2023
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GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH
-7.74%CURRENT US$
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2023
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 GDP
$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
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GDP GROWTH
7.77%CURRENT US$
Rnk 162 / 195
2023
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GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
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GDP PC
$193CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.8%CURRENT US$
Rnk 177 / 195

About

Norway-Burundi Trade: In 2023, Norway exported $45.2k to Burundi. The main products that Norway exported to Burundi were Delivery Trucks ($12.9k), Broadcasting Equipment ($11.3k), and Computers ($6.64k). Over the past 5 years the exports of Norway to Burundi have decreased at an annualized rate of 18.8%, from $128k in 2018 to $45.2k in 2023.

In 2023, Norway did not export any services to Burundi.

Burundi-Norway Trade: In 2023, Burundi exported $136k to Norway. The main products that Burundi exported to Norway were Coffee ($98.7k), Other Furniture ($20.3k), and Knitted Hats ($6.4k). Over the past 5 years the exports of Burundi to Norway have increased at an annualized rate of 1.04%,  from $116k in 2018 to $136k in 2023.

In 2023, Burundi did not export any services to Norway.

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $45.2k to Burundi. The main products exported from Norway to Burundi were Delivery Trucks ($12.9k), Broadcasting Equipment ($11.3k), and Computers ($6.64k). During the last 5 years the exports of Norway to Burundi have decreased at an annualized rate of 18.8%, from $128k in 2018 to $45.2k in 2023.

In 2018, Burundi exported $136k to Norway. The main products exported from Burundi to Norway were Coffee ($98.7k), Other Furniture ($20.3k), and Knitted Hats ($6.4k). During the last 5 years the exports of Burundi to Norway have increased at an annualized rate of 1.04%, from $116k in 2023 to $136k in 2018.

Exports from Norway (Flag) to Burundi (Flag) (2023)

Exports from Burundi (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Burundi
Top Destination
United Arab Emirates$117M

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 2023, countries that imported more from Norway than Burundi included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Burundi than Norway included Uganda ($16.4M).

Difference in imports from Burundi (Flag) and Norway (Flag) (2023)

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 2023, Norway had a large net trade with Burundi in the exports of Machines ($27.9k), Transportation ($13.3k), and Miscellaneous ($1.82k).

During 2018, Burundi had a large net trade with Norway in the exports of Vegetable Products ($99.4k), Miscellaneous ($20.3k), and Textiles ($7.79k).

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) (2023)

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