2022
Flag  
GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Rwanda-Argentina Trade: In 2022, Rwanda exported $1.05k to Argentina. The main products that Rwanda exported to Argentina were Light Fixtures ($883) and Tea ($164). Over the past 5 years the exports of Rwanda to Argentina have decreased at an annualized rate of 40.6%, from $14.1k in 2017 to $1.05k in 2022.

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

Argentina-Rwanda Trade: In 2022, Argentina exported $19.2M to Rwanda. The main products that Argentina exported to Rwanda were Wheat ($18.3M), Cars ($666k), and Sowing Seeds ($239k). Over the past 5 years the exports of Argentina to Rwanda have increased at an annualized rate of 21.6%,  from $7.23M in 2017 to $19.2M in 2022.

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

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $1.05k to Argentina. The main products exported from Rwanda to Argentina were Light Fixtures ($883) and Tea ($164). During the last 5 years the exports of Rwanda to Argentina have decreased at an annualized rate of 40.6%, from $14.1k in 2017 to $1.05k in 2022.

In 2017, Argentina exported $19.2M to Rwanda. The main products exported from Argentina to Rwanda were Wheat ($18.3M), Cars ($666k), and Sowing Seeds ($239k). During the last 5 years the exports of Argentina to Rwanda have increased at an annualized rate of 21.6%, from $7.23M in 2022 to $19.2M in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Argentina (Flag)

Rwanda Exports

Date

Argentina Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$568M
Argentina
Top Destination
Brazil$12.6B

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

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

In 2022, countries that imported more from Argentina than Rwanda included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Rwanda - Argentina

Flow
Scale

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

During 2022, Rwanda had a large net trade with Argentina in the exports of Miscellaneous ($883) and Vegetable Products ($164).

During 2017, Argentina had a large net trade with Rwanda in the exports of Vegetable Products ($18.5M), Transportation ($678k), and Metals ($11.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Argentina+$2.65kCoffee
Top Product Potential Argentina Rwanda+$2.6kCorn

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

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

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