2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
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 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
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GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
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GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

Ireland-Rwanda Trade: In 2023, Ireland exported $8.7M to Rwanda. The main products that Ireland exported to Rwanda were Prefabricated Buildings ($5.65M), Other Electrical Machinery ($2.13M), and Special Pharmaceuticals ($393k). Over the past 5 years the exports of Ireland to Rwanda have increased at an annualized rate of 27%, from $2.63M in 2018 to $8.7M in 2023.

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

Rwanda-Ireland Trade: In 2023, Rwanda exported $343k to Ireland. The main products that Rwanda exported to Ireland were Coffee ($144k), Tea ($80.8k), and Knit Men's Coats ($52k). Over the past 5 years the exports of Rwanda to Ireland have decreased at an annualized rate of 40.7%,  from $4.69M in 2018 to $343k in 2023.

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

Comparison In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). That same year, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $8.7M to Rwanda. The main products exported from Ireland to Rwanda were Prefabricated Buildings ($5.65M), Other Electrical Machinery ($2.13M), and Special Pharmaceuticals ($393k). During the last 5 years the exports of Ireland to Rwanda have increased at an annualized rate of 27%, from $2.63M in 2018 to $8.7M in 2023.

In 2018, Rwanda exported $343k to Ireland. The main products exported from Rwanda to Ireland were Coffee ($144k), Tea ($80.8k), and Knit Men's Coats ($52k). During the last 5 years the exports of Rwanda to Ireland have decreased at an annualized rate of 40.7%, from $4.69M in 2023 to $343k in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Rwanda
Top Destination
United Arab Emirates$895M

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

In 2023, countries that imported more from Ireland than Rwanda included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, no countries were registered that imported more from Rwanda than from Ireland.

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

Comparative Advantage Ireland - Rwanda

Flow
Scale

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

During 2023, Ireland had a large net trade with Rwanda in the exports of Miscellaneous ($5.67M), Machines ($2.27M), and Chemical Products ($601k).

During 2018, Rwanda had a large net trade with Ireland in the exports of Vegetable Products ($225k), Textiles ($111k), and Instruments ($4.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Rwanda+$245kMedical Instruments
Top Product Potential Rwanda Ireland+$150kTea

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

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

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