Greece (GRC) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Greece-Rwanda Trade: In 2022, Greece exported $3.36M to Rwanda. The main products that Greece exported to Rwanda were Pesticides ($2.65M), Lifting Machinery ($188k), and Coated Flat-Rolled Iron ($141k). Over the past 5 years the exports of Greece to Rwanda have increased at an annualized rate of 34.6%, from $761k in 2017 to $3.36M in 2022.

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

Rwanda-Greece Trade: In 2022, Rwanda exported $1.08M to Greece. The main products that Rwanda exported to Greece were Refined Petroleum ($906k), Coffee ($158k), and Excavation Machinery ($8.67k). Over the past 5 years the exports of Rwanda to Greece have increased at an annualized rate of 87.2%, from $46.7k in 2017 to $1.08M in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $3.36M to Rwanda. The main products exported from Greece to Rwanda were Pesticides ($2.65M), Lifting Machinery ($188k), and Coated Flat-Rolled Iron ($141k). During the last 5 years the exports of Greece to Rwanda have increased at an annualized rate of 34.6%, from $761k in 2017 to $3.36M in 2022.

In 2017, Rwanda exported $1.08M to Greece. The main products exported from Rwanda to Greece were Refined Petroleum ($906k), Coffee ($158k), and Excavation Machinery ($8.67k). During the last 5 years the exports of Rwanda to Greece have increased at an annualized rate of 87.2%, from $46.7k in 2022 to $1.08M in 2017.

Exports from Greece () to Rwanda () (2022)

Exports from Rwanda () to Greece () (2022)

Latest Data

Trade between Greece () and Rwanda ()

Greece Exports

Date

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from Greece than Rwanda included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Difference in imports from Rwanda () and Greece () (2022)

Comparative Advantage Greece - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Rwanda in the exports of Chemical Products ($2.72M), Machines ($341k), and Metals ($144k).

During 2017, Rwanda had a large net trade with Greece in the exports of Mineral Products ($906k), Vegetable Products ($158k), and Machines ($9.77k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Rwanda+$67.7kOther Heating Machinery

Top Product Potential Rwanda Greece+$350kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Rwanda () (2022)

Exports from Rwanda () to Greece () (2022)

Latest Data

Trade between Greece () and Rwanda ()

Greece Exports

Rwanda Exports

Market Competitiveness

Difference in imports from Rwanda () and Greece () (2022)

Comparative Advantage Greece - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Rwanda () (2022)

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