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Pricing

2022
Flag → Flag
Exports $52.3MRnk 130 / 220
2022
Flag → Flag
Top Product $17MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $38.4MRnk 20 / 158
2022
Flag → Flag
Top Product $7.67MNon-Knit Women's Coats
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI 0.0038Rnk 65 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
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GDP GROWTH65.6%CURRENT US$
Rnk 33 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$5,563CURRENT US$
Rnk 106 / 186
2012-2022
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GDP PC GROWTH82.7%CURRENT US$
Rnk 14 / 186

About

South Korea-Moldova Trade: In 2022, South Korea exported $52.3M to Moldova. The main products that South Korea exported to Moldova were Coated Flat-Rolled Iron ($17M), Orthopedic Appliances ($5.16M), and Beauty Products ($4.71M). Over the past 5 years the exports of South Korea to Moldova have increased at an annualized rate of 18.3%, from $22.5M in 2017 to $52.3M in 2022.

In 2022, South Korea did not export any services to Moldova.

Moldova-South Korea Trade: In 2022, Moldova exported $38.4M to South Korea. The main products that Moldova exported to South Korea were Non-Knit Women's Coats ($7.67M), Knit Sweaters ($5.55M), and Trunks and Cases ($4.79M). Over the past 5 years the exports of Moldova to South Korea have increased at an annualized rate of 10.9%,  from $9.02M in 2017 to $38.4M in 2022.

In 2022, Moldova did not export any services to South Korea.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B).

Latest Trends

September, 2024

About

Overview In September 2024, South Korea exported $6.33M and imported $4.05M from Moldova, resulting in a positive trade balance of $2.28M. Between September 2023 and September 2024 the exports of South Korea have increased by $2.75M (77%) from $3.58M to $6.33M, while imports increased by $1.26M (45.1%) from $2.79M to $4.05M.

Trade In September 2024, the top exports of South Korea to Moldova were Iron & steel ($1.63M), Cars, tractors, trucks & parts thereof. ($440k), Optical, photo, & film equipment; medical... ($436k), Perfumery & cosmetics ($256k), and Machinery, mechanical appliances, & parts ($144k). In September 2024 the top imports of South Korea from Moldova were Non-knitted clothing accesories ($2.68M), Leather articles ($686k), Knitted clothing accesories ($402k), Beverages, spirits, & vinegar ($188k), and Headgear ($36k).

Growth In September 2024, the increase in South Korea's year-by-year exports to Moldova was explained primarily by an increase in product exports in Optical, photo, & film equipment; medical... ($264k or 153%), Machinery, mechanical appliances, & parts ($81k or 129%), and Cars, tractors, trucks & parts thereof. ($62k or 16.4%). In September 2024, the increase in South Korea's year-by-year imports  from Moldova was explained primarily by an increase in product imports  in Non-knitted clothing accesories ($2.02M or 309%), Beverages, spirits, & vinegar ($106k or 129%), and Knitted clothing accesories ($62k or 18.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$2.75M(77%)
IMPORT GROWTH (September 2023 - September 2024)$1.26M(45.1%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Moldova and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Moldova and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $52.3M to Moldova. The main products exported from South Korea to Moldova were Coated Flat-Rolled Iron ($17M), Orthopedic Appliances ($5.16M), and Beauty Products ($4.71M). During the last 5 years the exports of South Korea to Moldova have increased at an annualized rate of 18.3%, from $22.5M in 2017 to $52.3M in 2022.

In 2017, Moldova exported $38.4M to South Korea. The main products exported from Moldova to South Korea were Non-Knit Women's Coats ($7.67M), Knit Sweaters ($5.55M), and Trunks and Cases ($4.79M). During the last 5 years the exports of Moldova to South Korea have increased at an annualized rate of 10.9%, from $9.02M in 2022 to $38.4M in 2017.

Exports from South Korea (Flag) to Moldova (Flag) (2022)

Exports from Moldova (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Moldova
Top DestinationRomania$1.35B

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

In 2022, countries that imported more from South Korea than Moldova included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Moldova than South Korea included Romania ($1.35B), Ukraine ($729M), and Belarus ($81.2M).

Difference in imports from Moldova (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Moldova

Flow
Scale

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

During 2022, South Korea had a large net trade with Moldova in the exports of Metals ($18.1M), Chemical Products ($9.02M), and Instruments ($7M).

During 2017, Moldova had a large net trade with South Korea in the exports of Textiles ($26.8M), Animal Hides ($4.96M), and Vegetable Products ($3.32M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Moldova+$5.83MCars
Top Product Potential Moldova South Korea+$3.79MCorn

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

Product Space of South Korea (Flag) and Moldova (Flag) (2022)

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