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2022
Flag → Flag
Exports $12.1MRnk 105 / 209
2022
Flag → Flag
Exports $7.76MRnk 42 / 158
2022
Flag → Flag
Top Product $1.73MMattresses
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI 0.0038Rnk 65 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
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GDP GROWTH65.6%CURRENT US$
Rnk 33 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$5,563CURRENT US$
Rnk 106 / 186
2012-2022
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GDP PC GROWTH82.7%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 N/A. 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 2.91%,  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).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK11.4M and imported NOK7.17M from Moldova, resulting in a positive trade balance of NOK4.25M. Between October 2023 and October 2024 the exports of Norway have decreased by NOK-2.36M (-17.1%) from NOK13.8M to NOK11.4M, while imports increased by NOK3.02M (72.7%) from NOK4.15M to NOK7.17M.

Trade In October 2024, the top exports of Norway to Moldova were Road vehicles (including air-cushion vehicles) (NOK3.4M), Fish (not marine mammals), crustaceans, molluscs... (NOK3.07M), Chemical materials and products, n.e.s. (NOK1.44M), Special transactions and commodities not classified... (NOK9k), and Articles of apparel and clothing accessories (NOK4k). In October 2024 the top imports of Norway from Moldova were Articles of apparel and clothing accessories (NOK3.83M), Footwear (NOK580k), Oil-seeds and oleaginous fruits (NOK238k), Travel goods, handbags and similar containers (NOK56k), and Vegetables and fruit (NOK55k).

Growth In October 2024, the decrease in Norway's year-by-year exports to Moldova was explained primarily by an decrease in product exports in Miscellaneous edible products and preparations (NOK-77k or -100%). In October 2024, the increase in Norway's year-by-year imports  from Moldova was explained primarily by an increase in product imports  in Articles of apparel and clothing accessories (NOK1.36M or 55.1%), Oil-seeds and oleaginous fruits (NOK220k or 1.22k%), and Furniture, and parts thereof; bedding, mattresses,... (NOK2k or 4.55%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK-2.36M(-17.1%)
IMPORT GROWTH (October 2023 - October 2024)NOK3.02M(72.7%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Moldova and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Moldova and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $12.1M to Moldova. There were not main exports from Norway to Moldova in 2022. 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 2.91%, 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 DestinationGermany$78.1B
Moldova
Top DestinationRomania$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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