2022
Flag  
GDP
$14.4BCURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP GROWTH
65.6%CURRENT US$
Rnk 33 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 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
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Moldova-Azerbaijan Trade: In 2022, Moldova exported $5.31M to Azerbaijan. The main products that Moldova exported to Azerbaijan were Packaged Medicaments ($1.5M), Large Construction Vehicles ($600k), and Other Processed Vegetables ($569k). Over the past 5 years the exports of Moldova to Azerbaijan have decreased at an annualized rate of 4.84%, from $6.8M in 2017 to $5.31M in 2022.

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

Azerbaijan-Moldova Trade: In 2022, Azerbaijan exported $18.2M to Moldova. The main products that Azerbaijan exported to Moldova were Nitrogenous Fertilizers ($14.9M), Refined Petroleum ($1.05M), and Vaccines, blood, antisera, toxins and cultures ($850k). Over the past 5 years the exports of Azerbaijan to Moldova have increased at an annualized rate of 137%,  from $245k in 2017 to $18.2M in 2022.

In 2008, Azerbaijan exported services to Moldova worth $1.86M, with Transportation ($616k), Travel ($560k), and Services not allocated ($509k) being the largest in terms of value.

Comparison: In 2022,  Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Moldova exported $5.31M to Azerbaijan. The main products exported from Moldova to Azerbaijan were Packaged Medicaments ($1.5M), Large Construction Vehicles ($600k), and Other Processed Vegetables ($569k). During the last 5 years the exports of Moldova to Azerbaijan have decreased at an annualized rate of 4.84%, from $6.8M in 2017 to $5.31M in 2022.

In 2017, Azerbaijan exported $18.2M to Moldova. The main products exported from Azerbaijan to Moldova were Nitrogenous Fertilizers ($14.9M), Refined Petroleum ($1.05M), and Vaccines, blood, antisera, toxins and cultures ($850k). During the last 5 years the exports of Azerbaijan to Moldova have increased at an annualized rate of 137%, from $245k in 2022 to $18.2M in 2017.

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

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

Latest Data

Trade between Moldova (Flag) and Azerbaijan (Flag)

Moldova Exports

Azerbaijan Exports

Market Competitiveness

Color
Moldova
Top Destination
Romania$1.35B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Moldova than Azerbaijan included Romania ($1.35B), Ukraine ($729M), and Poland ($177M).

In 2022, countries that imported more from Azerbaijan than Moldova included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Moldova - Azerbaijan

Flow
Scale

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

During 2022, Moldova had a large net trade with Azerbaijan in the exports of Chemical Products ($1.61M), Foodstuffs ($1.06M), and Machines ($1.01M).

During 2017, Azerbaijan had a large net trade with Moldova in the exports of Chemical Products ($15.8M), Mineral Products ($1.23M), and Foodstuffs ($587k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Moldova Azerbaijan+$300kInsulated Wire
Top Product Potential Azerbaijan Moldova+$1.68MRefined Petroleum

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

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

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