2023
Flag  
GDP
$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 36 / 195
2023
Flag
 GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 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
$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195

About

Moldova-Serbia Trade: In 2023, Moldova exported $24.5M to Serbia. The main products that Moldova exported to Serbia were Alcohol > 80% ABV ($8.08M), Glass Bottles ($2.98M), and Light Pure Woven Cotton ($2.46M). Over the past 5 years the exports of Moldova to Serbia have decreased at an annualized rate of 5.12%, from $31.9M in 2018 to $24.5M in 2023.

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

Serbia-Moldova Trade: In 2023, Serbia exported $37.5M to Moldova. The main products that Serbia exported to Moldova were Non-woven Textiles ($5.31M), Rolled Tobacco ($4.01M), and Cleaning Products ($1.94M). Over the past 5 years the exports of Serbia to Moldova have increased at an annualized rate of 7.07%,  from $26.7M in 2018 to $37.5M in 2023.

In 2009, Serbia exported services to Moldova worth $172k, with Computer and information services ($65.1k), Other business services ($54.3k), and Workers' remittances ($28.3k) 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, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Moldova exported $24.5M to Serbia. The main products exported from Moldova to Serbia were Alcohol > 80% ABV ($8.08M), Glass Bottles ($2.98M), and Light Pure Woven Cotton ($2.46M). During the last 5 years the exports of Moldova to Serbia have decreased at an annualized rate of 5.12%, from $31.9M in 2018 to $24.5M in 2023.

In 2018, Serbia exported $37.5M to Moldova. The main products exported from Serbia to Moldova were Non-woven Textiles ($5.31M), Rolled Tobacco ($4.01M), and Cleaning Products ($1.94M). During the last 5 years the exports of Serbia to Moldova have increased at an annualized rate of 7.07%, from $26.7M in 2023 to $37.5M in 2018.

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

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

Latest Data

Trade between Moldova (Flag) and Serbia (Flag)

Moldova Exports

Serbia Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.5B
Serbia
Top Destination
Germany$4.76B

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

In 2023, countries that imported more from Moldova than Serbia included Ukraine ($616M), India ($88.3M), and Zimbabwe ($16.9M).

In 2023, countries that imported more from Serbia than Moldova included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

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

Comparative Advantage Moldova - Serbia

Flow
Scale

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

During 2023, Moldova had a large net trade with Serbia in the exports of Foodstuffs ($10M), Vegetable Products ($4.04M), and Textiles ($3.69M).

During 2018, Serbia had a large net trade with Moldova in the exports of Textiles ($6.62M), Foodstuffs ($6.6M), and Chemical Products ($5.86M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Serbia+$277kWine
Top Product Potential Serbia Moldova+$1.97MRefined 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 Serbia. This means that a dot/product with the flag of Moldova indicates it has a comparative advantage over Serbia. Similarly, a dot/product with the flag of Serbia indicates it has a comparative advantage over Moldova.

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

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