2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 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
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Moldova-Armenia Trade: In 2022, Moldova exported $3.76M to Armenia. The main products that Moldova exported to Armenia were Large Iron Containers ($567k), Cars ($521k), and Packaged Medicaments ($317k). Over the past 5 years the exports of Moldova to Armenia have increased at an annualized rate of 19.7%, from $1.53M in 2017 to $3.76M in 2022.

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

Armenia-Moldova Trade: In 2022, Armenia exported $4.53M to Moldova. The main products that Armenia exported to Moldova were Hard Liquor ($1.34M), Packaged Medicaments ($1.15M), and Rolled Tobacco ($824k). Over the past 5 years the exports of Armenia to Moldova have increased at an annualized rate of 44%,  from $731k in 2017 to $4.53M in 2022.

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

Comparison: In 2022,  Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Moldova exported $3.76M to Armenia. The main products exported from Moldova to Armenia were Large Iron Containers ($567k), Cars ($521k), and Packaged Medicaments ($317k). During the last 5 years the exports of Moldova to Armenia have increased at an annualized rate of 19.7%, from $1.53M in 2017 to $3.76M in 2022.

In 2017, Armenia exported $4.53M to Moldova. The main products exported from Armenia to Moldova were Hard Liquor ($1.34M), Packaged Medicaments ($1.15M), and Rolled Tobacco ($824k). During the last 5 years the exports of Armenia to Moldova have increased at an annualized rate of 44%, from $731k in 2022 to $4.53M in 2017.

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

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

Latest Data

Trade between Moldova (Flag) and Armenia (Flag)

Moldova Exports

Armenia Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Moldova than Armenia included Romania ($1.35B), Ukraine ($729M), and Italy ($352M).

In 2022, countries that imported more from Armenia than Moldova included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage Moldova - Armenia

Flow
Scale

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

During 2022, Moldova had a large net trade with Armenia in the exports of Machines ($871k), Metals ($619k), and Chemical Products ($556k).

During 2017, Armenia had a large net trade with Moldova in the exports of Foodstuffs ($2.53M), Chemical Products ($1.47M), and Stone And Glass ($259k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Armenia+$78.5kSeats
Top Product Potential Armenia Moldova+$140kRolled Tobacco

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

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

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