2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 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
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Moldova-Nigeria Trade: In 2023, Moldova exported $1.86M to Nigeria. The main products that Moldova exported to Nigeria were Wine ($1.41M), Hard Liquor ($222k), and Plastic Building Materials ($164k). Over the past 5 years the exports of Moldova to Nigeria have increased at an annualized rate of 3.6%, from $1.56M in 2018 to $1.86M in 2023.

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

Nigeria-Moldova Trade: In 2023, Nigeria exported $598k to Moldova. The main products that Nigeria exported to Moldova were Petroleum Gas ($556k), Non-fillet Frozen Fish ($33.7k), and Spices ($8.32k). Over the past 5 years the exports of Nigeria to Moldova have increased at an annualized rate of 141%,  from $7.38k in 2018 to $598k in 2023.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $1.86M to Nigeria. The main products exported from Moldova to Nigeria were Wine ($1.41M), Hard Liquor ($222k), and Plastic Building Materials ($164k). During the last 5 years the exports of Moldova to Nigeria have increased at an annualized rate of 3.6%, from $1.56M in 2018 to $1.86M in 2023.

In 2018, Nigeria exported $598k to Moldova. The main products exported from Nigeria to Moldova were Petroleum Gas ($556k), Non-fillet Frozen Fish ($33.7k), and Spices ($8.32k). During the last 5 years the exports of Nigeria to Moldova have increased at an annualized rate of 141%, from $7.38k in 2023 to $598k in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Nigeria (Flag)

Moldova Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Nigeria
Top Destination
United States$6.29B

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

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

In 2023, countries that imported more from Nigeria than Moldova included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage Moldova - Nigeria

Flow
Scale

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

During 2023, Moldova had a large net trade with Nigeria in the exports of Foodstuffs ($1.64M), Plastics and Rubbers ($214k), and Stone And Glass ($4.17k).

During 2018, Nigeria had a large net trade with Moldova in the exports of Mineral Products ($556k), Animal Products ($33.7k), and Vegetable Products ($8.32k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Nigeria+$88.1kWine
Top Product Potential Nigeria Moldova+$4.22kRefined 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 Nigeria. This means that a dot/product with the flag of Moldova indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Moldova.

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

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