2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 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 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

Spain-Moldova Trade: In 2023, Spain exported $121M to Moldova. The main products that Spain exported to Moldova were Pig Meat ($7.32M), Packaged Medicaments ($6.91M), and Cars ($6.6M). Over the past 5 years the exports of Spain to Moldova have increased at an annualized rate of 9.68%, from $76M in 2018 to $121M in 2023.

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

Moldova-Spain Trade: In 2023, Moldova exported $67.6M to Spain. The main products that Moldova exported to Spain were Seed Oils ($35.2M), Other Vegetable Residues ($5.25M), and Barley ($4.55M). Over the past 5 years the exports of Moldova to Spain have increased at an annualized rate of 14.6%,  from $34.3M in 2018 to $67.6M in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). 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, Spain exported $121M to Moldova. The main products exported from Spain to Moldova were Pig Meat ($7.32M), Packaged Medicaments ($6.91M), and Cars ($6.6M). During the last 5 years the exports of Spain to Moldova have increased at an annualized rate of 9.68%, from $76M in 2018 to $121M in 2023.

In 2018, Moldova exported $67.6M to Spain. The main products exported from Moldova to Spain were Seed Oils ($35.2M), Other Vegetable Residues ($5.25M), and Barley ($4.55M). During the last 5 years the exports of Moldova to Spain have increased at an annualized rate of 14.6%, from $34.3M in 2023 to $67.6M in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from Spain than Moldova included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Moldova than Spain included Zimbabwe ($16.9M), Belarus ($84.1M), and Palau ($115k).

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

Comparative Advantage Spain - Moldova

Flow
Scale

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

During 2023, Spain had a large net trade with Moldova in the exports of Chemical Products ($22.2M), Animal Products ($16.4M), and Machines ($15.8M).

During 2018, Moldova had a large net trade with Spain in the exports of Animal and Vegetable Bi-Products ($35.2M), Vegetable Products ($17.6M), and Foodstuffs ($7.57M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Moldova+$6.23MCars
Top Product Potential Moldova Spain+$6.45MCorn

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

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

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