Rwanda (RWA) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Rwanda-Belgium Trade: In 2022, Rwanda exported $16.6M to Belgium. The main products that Rwanda exported to Belgium were Coffee ($3.45M), Spark-Ignition Engines ($2.39M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($1.65M). Over the past 5 years the exports of Rwanda to Belgium have decreased at an annualized rate of 16%, from $39.9M in 2017 to $16.6M in 2022.

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

Belgium-Rwanda Trade: In 2022, Belgium exported $69.9M to Rwanda. The main products that Belgium exported to Rwanda were Malt ($6.84M), Concentrated Milk ($6.11M), and Packaged Medicaments ($5.89M). Over the past 5 years the exports of Belgium to Rwanda have increased at an annualized rate of 3.11%, from $60M in 2017 to $69.9M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $16.6M to Belgium. The main products exported from Rwanda to Belgium were Coffee ($3.45M), Spark-Ignition Engines ($2.39M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($1.65M). During the last 5 years the exports of Rwanda to Belgium have decreased at an annualized rate of 16%, from $39.9M in 2017 to $16.6M in 2022.

In 2017, Belgium exported $69.9M to Rwanda. The main products exported from Belgium to Rwanda were Malt ($6.84M), Concentrated Milk ($6.11M), and Packaged Medicaments ($5.89M). During the last 5 years the exports of Belgium to Rwanda have increased at an annualized rate of 3.11%, from $60M in 2022 to $69.9M in 2017.

Exports from Rwanda () to Belgium () (2022)

Exports from Belgium () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Belgium ()

Rwanda Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Rwanda than Belgium included South Sudan ($22M) and North Korea ($436k).

In 2022, countries that imported more from Belgium than Rwanda included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Rwanda - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Belgium in the exports of Mineral Products ($4.93M), Vegetable Products ($3.86M), and Textiles ($3.71M).

During 2017, Belgium had a large net trade with Rwanda in the exports of Chemical Products ($19.6M), Machines ($12.6M), and Vegetable Products ($7.54M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Belgium+$2.8MCoffee

Top Product Potential Belgium Rwanda+$3.99MVaccines, 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

Year

This visualization shows the product space at the HS4 level with the flags of Rwanda and Belgium. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Rwanda.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Belgium () (2022)

Exports from Belgium () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Belgium ()

Rwanda Exports

Belgium Exports

Market Competitiveness

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

Comparative Advantage Rwanda - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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