2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186

About

Norway-Moldova Trade: In 2022, Norway exported $12.1M to Moldova. The main products that Norway exported to Moldova were Fish Fillets ($4.01M), Non-fillet Frozen Fish ($2.78M), and Cars ($2.19M). Over the past 5 years the exports of Norway to Moldova have increased at an annualized rate of 18.3%, from $5.23M in 2017 to $12.1M in 2022.

In 2022, Norway did not export any services to Moldova.

Moldova-Norway Trade: In 2022, Moldova exported $7.76M to Norway. The main products that Moldova exported to Norway were Mattresses ($1.73M), Non-Knit Men's Suits ($887k), and Knit Sweaters ($797k). Over the past 5 years the exports of Moldova to Norway have increased at an annualized rate of 5.91%,  from $4.37M in 2017 to $7.76M in 2022.

In 2022, Moldova did not export any services to Norway.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $12.1M to Moldova. The main products exported from Norway to Moldova were Fish Fillets ($4.01M), Non-fillet Frozen Fish ($2.78M), and Cars ($2.19M). During the last 5 years the exports of Norway to Moldova have increased at an annualized rate of 18.3%, from $5.23M in 2017 to $12.1M in 2022.

In 2017, Moldova exported $7.76M to Norway. The main products exported from Moldova to Norway were Mattresses ($1.73M), Non-Knit Men's Suits ($887k), and Knit Sweaters ($797k). During the last 5 years the exports of Moldova to Norway have increased at an annualized rate of 5.91%, from $4.37M in 2022 to $7.76M in 2017.

Exports from Norway (Flag) to Moldova (Flag) (2022)

Exports from Moldova (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Moldova
Top Destination
Romania$1.35B

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

In 2022, countries that imported more from Norway than Moldova included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Moldova than Norway included Romania ($1.35B), Ukraine ($729M), and Bulgaria ($150M).

Difference in imports from Moldova (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Moldova

Flow
Scale

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

During 2022, Norway had a large net trade with Moldova in the exports of Animal Products ($7.94M), Transportation ($2.38M), and Chemical Products ($620k).

During 2017, Moldova had a large net trade with Norway in the exports of Textiles ($3.88M), Miscellaneous ($1.78M), and Animal Products ($775k).

Potential Exports

Potential Exports

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

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

Product Space of Norway (Flag) and Moldova (Flag) (2022)

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