Flag Moldova

Econ Complexity (2018): -0.22, Rank 77 of 137

Product Exports (2018): $3.4B, Rank 124 of 222

Exports Per Capita (2018): $1.26k, Rank 182 of 219

Product Imports (2018): $5.99B, Rank 121 of 221

Imports Per Capita (2018): $2.22k, Rank 189 of 219

Service Exports (2018): $1.07B, Rank 68 of 88

Service Imports (2018): $1.1B, Rank 70 of 88

GDP (2018): $11.4B, CURRENT US$
Rank 137 of 196

GDP growth (2008 - 2018): 89%, CURRENT US$
Rank 41 of 196

GDP PC (2018): $3,227, CURRENT US$
Rank 133 of 196

GDP PC GROWTH (2008 - 2018): 90.3%, CURRENT US$
Rank 19 of 196

Overview: This page contains the latest international trade data for Moldova, including service trade data, and tariffs. In 2018 Moldova was the number 137 economy in the world in terms of GDP (current US$), the number 124 in total exports, the number 121 in total imports, and the number 77 most complex economy according to the Economic Complexity Index (ECI). In 2018, Moldova exported $3.4B and imported $5.99B, resulting in a negative trade balance of -$2.59B. In 2018, Moldova's exports per capita were $1.26k and its imports per capita were $2.22k.

Trade: The top exports of Moldova are Insulated Wire ($581M), Sunflower Seeds ($201M), Hot-Rolled Iron Bars ($176M), Wine ($135M), and Seats ($133M). The top imports of Moldova are Refined Petroleum ($626M), Insulated Wire ($224M), Cars ($213M), Packaged Medicaments ($199M), and Broadcasting Equipment ($118M).

Destinations: Moldova exports mostly to Romania ($940M), Italy ($346M), Germany ($267M), Russia ($257M), and Poland ($178M), and imports mostly from Romania ($1.22B), Ukraine ($734M), Russia ($561M), Germany ($499M), and China ($431M).

Location: Moldova borders Romania and Ukraine by land.

Yearly Exports

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Top Export (2018): Insulated Wire, $581M

Top Destination (2018): Romania, $940M

In 2018 Moldova exported a total of $3.4B, making it the number 124 exporter in the world. During the last five reported years the exports of Moldova have changed by $511M from $2.89B in 2013 to $3.4B in 2018.

The most recent exports are led by Insulated Wire ($581M), Sunflower Seeds ($201M), Hot-Rolled Iron Bars ($176M), Wine ($135M), and Seats ($133M). The most common destination for the exports of Moldova are Romania ($940M), Italy ($346M), Germany ($267M), Russia ($257M), and Poland ($178M).

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Yearly Imports

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Top Import (2018): Refined Petroleum, $626M

Top Origin (2018): Romania, $1.22B

In 2018 Moldova imported $5.99B, making it the number 121 trade destination in the world. During the last five reported years the imports of Moldova changed by $130M from $5.86B in 2013 to $5.99B in 2018.

The most recent imports of Moldova are led by Refined Petroleum ($626M), Insulated Wire ($224M), Cars ($213M), Packaged Medicaments ($199M), and Broadcasting Equipment ($118M). The most common import partners for Moldova are Romania ($1.22B), Ukraine ($734M), Russia ($561M), Germany ($499M), and China ($431M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

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).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Moldova. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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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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During the last 14 years Moldova's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨64th 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 (264), Hot-Rolled Iron Bars (72), Gypsum (33.9), Seed Oils (33.2), and Other Nuts (29.9). 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 (1.63), Machinery, non-domestic, involving heating or cooling (1.43), Copper foil, thickness (except any backing) < 0.15mm (1.26), Binoculars, monoculars, telescopes, etc (0.97), and Slag wool, rock wool, insulating minerals not asbestos (0.82). 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 (0.23), Knit Men's Undergarments (0.23), Other Vegetables (0.23), Non-Knit Men's Undergarments (0.23), and Knit Socks and Hosiery (0.22). 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.