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2023
Flag → Flag
Exports $516kRnk 166 / 205
2023
Flag → Flag
Top Product $221kRubberworking Machinery
2023
Flag → Flag
Exports $352kRnk 41 / 110
2023
Flag → Flag
Top Product $340kCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Norway-Rwanda Trade: In 2023, Norway exported $516k to Rwanda. The main products that Norway exported to Rwanda were Rubberworking Machinery ($221k), Fish Fillets ($81.5k), and Special purpose motor vehicles ($51.7k). Over the past 5 years the exports of Norway to Rwanda have decreased at an annualized rate of 45.9%, from $11.1M in 2018 to $516k in 2023.

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

Rwanda-Norway Trade: In 2023, Rwanda exported $352k to Norway. The main products that Rwanda exported to Norway were Coffee ($340k), Plastic Pipes ($4.83k), and Tea ($2.24k). Over the past 5 years the exports of Rwanda to Norway have decreased at an annualized rate of 4.83%,  from $451k in 2018 to $352k in 2023.

In 2023, Rwanda 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, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK82k and imported NOK556k from Rwanda, resulting in a negative trade balance of NOK474k. Between December 2023 and December 2024 the exports of Norway have decreased by NOK-507k (-86.1%) from NOK589k to NOK82k, while imports decreased by NOK-569k (-50.6%) from NOK1.13M to NOK556k.

Trade In December 2024, the top exports of Norway to Rwanda were Fish (not marine mammals), crustaceans, molluscs... (NOK156k), Telecommunications and sound-recording and reproducing apparatus... (NOK7k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In December 2024 the top imports of Norway from Rwanda were Coffee, tea, cocoa, spices, and manufactures... (NOK37k), Vegetables and fruit (NOK7k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0).

Growth In December 2024, the decrease in Norway's year-by-year exports to Rwanda was explained primarily by an decrease in product exports in Road vehicles (including air-cushion vehicles) (NOK-548k or -100%) and Office machines and automatic data-processing machines (NOK-10k or -100%). In December 2024, the decrease in Norway's year-by-year imports  from Rwanda was explained primarily by an decrease in product imports  in Coffee, tea, cocoa, spices, and manufactures... (NOK-88k or -70.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK-507k(-86.1%)
IMPORT GROWTH (December 2023 - December 2024)NOK-569k(-50.6%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Rwanda and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $516k to Rwanda. The main products exported from Norway to Rwanda were Rubberworking Machinery ($221k), Fish Fillets ($81.5k), and Special purpose motor vehicles ($51.7k). During the last 5 years the exports of Norway to Rwanda have decreased at an annualized rate of 45.9%, from $11.1M in 2018 to $516k in 2023.

In 2018, Rwanda exported $352k to Norway. The main products exported from Rwanda to Norway were Coffee ($340k), Plastic Pipes ($4.83k), and Tea ($2.24k). During the last 5 years the exports of Rwanda to Norway have decreased at an annualized rate of 4.83%, from $451k in 2023 to $352k in 2018.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Rwanda
Top DestinationUnited Arab Emirates$895M

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

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

In 2023, countries that imported more from Rwanda than Norway included United Arab Emirates ($895M), Kenya ($34.5M), and Uganda ($11M).

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

Comparative Advantage Norway - Rwanda

Flow
Scale

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

During 2023, Norway had a large net trade with Rwanda in the exports of Machines ($238k), Animal Products ($124k), and Transportation ($116k).

During 2018, Rwanda had a large net trade with Norway in the exports of Vegetable Products ($347k), Plastics and Rubbers ($4.83k), and Wood Products ($356).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Rwanda+$83.5kFish Fillets
Top Product Potential Rwanda Norway+$511kCoffee

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

Product Space of Norway (Flag) and Rwanda (Flag) (2023)

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