2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC 
$6,729CURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP PC GROWTH
103%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

Moldova-Belarus Trade: In 2023, Moldova exported $84.1M to Belarus. The main products that Moldova exported to Belarus were Wine ($24.3M), Hard Liquor ($12.2M), and Corn ($6.63M). Over the past 5 years the exports of Moldova to Belarus have decreased at an annualized rate of 1.2%, from $89.3M in 2018 to $84.1M in 2023.

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

Belarus-Moldova Trade: In 2023, Belarus exported $87.6M to Moldova. The main products that Belarus exported to Moldova were Potatoes ($6.54M), Tractors ($6.29M), and Refined Petroleum ($4.25M). Over the past 5 years the exports of Belarus to Moldova have decreased at an annualized rate of 9.77%,  from $146M in 2018 to $87.6M in 2023.

In 2014, Belarus exported services to Moldova worth $210k, with Computer and information services ($157k), Government services, n.i.e. ($29.7k), and Insurance services ($12.1k) being the largest in terms of value.

Comparison: In 2023,  Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $84.1M to Belarus. The main products exported from Moldova to Belarus were Wine ($24.3M), Hard Liquor ($12.2M), and Corn ($6.63M). During the last 5 years the exports of Moldova to Belarus have decreased at an annualized rate of 1.2%, from $89.3M in 2018 to $84.1M in 2023.

In 2018, Belarus exported $87.6M to Moldova. The main products exported from Belarus to Moldova were Potatoes ($6.54M), Tractors ($6.29M), and Refined Petroleum ($4.25M). During the last 5 years the exports of Belarus to Moldova have decreased at an annualized rate of 9.77%, from $146M in 2023 to $87.6M in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Belarus (Flag)

Moldova Exports

Belarus Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Belarus
Top Destination
China$2.6B

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

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

In 2023, countries that imported more from Belarus than Moldova included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

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

Comparative Advantage Moldova - Belarus

Flow
Scale

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

During 2023, Moldova had a large net trade with Belarus in the exports of Foodstuffs ($41.2M), Vegetable Products ($21.1M), and Chemical Products ($4.03M).

During 2018, Belarus had a large net trade with Moldova in the exports of Stone And Glass ($13.5M), Chemical Products ($10.1M), and Plastics and Rubbers ($8.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Belarus+$2.35kCars
Top Product Potential Belarus Moldova+$2.42kRefined Petroleum

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

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

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