Rwanda (RWA) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Rwanda-Colombia Trade: In 2022, Rwanda exported $16.1k to Colombia. The main products that Rwanda exported to Colombia were Other Furniture ($7.02k), Brochures ($1.61k), and Plastic Housewares ($1.45k). Over the past 5 years the exports of Rwanda to Colombia have increased at an annualized rate of 3.93%, from $13.3k in 2017 to $16.1k in 2022.

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

Colombia-Rwanda Trade: In 2022, Colombia exported $299k to Rwanda. The main products that Colombia exported to Rwanda were Mill Machinery ($142k), Industrial Food Preperation Machinery ($127k), and Motor vehicles; parts and accessories (8701 to 8705) ($18.2k). Over the past 5 years the exports of Colombia to Rwanda have decreased at an annualized rate of 6.33%, from $415k in 2017 to $299k in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $16.1k to Colombia. The main products exported from Rwanda to Colombia were Other Furniture ($7.02k), Brochures ($1.61k), and Plastic Housewares ($1.45k). During the last 5 years the exports of Rwanda to Colombia have increased at an annualized rate of 3.93%, from $13.3k in 2017 to $16.1k in 2022.

In 2017, Colombia exported $299k to Rwanda. The main products exported from Colombia to Rwanda were Mill Machinery ($142k), Industrial Food Preperation Machinery ($127k), and Motor vehicles; parts and accessories (8701 to 8705) ($18.2k). During the last 5 years the exports of Colombia to Rwanda have decreased at an annualized rate of 6.33%, from $415k in 2022 to $299k in 2017.

Exports from Rwanda () to Colombia () (2022)

Exports from Colombia () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Colombia ()

Rwanda Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Colombia
Top DestinationUnited States$15.6B

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

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

In 2022, countries that imported more from Colombia than Rwanda included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Rwanda - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Colombia in the exports of Miscellaneous ($7.5k), Machines ($1.99k), and Paper Goods ($1.61k).

During 2017, Colombia had a large net trade with Rwanda in the exports of Machines ($275k), Transportation ($18.2k), and Instruments ($2.39k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Colombia+$3.03kCoffee

Top Product Potential Colombia Rwanda+$2.17kCoal Briquettes

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

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Colombia () (2022)

Exports from Colombia () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Colombia ()

Rwanda Exports

Colombia Exports

Market Competitiveness

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

Comparative Advantage Rwanda - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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