2022
Exports
$217MWorld Rnk 88 / 223
Flag Rnk 8 / 95
2022
PRODUCT COMPLEXITY IN Iron & steel
1.68Rnk 28 / 1025
2022
Imports
$179MWorld Rnk 125 / 225
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Moldova
0.0038Rnk 65 / 133

About

Exports In 2022, Moldova exported $217M in Iron & steel, making it the 88th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 8th most exported product in Moldova. The main destination of Iron & steel exports from Moldova are: Romania ($111M), Poland ($49.7M), Turkey ($18M), Ukraine ($9.11M), and Serbia ($8.23M).

The fastest growing export markets for Iron & steel of Moldova between 2021 and 2022 were Romania ($21.7M), Bulgaria ($340k), and Austria ($275k).

Imports In 2022, Moldova imported $179M in Iron & steel, becoming the 125th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 7th most imported product in Moldova. Moldova imports Iron & steel primarily from: Ukraine ($69.9M), Romania ($36.1M), South Korea ($17M), Turkey ($14M), and China ($8.67M).

The fastest growing import markets in Iron & steel for Moldova between 2021 and 2022 were South Korea ($13.4M), Turkey ($7.92M), and Poland ($1.47M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron & steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$217M
IMPORTS (2022)$179M
NET TRADE (2022)$38.1M

In 2022, Moldova exported $217M in Iron & steel. The main destinations of Moldova exports on Iron & steel were Romania ($111M), Poland ($49.7M), Turkey ($18M), Ukraine ($9.11M), and Serbia ($8.23M).

In 2022, Moldova imported $179M in Iron & steel, mainly from Ukraine ($69.9M), Romania ($36.1M), South Korea ($17M), Turkey ($14M), and China ($8.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Moldova WERE (2021 - 2022):
Romania$21.7M (24.2%)
Bulgaria$340k (5.59%)
Austria$275k (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Moldova WERE (2021 - 2022):
Poland-$72.3M (-59.3%)
Ukraine-$23.4M (-72%)
Turkey-$20M (-52.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Moldova's main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Moldova's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.11M
TOP IMPORT POTENTIALTurkey+ $2.59M

Iron & steel’s highest export potential is Turkey. With an export gap of $5.11M.   Iron & steel’s highest import potential is Turkey with an import gap of $2.59M.

See methodology.

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