2022
Flag  
GDP
$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
Rnk 16 / 186
2022
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GDP PC
$966CURRENT US$
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2012-2022
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GDP PC GROWTH
36.8%CURRENT US$
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About

Romania-Rwanda Trade: In 2022, Romania exported $317k to Rwanda. The main products that Romania exported to Rwanda were Cars ($80.4k), Vacuum Cleaners ($44.2k), and Interchangeable Tool Parts ($31k). Over the past 5 years the exports of Romania to Rwanda have decreased at an annualized rate of 12.8%, from $627k in 2017 to $317k in 2022.

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

Rwanda-Romania Trade: In 2022, Rwanda exported $42.4k to Romania. The main products that Rwanda exported to Romania were Packing Bags ($9.63k), Other Plastic Sheetings ($9.2k), and Iron Housewares ($7.46k). Over the past 5 years the exports of Rwanda to Romania have decreased at an annualized rate of 27.8%,  from $216k in 2017 to $42.4k in 2022.

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

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $317k to Rwanda. The main products exported from Romania to Rwanda were Cars ($80.4k), Vacuum Cleaners ($44.2k), and Interchangeable Tool Parts ($31k). During the last 5 years the exports of Romania to Rwanda have decreased at an annualized rate of 12.8%, from $627k in 2017 to $317k in 2022.

In 2017, Rwanda exported $42.4k to Romania. The main products exported from Rwanda to Romania were Packing Bags ($9.63k), Other Plastic Sheetings ($9.2k), and Iron Housewares ($7.46k). During the last 5 years the exports of Rwanda to Romania have decreased at an annualized rate of 27.8%, from $216k in 2022 to $42.4k in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Rwanda (Flag)

Romania Exports

Rwanda Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Rwanda
Top Destination
United Arab Emirates$568M

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

In 2022, countries that imported more from Romania than Rwanda included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Rwanda than Romania included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and South Sudan ($22M).

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

Comparative Advantage Romania - Rwanda

Flow
Scale

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

During 2022, Romania had a large net trade with Rwanda in the exports of Machines ($130k), Transportation ($83.1k), and Metals ($37.3k).

During 2017, Rwanda had a large net trade with Romania in the exports of Miscellaneous ($11.1k), Textiles ($9.63k), and Plastics and Rubbers ($9.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Rwanda+$188kCars
Top Product Potential Rwanda Romania+$16.6kTrunks and Cases

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

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

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