Finland (FIN) and Moldova (MDA) Trade | The Observatory of Economic Complexity

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Finland-Moldova Trade: In 2023, Finland exported $20.3M to Moldova. The main products that Finland exported to Moldova were Large Flat-Rolled Stainless Steel ($2.74M), Kaolin Coated Paper ($2.04M), and Coated Flat-Rolled Iron ($2M). Over the past 5 years the exports of Finland to Moldova have increased at an annualized rate of 7.1%, from $14.4M in 2018 to $20.3M in 2023.

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

Moldova-Finland Trade: In 2023, Moldova exported $3.88M to Finland. The main products that Moldova exported to Finland were Mattresses ($885k), Trailers and semi-trailers, not mechanically propelled vehicles ($536k), and Sunflower Seeds ($510k). Over the past 5 years the exports of Moldova to Finland have increased at an annualized rate of 19.1%, from $1.62M in 2018 to $3.88M in 2023.

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

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $20.3M to Moldova. The main products exported from Finland to Moldova were Large Flat-Rolled Stainless Steel ($2.74M), Kaolin Coated Paper ($2.04M), and Coated Flat-Rolled Iron ($2M). During the last 5 years the exports of Finland to Moldova have increased at an annualized rate of 7.1%, from $14.4M in 2018 to $20.3M in 2023.

In 2018, Moldova exported $3.88M to Finland. The main products exported from Moldova to Finland were Mattresses ($885k), Trailers and semi-trailers, not mechanically propelled vehicles ($536k), and Sunflower Seeds ($510k). During the last 5 years the exports of Moldova to Finland have increased at an annualized rate of 19.1%, from $1.62M in 2023 to $3.88M in 2018.

Exports from Finland () to Moldova () (2023)

Exports from Moldova () to Finland () (2023)

Latest Data

Trade between Finland () and Moldova ()

Finland Exports

Date

Moldova Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Moldova
Top DestinationRomania$1.5B

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

In 2023, countries that imported more from Finland than Moldova included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Moldova than Finland included Romania ($1.5B), Ukraine ($616M), and Belarus ($84.1M).

Difference in imports from Moldova () and Finland () (2023)

Comparative Advantage Finland - Moldova

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Moldova in the exports of Paper Goods ($5.93M), Metals ($4.99M), and Machines ($1.95M).

During 2018, Moldova had a large net trade with Finland in the exports of Miscellaneous ($895k), Textiles ($791k), and Vegetable Products ($718k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Moldova+$713kTractors

Top Product Potential Moldova Finland+$339kSunflower Seeds

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

Year

This visualization shows the product space at the HS4 level with the flags of Finland and Moldova. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over Moldova. Similarly, a dot/product with the flag of Moldova indicates it has a comparative advantage over Finland.

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Moldova () (2023)

Exports from Moldova () to Finland () (2023)

Latest Data

Trade between Finland () and Moldova ()

Finland Exports

Moldova Exports

Market Competitiveness

Difference in imports from Moldova () and Finland () (2023)

Comparative Advantage Finland - Moldova

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Moldova () (2023)

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