2022
Flag  
GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 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
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Rwanda-Bolivia Trade: In 2022, Rwanda exported $11.1k to Bolivia. The main products that Rwanda exported to Bolivia were Other Furniture ($3.75k), Non-Knit Women's Coats ($1.48k), and Plastic Housewares ($1.12k). Over the past 7 years the exports of Rwanda to Bolivia have increased at an annualized rate of 81.5%, from $171 in 2015 to $11.1k in 2022.

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

Bolivia-Rwanda In N/A, Bolivia did not export any products to Rwanda.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $11.1k to Bolivia. The main products exported from Rwanda to Bolivia were Other Furniture ($3.75k), Non-Knit Women's Coats ($1.48k), and Plastic Housewares ($1.12k). During the last 7 years the exports of Rwanda to Bolivia have increased at an annualized rate of 81.5%, from $171 in 2015 to $11.1k in 2022.

Bolivia does not register exports to Rwanda. The main products exported from Bolivia to Rwanda were Coconuts, Brazil Nuts, and Cashews ($16).

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

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

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$568M
Bolivia
Top Destination
India$2.27B

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

In 2022, countries that imported more from Rwanda than Bolivia included Democratic Republic of the Congo ($450M), Thailand ($83.9M), and Ethiopia ($55.2M).

In 2022, countries that imported more from Bolivia than Rwanda included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Rwanda - Bolivia

Flow
Scale

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

During 2022, Rwanda had a large net trade with Bolivia in the exports of Miscellaneous ($4.87k), Textiles ($3.67k), and Plastics and Rubbers ($1.12k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Bolivia+$3.29kNon-Knit Women's Coats
Top Product Potential Bolivia Rwanda+$1.94kGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with