2023
Exports
$42.3MWorld Rnk 89 / 225
Flag Rnk 20 / 96
2023
PRODUCT COMPLEXITY IN Pharmaceutical products
1.25Rnk 89 / 1025
2023
Imports
$304MWorld Rnk 107 / 226
Flag Rnk 6 / 96
2023
ECONOMIC COMPLEXITY of Moldova
-0.13Rnk 68 / 132

About

Exports In 2023, Moldova exported $42.3M in Pharmaceutical products, making it the 89th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 20th most exported product in Moldova. The main destination of Pharmaceutical products exports from Moldova are: Ukraine ($13.1M), Russia ($5.28M), Kazakhstan ($3.57M), Uzbekistan ($2.86M), and Belarus ($2.69M).

The fastest growing export markets for Pharmaceutical products of Moldova between 2022 and 2023 were Ukraine ($2.53M), Latvia ($1.02M), and Belarus ($897k).

Imports In 2023, Moldova imported $304M in Pharmaceutical products, becoming the 107th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 6th most imported product in Moldova. Moldova imports Pharmaceutical products primarily from: Germany ($44.3M), Romania ($26.8M), Turkey ($23.3M), Italy ($22.3M), and Hungary ($21M).

The fastest growing import markets in Pharmaceutical products for Moldova between 2022 and 2023 were Germany ($7.61M), Romania ($6.55M), and Spain ($2.27M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$42.3M
IMPORTS (2023)$304M
NET TRADE (2023)-$261M

In 2023, Moldova exported $42.3M in Pharmaceutical products. The main destinations of Moldova exports on Pharmaceutical products were Ukraine ($13.1M), Russia ($5.28M), Kazakhstan ($3.57M), Uzbekistan ($2.86M), and Belarus ($2.69M).

In 2023, Moldova imported $304M in Pharmaceutical products, mainly from Germany ($44.3M), Romania ($26.8M), Turkey ($23.3M), Italy ($22.3M), and Hungary ($21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Moldova WERE (2022 - 2023):
Ukraine$2.53M (24%)
Latvia$1.02M (92.4%)
Belarus$897k (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Moldova WERE (2022 - 2023):
Russia-$7.97M (-60.2%)
Lithuania-$1.34M (-75.3%)
Uzbekistan-$577k (-16.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Moldova's main exporting competitors in Pharmaceutical products were:
In 2023, Moldova's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $684k
TOP IMPORT POTENTIALGermany+ $19.6M

Pharmaceutical products’s highest export potential is Romania. With an export gap of $684k.   Pharmaceutical products’s highest import potential is Germany with an import gap of $19.6M.

See methodology.

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