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

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 49.6%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 49.6%, from $636k in 2022 to $20.8k in 2017.

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

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

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$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 () and North Macedonia () (2022)

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 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

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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 () (2022)

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

Latest Data

Trade between North Macedonia () and Rwanda ()

North Macedonia Exports

Rwanda Exports

Market Competitiveness

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

Comparative Advantage North Macedonia - Rwanda

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring