Moldova (MDA) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Moldova-Colombia Trade: In 2023, Moldova exported $2.17M to Colombia. The main products that Moldova exported to Colombia were Non-Knit Men's Coats ($867k), Plastic Lids ($589k), and Other Plastic Products ($304k). Over the past 5 years the exports of Moldova to Colombia have decreased at an annualized rate of 4.54%, from $2.74M in 2018 to $2.17M in 2023.

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

Colombia-Moldova Trade: In 2023, Colombia exported $1.84M to Moldova. The main products that Colombia exported to Moldova were Tropical Fruits ($494k), Cut Flowers ($478k), and Bananas ($443k). Over the past 5 years the exports of Colombia to Moldova have increased at an annualized rate of 20.8%, from $715k in 2018 to $1.84M in 2023.

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

Comparison: In 2023, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Moldova exported $2.17M to Colombia. The main products exported from Moldova to Colombia were Non-Knit Men's Coats ($867k), Plastic Lids ($589k), and Other Plastic Products ($304k). During the last 5 years the exports of Moldova to Colombia have decreased at an annualized rate of 4.54%, from $2.74M in 2018 to $2.17M in 2023.

In 2018, Colombia exported $1.84M to Moldova. The main products exported from Colombia to Moldova were Tropical Fruits ($494k), Cut Flowers ($478k), and Bananas ($443k). During the last 5 years the exports of Colombia to Moldova have increased at an annualized rate of 20.8%, from $715k in 2023 to $1.84M in 2018.

Exports from Moldova () to Colombia () (2023)

Exports from Colombia () to Moldova () (2023)

Latest Data

Trade between Moldova () and Colombia ()

Moldova Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Moldova
Top DestinationRomania$1.5B

Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Moldova than Colombia included Romania ($1.5B), Ukraine ($616M), and Czechia ($185M).

In 2023, countries that imported more from Colombia than Moldova included United States ($14.8B), Panama ($4.66B), and China ($2.5B).

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

Comparative Advantage Moldova - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Moldova had a large net trade with Colombia in the exports of Textiles ($927k), Plastics and Rubbers ($893k), and Instruments ($265k).

During 2018, Colombia had a large net trade with Moldova in the exports of Vegetable Products ($1.53M), Foodstuffs ($253k), and Chemical Products ($26.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Moldova Colombia+$225kGlass Bottles

Top Product Potential Colombia Moldova+$47.5kCut Flowers

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

About

Historical Data

Bilateral Trade by Products

Exports from Moldova () to Colombia () (2023)

Exports from Colombia () to Moldova () (2023)

Latest Data

Trade between Moldova () and Colombia ()

Moldova Exports

Colombia Exports

Market Competitiveness

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

Comparative Advantage Moldova - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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