2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 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
$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195

About

Moldova-Russia Trade: In 2023, Moldova exported $144M to Russia. The main products that Moldova exported to Russia were Apples and Pears ($33.2M), Grapes ($16.3M), and Pitted Fruits ($12.3M). Over the past 5 years the exports of Moldova to Russia have decreased at an annualized rate of 11.4%, from $264M in 2018 to $144M in 2023.

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

Russia-Moldova Trade: In 2023, Russia exported $322M to Moldova. The main products that Russia exported to Moldova were Petroleum Gas ($81.1M), Mixed Mineral or Chemical Fertilizers ($35.7M), and Nitrogenous Fertilizers ($32.6M). Over the past 5 years the exports of Russia to Moldova have decreased at an annualized rate of 4.41%,  from $528M in 2018 to $322M in 2023.

In 2020, Russia exported services to Moldova worth $108M, with Travel ($77.9M), Transportation ($12.8M), and Other business services ($3.69M) being the largest in terms of value.

Comparison: In 2023,  Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $144M to Russia. The main products exported from Moldova to Russia were Apples and Pears ($33.2M), Grapes ($16.3M), and Pitted Fruits ($12.3M). During the last 5 years the exports of Moldova to Russia have decreased at an annualized rate of 11.4%, from $264M in 2018 to $144M in 2023.

In 2018, Russia exported $322M to Moldova. The main products exported from Russia to Moldova were Petroleum Gas ($81.1M), Mixed Mineral or Chemical Fertilizers ($35.7M), and Nitrogenous Fertilizers ($32.6M). During the last 5 years the exports of Russia to Moldova have decreased at an annualized rate of 4.41%, from $528M in 2023 to $322M in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Russia (Flag)

Moldova Exports

Russia Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Russia
Top Destination
China$129B

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

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

In 2023, countries that imported more from Russia than Moldova included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Moldova - Russia

Flow
Scale

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

During 2023, Moldova had a large net trade with Russia in the exports of Vegetable Products ($65.1M), Textiles ($15.9M), and Machines ($15.3M).

During 2018, Russia had a large net trade with Moldova in the exports of Mineral Products ($105M), Chemical Products ($91.3M), and Foodstuffs ($50.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Russia+$4.46kInsulated Wire
Top Product Potential Russia Moldova+$7.76kRefined Petroleum

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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Bilateral Service Trade

In 2020, Russia exported services to Moldova worth $108M, with Travel ($77.9M), Transportation ($12.8M), and Other business services ($3.69M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Moldova (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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