Flag Moldova

2019
Economic
Complexity
: -0.032, Rank 77 of 157

2019
Product
Exports | Imports
: $3.3B | $5.89B, 130 of 225 |  129 of 225

2019
Per Capita Product
Exports | Imports
: $1.24k | $2.22k, 111 of 219 |  114 of 219

2018
Service
Exports | Imports
: $1.07B | $1.1B, 68 of 88 | 70 of 88

Overview: In 2019 Moldova was the number 138 economy in the world in terms of GDP (current US$), the number 130 in total exports, the number 129 in total imports, the number 111 economy in terms of GDP per capita (current US$) and the number 77 most complex economy according to the Economic Complexity Index (ECI).

Exports: The top exports of Moldova are Insulated Wire ($594M), Sunflower Seeds ($215M), Wine ($137M), Corn ($128M), and Seats ($121M), exporting mostly to Romania ($874M), Russia ($297M), Italy ($291M), Germany ($290M), and Turkey ($186M).

Imports: The top imports of Moldova are Refined Petroleum ($581M), Cars ($243M), Insulated Wire ($211M), Packaged Medicaments ($211M), and Broadcasting Equipment ($95.7M), importing mostly from Romania ($1.19B), Russia ($577M), Ukraine ($517M), Germany ($497M), and China ($432M).

Location: Moldova borders Romania and Ukraine by land.

Yearly Exports

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Value
Depth

Top Export (2019): Insulated Wire, $594M

Top Destination (2019): Romania, $874M

In 2019, Moldova exported a total of $3.3B, making it the number 130 exporter in the world. During the last five reported years the exports of Moldova have changed by $399M from $2.9B in 2014 to $3.3B in 2019.

The most recent exports are led by Insulated Wire ($594M), Sunflower Seeds ($215M), Wine ($137M), Corn ($128M), and Seats ($121M). The most common destination for the exports of Moldova are Romania ($874M), Russia ($297M), Italy ($291M), Germany ($290M), and Turkey ($186M).

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Yearly Imports

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Value
Depth

Top Import (2019): Refined Petroleum, $581M

Top Origin (2019): Romania, $1.19B

In 2019 Moldova imported $5.89B, making it the number 129 trade destination in the world. During the last five reported years the imports of Moldova changed by $103M from $5.79B in 2014 to $5.89B in 2019.

The most recent imports of Moldova are led by Refined Petroleum ($581M), Cars ($243M), Insulated Wire ($211M), Packaged Medicaments ($211M), and Broadcasting Equipment ($95.7M). The most common import partners for Moldova are Romania ($1.19B), Russia ($577M), Ukraine ($517M), Germany ($497M), and China ($432M).

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Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

Moldova Exports Services (2018): $1.07B

Moldova Imports Services (2018): $1.1B

In 2018, Moldova exported $1.07B worth of services. The top services exported by Moldova in 2018 were Personal travel ($259M), Other transport ($233M), Air transport ($181M), Miscellaneous business, professional, and technical services ($126M), and Business travel ($122M).

The top services imported by Moldova in 2018 were Other transport ($224M), Personal travel ($216M), Miscellaneous business, professional, and technical services ($153M), Business travel ($137M), and Air transport ($136M).

Tariffs by Product

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The top product import tariffs by their MFN Ad Valorem value for Moldova are Fructose, chemically pure (75%) and Fructose, syrup > 50% fructose, not pure fructose (75%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

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*The tariffs applied to imports for Moldova are:
136: Most Favoured Nation duty rate treatement
160: Preferential tariff for Albania
172: Preferential tariff for Bosnia and Herzegovina
190: Preferential tariff for Commonwealth of Independent States (CIS) countries
219: Preferential tariff for European Union countries (AA) Association Agreement
263: Preferential tariff for Macedonia, Former Yugoslav Republic of
272: Preferential tariff for Montenegro

Economic Complexity

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Economic Complexity Ranking

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Scale

During the last 20 years Moldova's⁩ ⁨economy has become relatively mÑs complex, moving from the ⁩⁨80th to the 77th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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Most Specialized Products by RCA Index

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Moldova has a high level of specialization in Sunflower Seeds (268), Hot-Rolled Iron Bars (42), Seed Oils (33.6), Honey (31.8), and Apples and Pears (31.3). Specialization is measured using RCA, an index that takes the ratio between Moldova observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Moldova according to the product complexity index (PCI) are Machines for testing mechanical properties of material (1.64), Copper foil, thickness (except any backing) < 0.15mm (1.35), Machinery, non-domestic, involving heating or cooling (1.29), Derivatives of cyclic alcohols (0.97), and Central heating boilers except steam generators (0.93). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Moldova according to the relatedness index, are Perfume Plants (0.21), Knit Men's Undergarments (0.21), Other Vegetables (0.21), Locust beans, seaweed, sugar beet, cane, for food (0.21), and Non-Knit Men's Undergarments (0.21). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Moldova is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.