2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186

About

Norway-Burundi Trade: In 2022, Norway exported $794k to Burundi. The main products that Norway exported to Burundi were Other Agricultural Machinery ($313k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($98.6k), and Plastic Pipes ($90.7k). Over the past 5 years the exports of Norway to Burundi have increased at an annualized rate of 31%, from $205k in 2017 to $794k in 2022.

In 2022, Norway did not export any services to Burundi.

Burundi-Norway Trade: In 2022, Burundi exported $198k to Norway. The main products that Burundi exported to Norway were Coffee ($195k), Fake Hair ($1.02k), and Light Fixtures ($694). Over the past 5 years the exports of Burundi to Norway have increased at an annualized rate of 11.9%,  from $80.6k in 2017 to $198k in 2022.

In 2022, Burundi did not export any services to Norway.

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $794k to Burundi. The main products exported from Norway to Burundi were Other Agricultural Machinery ($313k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($98.6k), and Plastic Pipes ($90.7k). During the last 5 years the exports of Norway to Burundi have increased at an annualized rate of 31%, from $205k in 2017 to $794k in 2022.

In 2017, Burundi exported $198k to Norway. The main products exported from Burundi to Norway were Coffee ($195k), Fake Hair ($1.02k), and Light Fixtures ($694). During the last 5 years the exports of Burundi to Norway have increased at an annualized rate of 11.9%, from $80.6k in 2022 to $198k in 2017.

Exports from Norway (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Burundi
Top Destination
United Arab Emirates$59.9M

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

In 2022, countries that imported more from Norway than Burundi included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Burundi than Norway included Sudan ($9.21M), Democratic Republic of the Congo ($25.7M), and Uganda ($2.86M).

Difference in imports from Burundi (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Burundi

Flow
Scale

This chart compares trade between Norway and Burundi by product, considering products traded by both, Norway and Burundi.

During 2022, Norway had a large net trade with Burundi in the exports of Machines ($355k), Textiles ($153k), and Transportation ($108k).

During 2017, Burundi had a large net trade with Norway in the exports of Vegetable Products ($195k), Footwear and Headwear ($1.58k), and Miscellaneous ($694).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Burundi+$25.5kCars
Top Product Potential Burundi Norway+$298kCoffee

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

Product Space of Norway (Flag) and Burundi (Flag) (2022)

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