Rwanda (RWA) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Rwanda-North Macedonia Trade: In 2022, Rwanda exported $20.8k to North Macedonia. The main products that Rwanda exported to North Macedonia were N/A. Over the past 5 years the exports of Rwanda to North Macedonia have decreased at an annualized rate of 49.6%, from $636k in 2017 to $20.8k in 2022.

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

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 5 years the exports of North Macedonia to Rwanda have increased at an annualized rate of 158%, from $8.3k in 2017 to $956k in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $20.8k to North Macedonia. There were not main exports from Rwanda to North Macedonia in 2022. During the last 5 years the exports of Rwanda to North Macedonia have decreased at an annualized rate of 49.6%, from $636k in 2017 to $20.8k in 2022.

In 2017, 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 5 years the exports of North Macedonia to Rwanda have increased at an annualized rate of 158%, from $8.3k in 2022 to $956k in 2017.

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

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

Latest Data

Trade between Rwanda () and North Macedonia ()

Rwanda Exports

Date

North Macedonia Exports

Date

Jun 2019

Mar 2019

Sep 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

North Macedonia
Top DestinationGermany$3.96B

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

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).

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

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

Comparative Advantage Rwanda - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with North Macedonia in the exports of Textiles ($20.5k) and Vegetable Products ($277).

During 2017, North Macedonia had a large net trade with Rwanda in the exports of Machines ($858k), Foodstuffs ($68.3k), and Instruments ($21.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda North Macedonia+$12.1kNon-Knit Men's Coats

Top Product Potential North Macedonia Rwanda+$13.4kBaked Goods

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

Year

This visualization shows the product space at the HS4 level with the flags of Rwanda and North Macedonia. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Rwanda.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Rwanda () and North Macedonia ()

Rwanda Exports

North Macedonia Exports

Market Competitiveness

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

Comparative Advantage Rwanda - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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