2023
Exports
$414MWorld Rnk 75 / 214
Flag Rnk 2 / 899
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$1.23BWorld Rnk 98 / 226
Flag Rnk 1 / 1137
2023
ECONOMIC COMPLEXITY of Moldova
-0.13Rnk 68 / 132

About

Exports In 2023, Moldova exported $414M in Refined Petroleum, making it the 75th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Moldova. The main destination of Refined Petroleum exports from Moldova are: Ukraine ($395M), Zimbabwe ($16.9M), Bulgaria ($1.28M), Romania ($361k), and Belarus ($330k).

The fastest growing export markets for Refined Petroleum of Moldova between 2022 and 2023 were Zimbabwe ($6.82M), Bulgaria ($879k), and Belarus ($93.1k).

Imports In 2023, Moldova imported $1.23B in Refined Petroleum, becoming the 98th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Moldova. Moldova imports Refined Petroleum primarily from: Romania ($681M), India ($149M), Turkey ($138M), Kazakhstan ($45.3M), and Bulgaria ($44.4M).

The fastest growing import markets in Refined Petroleum for Moldova between 2022 and 2023 were Turkey ($79.8M), United Arab Emirates ($29.9M), and Kazakhstan ($27.9M).

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 Refined Petroleum. 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)$414M
IMPORTS (2023)$1.23B
NET TRADE (2023)-$821M

In 2023, Moldova exported $414M in Refined Petroleum. The main destinations of Moldova exports on Refined Petroleum were Ukraine ($395M), Zimbabwe ($16.9M), Bulgaria ($1.28M), Romania ($361k), and Belarus ($330k).

In 2023, Moldova imported $1.23B in Refined Petroleum, mainly from Romania ($681M), India ($149M), Turkey ($138M), Kazakhstan ($45.3M), and Bulgaria ($44.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Moldova WERE (2022 - 2023):
Zimbabwe$6.82M (67.5%)
Bulgaria$879k (217%)
Belarus$93.1k (39.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Moldova WERE (2022 - 2023):
Ukraine-$79.8M (-16.8%)
Cyprus-$391k (-98.9%)
Slovakia-$384k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Moldova's main exporting competitors in Refined Petroleum were:
In 2023, Moldova's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $223k
TOP IMPORT POTENTIALGreece+ $13M

Refined Petroleum’s highest export potential is France. With an export gap of $223k.   Refined Petroleum’s highest import potential is Greece with an import gap of $13M.

See methodology.

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