2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Moldova-Norway Trade: In 2023, Moldova exported $8.49M to Norway. The main products that Moldova exported to Norway were Mattresses ($3.17M), Non-Knit Men's Coats ($1.09M), and Non-Knit Men's Suits ($947k). Over the past 5 years the exports of Moldova to Norway have increased at an annualized rate of 6.19%, from $6.29M in 2018 to $8.49M in 2023.

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

Norway-Moldova Trade: In 2023, Norway exported $21M to Moldova. The main products that Norway exported to Moldova were Fish Fillets ($6.05M), Non-fillet Frozen Fish ($5.78M), and Cars ($2.77M). Over the past 5 years the exports of Norway to Moldova have increased at an annualized rate of 19.4%,  from $8.66M in 2018 to $21M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $8.49M to Norway. The main products exported from Moldova to Norway were Mattresses ($3.17M), Non-Knit Men's Coats ($1.09M), and Non-Knit Men's Suits ($947k). During the last 5 years the exports of Moldova to Norway have increased at an annualized rate of 6.19%, from $6.29M in 2018 to $8.49M in 2023.

In 2018, Norway exported $21M to Moldova. The main products exported from Norway to Moldova were Fish Fillets ($6.05M), Non-fillet Frozen Fish ($5.78M), and Cars ($2.77M). During the last 5 years the exports of Norway to Moldova have increased at an annualized rate of 19.4%, from $8.66M in 2023 to $21M in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Norway (Flag)

Moldova Exports

Norway Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Moldova than Norway included Romania ($1.5B), Ukraine ($616M), and Belarus ($84.1M).

In 2023, countries that imported more from Norway than Moldova included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Moldova - Norway

Flow
Scale

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

During 2023, Moldova had a large net trade with Norway in the exports of Textiles ($3.78M), Miscellaneous ($3.3M), and Vegetable Products ($521k).

During 2018, Norway had a large net trade with Moldova in the exports of Animal Products ($14.5M), Transportation ($4.76M), and Machines ($627k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Norway+$804kKnit Sweaters
Top Product Potential Norway Moldova+$343kNon-fillet Fresh Fish

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

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

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