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

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North Macedonia-Rwanda Trade: In 2023, North Macedonia exported $55.9k to Rwanda. The main products that North Macedonia exported to Rwanda were Electrical Transformers ($33.4k) and Wine ($22.5k). Over the past 6 years the exports of North Macedonia to Rwanda have increased at an annualized rate of 36.7%, from $8.57k in 2017 to $55.9k in 2023.

In 2023, North Macedonia did not export any services to Rwanda.

Rwanda-North Macedonia Trade: In 2023, Rwanda exported $27k to North Macedonia. The main products that Rwanda exported to North Macedonia were Non-Knit Women's Coats ($18.2k), Non-Knit Men's Coats ($4.72k), and Felt or Coated Fabric Garments ($3.5k). Over the past 6 years the exports of Rwanda to North Macedonia have increased at an annualized rate of 8.35%, from $18.1k in 2017 to $27k in 2023.

In 2023, Rwanda did not export any services to North Macedonia.

Comparison In 2023, North Macedonia ranked 104 in total exports ($10.1B). That same year, Rwanda ranked 154 in total exports ($1.35B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, North Macedonia exported $55.9k to Rwanda. The main products exported from North Macedonia to Rwanda were Electrical Transformers ($33.4k) and Wine ($22.5k). During the last 6 years the exports of North Macedonia to Rwanda have increased at an annualized rate of 36.7%, from $8.57k in 2017 to $55.9k in 2023.

In 2018, Rwanda exported $27k to North Macedonia. The main products exported from Rwanda to North Macedonia were Non-Knit Women's Coats ($18.2k), Non-Knit Men's Coats ($4.72k), and Felt or Coated Fabric Garments ($3.5k). During the last 5 years the exports of Rwanda to North Macedonia have increased at an annualized rate of 8.35%, from $18.1k in 2023 to $27k in 2018.

Exports from North Macedonia () to Rwanda () (2023)

Exports from Rwanda () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Rwanda ()

North Macedonia Exports

Date

Jun 2019

Mar 2019

Sep 2018

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$4B

Rwanda
Top DestinationUnited Arab Emirates$895M

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 2023, countries that imported more from North Macedonia than Rwanda included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

In 2023, countries that imported more from Rwanda than North Macedonia included United Arab Emirates ($895M), Kenya ($34.5M), and Thailand ($31.5M).

Difference in imports from Rwanda () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, North Macedonia had a large net trade with Rwanda in the exports of Machines ($33.4k) and Foodstuffs ($22.5k).

During 2018, Rwanda had a large net trade with North Macedonia in the exports of Textiles ($26.4k) and Vegetable Products ($558).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Rwanda () (2023)

Exports from Rwanda () to North Macedonia () (2023)

Latest Data

Trade between North Macedonia () and Rwanda ()

North Macedonia Exports

Rwanda Exports

Market Competitiveness

Difference in imports from Rwanda () and North Macedonia () (2023)

Comparative Advantage North Macedonia - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Rwanda () (2023)

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