2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 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 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

Romania-Moldova Trade: In 2023, Romania exported $1.41B to Moldova. The main products that Romania exported to Moldova were Refined Petroleum ($681M), Scrap Iron ($75M), and Petroleum Gas ($60.8M). Over the past 5 years the exports of Romania to Moldova have increased at an annualized rate of 7.45%, from $986M in 2018 to $1.41B in 2023.

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

Moldova-Romania Trade: In 2023, Moldova exported $1.5B to Romania. The main products that Moldova exported to Romania were Insulated Wire ($283M), Seed Oils ($191M), and Wheat ($150M). Over the past 5 years the exports of Moldova to Romania have increased at an annualized rate of 8.42%,  from $1B in 2018 to $1.5B in 2023.

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

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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, Romania exported $1.41B to Moldova. The main products exported from Romania to Moldova were Refined Petroleum ($681M), Scrap Iron ($75M), and Petroleum Gas ($60.8M). During the last 5 years the exports of Romania to Moldova have increased at an annualized rate of 7.45%, from $986M in 2018 to $1.41B in 2023.

In 2018, Moldova exported $1.5B to Romania. The main products exported from Moldova to Romania were Insulated Wire ($283M), Seed Oils ($191M), and Wheat ($150M). During the last 5 years the exports of Moldova to Romania have increased at an annualized rate of 8.42%, from $1B in 2023 to $1.5B in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Moldova (Flag)

Romania Exports

Moldova Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from Romania than Moldova included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Moldova than Romania included Belarus ($84.1M), Zimbabwe ($16.9M), and Uganda ($3.91M).

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

Comparative Advantage Romania - Moldova

Flow
Scale

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

During 2023, Romania had a large net trade with Moldova in the exports of Mineral Products ($794M), Metals ($122M), and Machines ($86.3M).

During 2018, Moldova had a large net trade with Romania in the exports of Vegetable Products ($462M), Machines ($332M), and Animal and Vegetable Bi-Products ($195M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Moldova+$17.8MCars
Top Product Potential Moldova Romania+$5.79MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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