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Pricing

2022
Flag → Flag
Exports $2.64MRnk 91 / 166
2022
Flag → Flag
Top Product $2.01MPetroleum Gas
2022
Flag → Flag
Exports $958kRnk 49 / 142
2022
Flag → Flag
Top Product $426kProcessed Cereals
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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 $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Nigeria-Rwanda Trade: In 2022, Nigeria exported $2.64M to Rwanda. The main products that Nigeria exported to Rwanda were Petroleum Gas ($2.01M), Beauty Products ($185k), and Packaged Medicaments ($120k). Over the past 5 years the exports of Nigeria to Rwanda have increased at an annualized rate of 19.3%, from $1.09M in 2017 to $2.64M in 2022.

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

Rwanda-Nigeria Trade: In 2022, Rwanda exported $958k to Nigeria. The main products that Rwanda exported to Nigeria were Processed Cereals ($426k), Tea ($87k), and Tanned Equine and Bovine Hides ($61.9k). Over the past 5 years the exports of Rwanda to Nigeria have increased at an annualized rate of 46.1%,  from $144k in 2017 to $958k in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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
Value

In 2022, Nigeria exported $2.64M to Rwanda. The main products exported from Nigeria to Rwanda were Petroleum Gas ($2.01M), Beauty Products ($185k), and Packaged Medicaments ($120k). During the last 5 years the exports of Nigeria to Rwanda have increased at an annualized rate of 19.3%, from $1.09M in 2017 to $2.64M in 2022.

In 2017, Rwanda exported $958k to Nigeria. The main products exported from Rwanda to Nigeria were Processed Cereals ($426k), Tea ($87k), and Tanned Equine and Bovine Hides ($61.9k). During the last 5 years the exports of Rwanda to Nigeria have increased at an annualized rate of 46.1%, from $144k in 2022 to $958k in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Rwanda (Flag)

Rwanda Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from Nigeria than Rwanda included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

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

Comparative Advantage Nigeria - Rwanda

Flow
Scale

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

During 2022, Nigeria had a large net trade with Rwanda in the exports of Mineral Products ($2.01M), Chemical Products ($332k), and Footwear and Headwear ($80.4k).

During 2017, Rwanda had a large net trade with Nigeria in the exports of Vegetable Products ($683k), Machines ($96.2k), and Animal Hides ($69.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Rwanda+$12.4kBeauty Products
Top Product Potential Rwanda Nigeria+$47kVaccines, blood, antisera, toxins and cultures

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

Product Space of Nigeria (Flag) and Rwanda (Flag) (2022)

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