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2023
Flag → Flag
Exports $322MRnk 61 / 137
2023
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Top Product $81.1MPetroleum Gas
2023
Flag → Flag
Exports $144MRnk 8 / 155
2023
Flag → Flag
Top Product $33.2MApples and Pears
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
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Economic Complexity (ECI) ECI -0.13Rnk 68 / 132
2023
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GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
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 GDP$16.5BCURRENT US$
Rnk 132 / 195
2013-2023
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GDP GROWTH74.2%CURRENT US$
Rnk 36 / 195
2023
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GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC$6,729CURRENT US$
Rnk 106 / 196
2013-2023
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GDP PC GROWTH103%CURRENT US$
Rnk 8 / 195

About

Russia-Moldova Trade: In 2023, Russia exported $322M to Moldova. The main products that Russia exported to Moldova were Petroleum Gas ($81.1M), Mixed Mineral or Chemical Fertilizers ($35.7M), and Nitrogenous Fertilizers ($32.6M). Over the past 5 years the exports of Russia to Moldova have decreased at an annualized rate of 9.44%, from $528M in 2018 to $322M in 2023.

In 2020, Russia exported services to Moldova worth $108M, with Travel ($77.9M), Transportation ($12.8M), and Other business services ($3.69M) being the largest in terms of value.

Moldova-Russia Trade: In 2023, Moldova exported $144M to Russia. The main products that Moldova exported to Russia were Apples and Pears ($33.2M), Grapes ($16.3M), and Pitted Fruits ($12.3M). Over the past 5 years the exports of Moldova to Russia have decreased at an annualized rate of 11.4%,  from $264M in 2018 to $144M in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Moldova ranked 68 in the Economic Complexity Index (ECI -0.13), and 131 in total exports ($4.81B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $315M and imported $36M from Moldova, resulting in a positive trade balance of $279M. Between January 2021 and January 2022 the exports of Russia have increased by $236M (298%) from $79.1M to $315M, while imports increased by $14.4M (67.1%) from $21.5M to $36M.

Trade In January 2022, the top exports of Russia to Moldova were Commodities not elsewhere specified ($49.7M), Video Displays ($2.38M), Packaged Medicaments ($1.99M), Household Washing Machines ($1.34M), and Refined Petroleum ($1.03M). In January 2022 the top imports of Russia from Moldova were Apples and Pears ($8.82M), Grapes ($5.45M), Wine ($761k), Dried Fruits ($527k), and Frozen Vegetables ($516k).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($278M), MOSCOW REGION ($6.47M), BELGOROD REGION ($4.7M), VOLGOGRAD REGION ($2M), and TULA REGION ($2M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($13.1M), MOSCOW REGION ($8.66M), NOVOSIBIRSK REGION ($4.72M), KRASNODAR TERRITORY ($2.96M), and ST. PETERSBURG ($2.28M).

Growth In January 2022, the increase in Russia's year-by-year exports to Moldova was explained primarily by an increase in product exports in Packaged Medicaments ($1.08M or 120%), Video Displays ($684k or 40.3%), and Household Washing Machines ($605k or 82.3%). In January 2022, the increase in Russia's year-by-year imports  from Moldova was explained primarily by an increase in product imports  in Frozen Vegetables ($396k or 331%), Knit Women's Undergarments ($148k or 86.1%), and House Linens ($115k or 118%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$236M(298%)
IMPORT GROWTH (January 2021 - January 2022)$14.4M(67.1%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$278M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Moldova and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Moldova and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $322M to Moldova. The main products exported from Russia to Moldova were Petroleum Gas ($81.1M), Mixed Mineral or Chemical Fertilizers ($35.7M), and Nitrogenous Fertilizers ($32.6M). During the last 5 years the exports of Russia to Moldova have decreased at an annualized rate of 9.44%, from $528M in 2018 to $322M in 2023.

In 2018, Moldova exported $144M to Russia. The main products exported from Moldova to Russia were Apples and Pears ($33.2M), Grapes ($16.3M), and Pitted Fruits ($12.3M). During the last 5 years the exports of Moldova to Russia have decreased at an annualized rate of 11.4%, from $264M in 2023 to $144M in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Moldova
Top DestinationRomania$1.5B

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

In 2023, countries that imported more from Russia than Moldova included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Moldova than Russia included Romania ($1.5B), Ukraine ($616M), and Belarus ($84.1M).

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

Comparative Advantage Russia - Moldova

Flow
Scale

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

During 2023, Russia had a large net trade with Moldova in the exports of Mineral Products ($105M), Chemical Products ($91.3M), and Foodstuffs ($50.2M).

During 2018, Moldova had a large net trade with Russia in the exports of Vegetable Products ($65.1M), Textiles ($15.9M), and Machines ($15.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Moldova+$7.76kRefined Petroleum
Top Product Potential Moldova Russia+$4.46kInsulated Wire

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

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

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