2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 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
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Moldova-Ukraine Trade: In 2023, Moldova exported $616M to Ukraine. The main products that Moldova exported to Ukraine were Refined Petroleum ($395M), Hard Liquor ($29.2M), and Electricity ($22.3M). Over the past 5 years the exports of Moldova to Ukraine have increased at an annualized rate of 36.3%, from $131M in 2018 to $616M in 2023.

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

Ukraine-Moldova Trade: In 2023, Ukraine exported $1.13B to Moldova. The main products that Ukraine exported to Moldova were Petroleum Gas ($337M), Sawn Wood ($28.1M), and Poultry Meat ($25.6M). Over the past 5 years the exports of Ukraine to Moldova have increased at an annualized rate of 8.57%,  from $751M in 2018 to $1.13B in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $616M to Ukraine. The main products exported from Moldova to Ukraine were Refined Petroleum ($395M), Hard Liquor ($29.2M), and Electricity ($22.3M). During the last 5 years the exports of Moldova to Ukraine have increased at an annualized rate of 36.3%, from $131M in 2018 to $616M in 2023.

In 2018, Ukraine exported $1.13B to Moldova. The main products exported from Ukraine to Moldova were Petroleum Gas ($337M), Sawn Wood ($28.1M), and Poultry Meat ($25.6M). During the last 5 years the exports of Ukraine to Moldova have increased at an annualized rate of 8.57%, from $751M in 2023 to $1.13B in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Ukraine (Flag)

Moldova Exports

Ukraine Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Moldova than Ukraine included Russia ($144M), Belarus ($84.1M), and Macau ($2.36M).

In 2023, countries that imported more from Ukraine than Moldova included Poland ($4.83B), Turkey ($2.88B), and China ($2.5B).

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

Comparative Advantage Moldova - Ukraine

Flow
Scale

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

During 2023, Moldova had a large net trade with Ukraine in the exports of Mineral Products ($443M), Foodstuffs ($46.3M), and Chemical Products ($31.5M).

During 2018, Ukraine had a large net trade with Moldova in the exports of Mineral Products ($378M), Foodstuffs ($143M), and Metals ($111M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Ukraine+$4.87kInsulated Wire
Top Product Potential Ukraine Moldova+$4.38kInsulated Wire

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

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

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