2022
Exports
$392MWorld Rnk 11 / 152
Flag Rnk 3 / 905
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$45.5MWorld Rnk 63 / 211
Flag Rnk 22 / 1140
2022
ECONOMIC COMPLEXITY of Moldova
0.0038Rnk 65 / 133

About

Exports In 2022, Moldova exported $392M in Seed Oils, making it the 11th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 3rd most exported product in Moldova. The main destination of Seed Oils exports from Moldova are: Italy ($91.2M), Romania ($73.8M), Iran ($51.8M), Netherlands ($42.8M), and Spain ($33.6M).

The fastest growing export markets for Seed Oils of Moldova between 2021 and 2022 were Italy ($67.9M), Romania ($61.4M), and Iran ($51.8M).

Imports In 2022, Moldova imported $45.5M in Seed Oils, becoming the 63rd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 22nd most imported product in Moldova. Moldova imports Seed Oils primarily from: Ukraine ($44.4M), Romania ($657k), Turkey ($143k), Russia ($139k), and Hungary ($106k).

The fastest growing import markets in Seed Oils for Moldova between 2021 and 2022 were Ukraine ($38.2M), Turkey ($142k), and Belarus ($23.9k).

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 Seed Oils. 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)$392M
IMPORTS (2022)$45.5M
NET TRADE (2022)$346M

In 2022, Moldova exported $392M in Seed Oils. The main destinations of Moldova exports on Seed Oils were Italy ($91.2M), Romania ($73.8M), Iran ($51.8M), Netherlands ($42.8M), and Spain ($33.6M).

In 2022, Moldova imported $45.5M in Seed Oils, mainly from Ukraine ($44.4M), Romania ($657k), Turkey ($143k), Russia ($139k), and Hungary ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Moldova WERE (2021 - 2022):
Italy$67.9M (292%)
Romania$61.4M (495%)
Iran$51.8M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Moldova WERE (2021 - 2022):
Spain-$17.7M (-34.6%)
United Arab Emirates-$11.3M (-100%)
Lebanon-$360k (-77.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Moldova's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Moldova's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $6.82M
TOP IMPORT POTENTIALRomania+ $245k

Seed Oils’s highest export potential is Turkey. With an export gap of $6.82M.   Seed Oils’s highest import potential is Romania with an import gap of $245k.

See methodology.

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