2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

Sweden-Moldova Trade: In 2023, Sweden exported $49.5M to Moldova. The main products that Sweden exported to Moldova were Cars ($14M), Tractors ($6.7M), and Soil Preparation Machinery ($4.49M). Over the past 5 years the exports of Sweden to Moldova have increased at an annualized rate of 13.1%, from $26.7M in 2018 to $49.5M in 2023.

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

Moldova-Sweden Trade: In 2023, Moldova exported $1.58M to Sweden. The main products that Moldova exported to Sweden were Apples and Pears ($290k), Other Cloth Articles ($211k), and House Linens ($209k). Over the past 5 years the exports of Moldova to Sweden have decreased at an annualized rate of 4.22%,  from $1.96M in 2018 to $1.58M in 2023.

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

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). 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, Sweden exported $49.5M to Moldova. The main products exported from Sweden to Moldova were Cars ($14M), Tractors ($6.7M), and Soil Preparation Machinery ($4.49M). During the last 5 years the exports of Sweden to Moldova have increased at an annualized rate of 13.1%, from $26.7M in 2018 to $49.5M in 2023.

In 2018, Moldova exported $1.58M to Sweden. The main products exported from Moldova to Sweden were Apples and Pears ($290k), Other Cloth Articles ($211k), and House Linens ($209k). During the last 5 years the exports of Moldova to Sweden have decreased at an annualized rate of 4.22%, from $1.96M in 2023 to $1.58M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from Sweden than Moldova included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Moldova than Sweden included Romania ($1.5B), Belarus ($84.1M), and Turkmenistan ($1.8M).

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

Comparative Advantage Sweden - Moldova

Flow
Scale

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

During 2023, Sweden had a large net trade with Moldova in the exports of Transportation ($23.9M), Machines ($11.2M), and Paper Goods ($3.63M).

During 2018, Moldova had a large net trade with Sweden in the exports of Textiles ($729k), Vegetable Products ($601k), and Foodstuffs ($150k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Moldova+$5MCars
Top Product Potential Moldova Sweden+$617kWine

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

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

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