2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$6,729CURRENT US$
Rnk 106 / 196
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195

About

Italy-Moldova Trade: In 2023, Italy exported $496M to Moldova. The main products that Italy exported to Moldova were Passenger and Cargo Ships ($35.2M), Refined Petroleum ($27.3M), and Packaged Medicaments ($20.9M). Over the past 5 years the exports of Italy to Moldova have increased at an annualized rate of 5.2%, from $385M in 2018 to $496M in 2023.

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

Moldova-Italy Trade: In 2023, Moldova exported $297M to Italy. The main products that Moldova exported to Italy were Other Vegetable Residues ($34.6M), Knit Sweaters ($25.8M), and Non-Knit Men's Coats ($23.6M). Over the past 5 years the exports of Moldova to Italy have decreased at an annualized rate of 4.64%,  from $377M in 2018 to $297M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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, Italy exported $496M to Moldova. The main products exported from Italy to Moldova were Passenger and Cargo Ships ($35.2M), Refined Petroleum ($27.3M), and Packaged Medicaments ($20.9M). During the last 5 years the exports of Italy to Moldova have increased at an annualized rate of 5.2%, from $385M in 2018 to $496M in 2023.

In 2018, Moldova exported $297M to Italy. The main products exported from Moldova to Italy were Other Vegetable Residues ($34.6M), Knit Sweaters ($25.8M), and Non-Knit Men's Coats ($23.6M). During the last 5 years the exports of Moldova to Italy have decreased at an annualized rate of 4.64%, from $377M in 2023 to $297M in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Moldova
Top Destination
Romania$1.5B

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

In 2023, countries that imported more from Italy than Moldova included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Moldova than Italy included Tuvalu ($282k).

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

Comparative Advantage Italy - Moldova

Flow
Scale

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

During 2023, Italy had a large net trade with Moldova in the exports of Machines ($106M), Textiles ($61M), and Chemical Products ($52.8M).

During 2018, Moldova had a large net trade with Italy in the exports of Textiles ($151M), Foodstuffs ($36.6M), and Vegetable Products ($29.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Moldova+$8.64MPackaged Medicaments
Top Product Potential Moldova Italy+$7.74MInsulated Wire

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

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

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