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2022
Flag → Flag
Exports $956kRnk 74 / 155
2022
Flag → Flag
Top Product $856kBlank Audio Media
2022
Flag → Flag
Exports $20.8kRnk 99 / 142
2022
Flag → Flag
Top Product $19.5kNon-Knit Men's Coats
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

North Macedonia-Rwanda Trade: In 2022, North Macedonia exported $956k to Rwanda. The main products that North Macedonia exported to Rwanda were Blank Audio Media ($856k), Soups and Broths ($43.4k), and Medical Instruments ($21.7k). Over the past 6 years the exports of North Macedonia to Rwanda have increased at an annualized rate of 220%, from $887 in 2016 to $956k in 2022.

In 2022, North Macedonia did not export any services to Rwanda.

Rwanda-North Macedonia Trade: In 2022, Rwanda exported $20.8k to North Macedonia. The main products that Rwanda exported to North Macedonia were Non-Knit Men's Coats ($19.5k), Knit Men's Coats ($1.05k), and Coffee ($277). Over the past 6 years the exports of Rwanda to North Macedonia have decreased at an annualized rate of 26.7%,  from $636k in 2016 to $20.8k in 2022.

In 2022, Rwanda did not export any services to North Macedonia.

Comparison: In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Macedonia exported $956k to Rwanda. The main products exported from North Macedonia to Rwanda were Blank Audio Media ($856k), Soups and Broths ($43.4k), and Medical Instruments ($21.7k). During the last 6 years the exports of North Macedonia to Rwanda have increased at an annualized rate of 220%, from $887 in 2016 to $956k in 2022.

In 2017, Rwanda exported $20.8k to North Macedonia. The main products exported from Rwanda to North Macedonia were Non-Knit Men's Coats ($19.5k), Knit Men's Coats ($1.05k), and Coffee ($277). During the last 5 years the exports of Rwanda to North Macedonia have decreased at an annualized rate of 26.7%, from $636k in 2022 to $20.8k in 2017.

Exports from North Macedonia (Flag) to Rwanda (Flag) (2022)

Exports from Rwanda (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Rwanda (Flag)

North Macedonia Exports

Date

Rwanda Exports

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from North Macedonia than Rwanda included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from Rwanda than North Macedonia included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

Difference in imports from Rwanda (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Rwanda

Flow
Scale

This chart compares trade between North Macedonia and Rwanda by product, considering products traded by both, North Macedonia and Rwanda.

During 2022, North Macedonia had a large net trade with Rwanda in the exports of Machines ($858k), Foodstuffs ($68.3k), and Instruments ($21.7k).

During 2017, Rwanda had a large net trade with North Macedonia in the exports of Textiles ($20.5k) and Vegetable Products ($277).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Rwanda+$13.4kBaked Goods
Top Product Potential Rwanda North Macedonia+$12.1kNon-Knit Men's Coats

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

Product Space of North Macedonia (Flag) and Rwanda (Flag) (2022)

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