2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

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 33.6%, from $9.02M in 2017 to $38.4M in 2022.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 33.6%, from $9.02M in 2017 to $38.4M in 2022.

In 2017, 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 2022 to $52.3M in 2017.

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

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

Latest Data

Trade between Moldova (Flag) and South Korea (Flag)

Moldova Exports

South Korea Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
South Korea
Top Destination
China$150B

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

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

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

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

Comparative Advantage Moldova - South Korea

Flow
Scale

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

During 2022, 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).

During 2017, South Korea had a large net trade with Moldova in the exports of Metals ($18.1M), Chemical Products ($9.02M), and Instruments ($7M).

Potential Exports

Potential Exports

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

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

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

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