and Non-Knit Men's Coats ($23.6M). Over the past 5 years the exports of Moldova to Italy have decreased at an annualized rate of 4.64%, from $377M in 2018 to $297M in 2023.

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

Italy-Moldova Trade: In 2023, Italy exported $496M to Moldova. The main products that Italy exported to Moldova were Passenger and Cargo Ships ($35.2M), Refined Petroleum ($27.3M), and Packaged Medicaments ($20.9M). Over the past 5 years the exports of Italy to Moldova have increased at an annualized rate of 5.2%,  from $385M in 2018 to $496M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $297M to Italy. The main products exported from Moldova to Italy were Other Vegetable Residues ($34.6M), Knit Sweaters ($25.8M), and Non-Knit Men's Coats ($23.6M). During the last 5 years the exports of Moldova to Italy have decreased at an annualized rate of 4.64%, from $377M in 2018 to $297M in 2023.

In 2018, Italy exported $496M to Moldova. The main products exported from Italy to Moldova were Passenger and Cargo Ships ($35.2M), Refined Petroleum ($27.3M), and Packaged Medicaments ($20.9M). During the last 5 years the exports of Italy to Moldova have increased at an annualized rate of 5.2%, from $385M in 2023 to $496M in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Italy (Flag)

Moldova Exports

Italy Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Italy
Top Destination
Germany$71.4B

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

In 2023, countries that imported more from Moldova than Italy included Tuvalu ($282k).

In 2023, countries that imported more from Italy than Moldova included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Moldova - Italy

Flow
Scale

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

During 2023, Moldova had a large net trade with Italy in the exports of Textiles ($151M), Foodstuffs ($36.6M), and Vegetable Products ($29.6M).

During 2018, Italy had a large net trade with Moldova in the exports of Machines ($106M), Textiles ($61M), and Chemical Products ($52.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Italy+$7.74MInsulated Wire
Top Product Potential Italy Moldova+$8.64MPackaged Medicaments

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

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

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