2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC
$5,563CURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP PC GROWTH
82.7%CURRENT US$
Rnk 14 / 186

About

Nigeria-Moldova Trade: In 2022, Nigeria exported $19.6k to Moldova. The main products that Nigeria exported to Moldova were Other Oily Seeds ($7.29k), Spices ($6.14k), and Live Fish ($5.94k). Over the past 5 years the exports of Nigeria to Moldova have increased at an annualized rate of 7.12%, from $13.9k in 2017 to $19.6k in 2022.

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

Moldova-Nigeria Trade: In 2022, Moldova exported $2.36M to Nigeria. The main products that Moldova exported to Nigeria were Wine ($1.59M), Hard Liquor ($431k), and Stone Processing Machines ($126k). Over the past 5 years the exports of Moldova to Nigeria have increased at an annualized rate of 19.7%,  from $959k in 2017 to $2.36M in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $19.6k to Moldova. The main products exported from Nigeria to Moldova were Other Oily Seeds ($7.29k), Spices ($6.14k), and Live Fish ($5.94k). During the last 5 years the exports of Nigeria to Moldova have increased at an annualized rate of 7.12%, from $13.9k in 2017 to $19.6k in 2022.

In 2017, Moldova exported $2.36M to Nigeria. The main products exported from Moldova to Nigeria were Wine ($1.59M), Hard Liquor ($431k), and Stone Processing Machines ($126k). During the last 5 years the exports of Moldova to Nigeria have increased at an annualized rate of 19.7%, from $959k in 2022 to $2.36M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Moldova (Flag)

Moldova Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Moldova
Top Destination
Romania$1.35B

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

In 2022, countries that imported more from Nigeria than Moldova included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Moldova than Nigeria included Romania ($1.35B), Ukraine ($729M), and Russia ($190M).

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

Comparative Advantage Nigeria - Moldova

Flow
Scale

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

During 2022, Nigeria had a large net trade with Moldova in the exports of Vegetable Products ($13.4k), Animal Products ($5.94k), and Machines ($127).

During 2017, Moldova had a large net trade with Nigeria in the exports of Foodstuffs ($2.07M), Machines ($127k), and Plastics and Rubbers ($68.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Moldova+$4.22kRefined Petroleum
Top Product Potential Moldova Nigeria+$88.1kWine

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

Product Space of Nigeria (Flag) and Moldova (Flag) (2022)

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