2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 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 
$79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

Iceland-Moldova Trade: In 2023, Iceland exported $6.61M to Moldova. The main products that Iceland exported to Moldova were Non-fillet Frozen Fish ($3.76M), Fish Fillets ($2.24M), and Processed Fish ($538k). Over the past 5 years the exports of Iceland to Moldova have decreased at an annualized rate of 1.67%, from $7.19M in 2018 to $6.61M in 2023.

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

Moldova-Iceland Trade: In 2023, Moldova exported $482k to Iceland. The main products that Moldova exported to Iceland were Leather Footwear ($114k), Felt or Coated Fabric Garments ($62k), and Sunflower Seeds ($50.9k). Over the past 5 years the exports of Moldova to Iceland have increased at an annualized rate of 9.56%,  from $305k in 2018 to $482k in 2023.

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

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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, Iceland exported $6.61M to Moldova. The main products exported from Iceland to Moldova were Non-fillet Frozen Fish ($3.76M), Fish Fillets ($2.24M), and Processed Fish ($538k). During the last 5 years the exports of Iceland to Moldova have decreased at an annualized rate of 1.67%, from $7.19M in 2018 to $6.61M in 2023.

In 2018, Moldova exported $482k to Iceland. The main products exported from Moldova to Iceland were Leather Footwear ($114k), Felt or Coated Fabric Garments ($62k), and Sunflower Seeds ($50.9k). During the last 5 years the exports of Moldova to Iceland have increased at an annualized rate of 9.56%, from $305k in 2023 to $482k in 2018.

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

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

Latest Data

Trade between Iceland (Flag) and Moldova (Flag)

Iceland Exports

Moldova Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from Iceland than Moldova included Netherlands ($1.97B), United States ($735M), and United Kingdom ($607M).

In 2023, countries that imported more from Moldova than Iceland included Romania ($1.5B), Ukraine ($616M), and Italy ($297M).

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

Comparative Advantage Iceland - Moldova

Flow
Scale

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

During 2023, Iceland had a large net trade with Moldova in the exports of Animal Products ($6M), Foodstuffs ($573k), and Metals ($27.5k).

During 2018, Moldova had a large net trade with Iceland in the exports of Textiles ($182k), Footwear and Headwear ($133k), and Vegetable Products ($96.6k).

Economic Complexity

Competitive Landscape

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

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

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