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Pricing

2022
Flag → Flag
Exports $2.01MRnk 140 / 209
2022
Flag → Flag
Top Product $1.19MRubberworking Machinery
2022
Flag → Flag
Exports $152kRnk 70 / 142
2022
Flag → Flag
Top Product $142kCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Norway-Rwanda Trade: In 2022, Norway exported $2.01M to Rwanda. The main products that Norway exported to Rwanda were Rubberworking Machinery ($1.19M), Mixed Mineral or Chemical Fertilizers ($483k), and Ferroalloys ($111k). Over the past 5 years the exports of Norway to Rwanda have increased at an annualized rate of 12.4%, from $1.12M in 2017 to $2.01M in 2022.

In 2022, Norway did not export any services to Rwanda.

Rwanda-Norway Trade: In 2022, Rwanda exported $152k to Norway. The main products that Rwanda exported to Norway were Coffee ($142k), Tea ($3.15k), and Legumes ($1.72k). Over the past 5 years the exports of Rwanda to Norway have increased at an annualized rate of 0.76%,  from $128k in 2017 to $152k in 2022.

In 2022, Rwanda did not export any services to Norway.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK280k and imported NOK38k from Rwanda, resulting in a positive trade balance of NOK242k. Between September 2023 and September 2024 the exports of Norway have increased by NOK117k (71.8%) from NOK163k to NOK280k, while imports increased by NOK10k (35.7%) from NOK28k to NOK38k.

Trade In September 2024, the top exports of Norway to Rwanda were Road vehicles (including air-cushion vehicles) (NOK548k), Fish (not marine mammals), crustaceans, molluscs... (NOK103k), Office machines and automatic data-processing machines (NOK10k), Telecommunications and sound-recording and reproducing apparatus... (NOK5k), and Live animals other than animals of... (NOK0). In September 2024 the top imports of Norway from Rwanda were Coffee, tea, cocoa, spices, and manufactures... (NOK125k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In September 2024, the increase in Norway's year-by-year exports to Rwanda was explained primarily by an increase in product exports in . In September 2024, the increase in Norway's year-by-year imports  from Rwanda was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)NOK117k(71.8%)
IMPORT GROWTH (September 2023 - September 2024)NOK10k(35.7%)

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 2022, Norway exported $2.01M to Rwanda. The main products exported from Norway to Rwanda were Rubberworking Machinery ($1.19M), Mixed Mineral or Chemical Fertilizers ($483k), and Ferroalloys ($111k). During the last 5 years the exports of Norway to Rwanda have increased at an annualized rate of 12.4%, from $1.12M in 2017 to $2.01M in 2022.

In 2017, Rwanda exported $152k to Norway. The main products exported from Rwanda to Norway were Coffee ($142k), Tea ($3.15k), and Legumes ($1.72k). During the last 5 years the exports of Rwanda to Norway have increased at an annualized rate of 0.76%, from $128k in 2022 to $152k in 2017.

Exports from Norway (Flag) to Rwanda (Flag) (2022)

Exports from Rwanda (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Rwanda
Top DestinationUnited Arab Emirates$568M

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 2022, countries that imported more from Norway than Rwanda included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Rwanda than Norway included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and Ethiopia ($55.2M).

Difference in imports from Rwanda (Flag) and Norway (Flag) (2022)

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 2022, Norway had a large net trade with Rwanda in the exports of Machines ($1.26M), Chemical Products ($484k), and Metals ($118k).

During 2017, Rwanda had a large net trade with Norway in the exports of Vegetable Products ($147k), Textiles ($1.69k), and Miscellaneous ($922).

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) (2022)

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