2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 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
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Moldova-Serbia Trade: In 2022, Moldova exported $30.7M to Serbia. The main products that Moldova exported to Serbia were Alcohol > 80% ABV ($8.5M), Hot-Rolled Iron Bars ($4.33M), and Steel Bars ($3.9M). Over the past 5 years the exports of Moldova to Serbia have increased at an annualized rate of 13.9%, from $16M in 2017 to $30.7M in 2022.

In 2022, Moldova did not export any services to Serbia.

Serbia-Moldova Trade: In 2022, Serbia exported $35.3M to Moldova. The main products that Serbia exported to Moldova were Non-woven Textiles ($5.28M), Mixed Mineral or Chemical Fertilizers ($5.11M), and Refined Petroleum ($1.59M). Over the past 5 years the exports of Serbia to Moldova have increased at an annualized rate of 11.9%,  from $20.2M in 2017 to $35.3M in 2022.

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 2022,  Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Moldova exported $30.7M to Serbia. The main products exported from Moldova to Serbia were Alcohol > 80% ABV ($8.5M), Hot-Rolled Iron Bars ($4.33M), and Steel Bars ($3.9M). During the last 5 years the exports of Moldova to Serbia have increased at an annualized rate of 13.9%, from $16M in 2017 to $30.7M in 2022.

In 2017, Serbia exported $35.3M to Moldova. The main products exported from Serbia to Moldova were Non-woven Textiles ($5.28M), Mixed Mineral or Chemical Fertilizers ($5.11M), and Refined Petroleum ($1.59M). During the last 5 years the exports of Serbia to Moldova have increased at an annualized rate of 11.9%, from $20.2M in 2022 to $35.3M in 2017.

Exports from Moldova (Flag) to Serbia (Flag) (2022)

Exports from Serbia (Flag) to Moldova (Flag) (2022)

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
Serbia
Top Destination
Germany$4B

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 2022, countries that imported more from Moldova than Serbia included Ukraine ($729M), Iran ($51.8M), and Romania ($1.35B).

In 2022, countries that imported more from Serbia than Moldova included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

Difference in imports from Serbia (Flag) and Moldova (Flag) (2022)

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 2022, Moldova had a large net trade with Serbia in the exports of Foodstuffs ($9.83M), Metals ($8.36M), and Textiles ($5.29M).

During 2017, Serbia had a large net trade with Moldova in the exports of Chemical Products ($8.45M), Plastics and Rubbers ($6.79M), and Textiles ($6.54M).

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) (2022)

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