2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

Portugal-Moldova Trade: In 2023, Portugal exported $28.7M to Moldova. The main products that Portugal exported to Moldova were Tanned Equine and Bovine Hides ($5.57M), Agglomerated Cork ($3.18M), and Packaged Medicaments ($2.91M). Over the past 5 years the exports of Portugal to Moldova have increased at an annualized rate of 9.87%, from $18M in 2018 to $28.7M in 2023.

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

Moldova-Portugal Trade: In 2023, Moldova exported $10.5M to Portugal. The main products that Moldova exported to Portugal were Seed Oils ($5.31M), Wheat ($4.53M), and Tanned Equine and Bovine Hides ($112k). Over the past 5 years the exports of Moldova to Portugal have increased at an annualized rate of 0.27%,  from $10.3M in 2018 to $10.5M in 2023.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $28.7M to Moldova. The main products exported from Portugal to Moldova were Tanned Equine and Bovine Hides ($5.57M), Agglomerated Cork ($3.18M), and Packaged Medicaments ($2.91M). During the last 5 years the exports of Portugal to Moldova have increased at an annualized rate of 9.87%, from $18M in 2018 to $28.7M in 2023.

In 2018, Moldova exported $10.5M to Portugal. The main products exported from Moldova to Portugal were Seed Oils ($5.31M), Wheat ($4.53M), and Tanned Equine and Bovine Hides ($112k). During the last 5 years the exports of Moldova to Portugal have increased at an annualized rate of 0.27%, from $10.3M in 2023 to $10.5M in 2018.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from Portugal than Moldova included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - Moldova

Flow
Scale

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

During 2023, Portugal had a large net trade with Moldova in the exports of Animal Hides ($5.58M), Machines ($5.16M), and Wood Products ($4.23M).

During 2018, Moldova had a large net trade with Portugal in the exports of Animal and Vegetable Bi-Products ($5.31M), Vegetable Products ($4.53M), and Animal Hides ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Moldova+$991kInsulated Wire
Top Product Potential Moldova Portugal+$1.42MSunflower Seeds

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

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

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