Mexico (MEX) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Mexico-Rwanda Trade: In 2022, Mexico exported $2.46M to Rwanda. The main products that Mexico exported to Rwanda were Other Oily Seeds ($376k), Telephones ($318k), and Malt Extract ($297k). Over the past 5 years the exports of Mexico to Rwanda have increased at an annualized rate of 47.8%, from $348k in 2017 to $2.46M in 2022.

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

Rwanda-Mexico Trade: In 2022, Rwanda exported $326k to Mexico. The main products that Rwanda exported to Mexico were N/A. Over the past 5 years the exports of Rwanda to Mexico have increased at an annualized rate of 98%, from $10.7k in 2017 to $326k in 2022.

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

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $2.46M to Rwanda. The main products exported from Mexico to Rwanda were Other Oily Seeds ($376k), Telephones ($318k), and Malt Extract ($297k). During the last 5 years the exports of Mexico to Rwanda have increased at an annualized rate of 47.8%, from $348k in 2017 to $2.46M in 2022.

In 2014, Rwanda exported $326k to Mexico. There were not main exports from Rwanda to Mexico in 2014. During the last 5 years the exports of Rwanda to Mexico have increased at an annualized rate of 98%, from $10.7k in 2019 to $326k in 2014.

Exports from Mexico () to Rwanda () (2022)

Exports from Rwanda () to Mexico () (2022)

Latest Data

Trade between Mexico () and Rwanda ()

Mexico Exports

Date

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from Mexico than Rwanda included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Rwanda than Mexico included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and Uganda ($22.8M).

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

Comparative Advantage Mexico - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Rwanda in the exports of Machines ($1.08M), Foodstuffs ($547k), and Vegetable Products ($435k).

During 2014, Rwanda had a large net trade with Mexico in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Rwanda+$3.84kTelephones

Top Product Potential Rwanda Mexico+$3.48kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Rwanda () (2022)

Exports from Rwanda () to Mexico () (2022)

Latest Data

Trade between Mexico () and Rwanda ()

Mexico Exports

Rwanda Exports

Market Competitiveness

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

Comparative Advantage Mexico - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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