2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$1,010CURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Rwanda-Guinea Trade: In 2022, Rwanda exported $1.48k to Guinea. The main products that Rwanda exported to Guinea were N/A. Over the past 5 years the exports of Rwanda to Guinea have decreased at an annualized rate of 54.9%, from $79.5k in 2017 to $1.48k in 2022.

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

Guinea-Rwanda Trade: In 2022, Guinea exported $3.94k to Rwanda. The main products that Guinea exported to Rwanda were N/A. Over the past 5 years the exports of Guinea to Rwanda have increased at an annualized rate of 42.9%,  from $660 in 2017 to $3.94k in 2022.

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

Comparison In 2023,  Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index. That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $1.48k to Guinea. There were not main exports from Rwanda to Guinea in 2022. During the last 5 years the exports of Rwanda to Guinea have decreased at an annualized rate of 54.9%, from $79.5k in 2017 to $1.48k in 2022.

In 2017, Guinea exported $3.94k to Rwanda. There were not main exports from Guinea to Rwanda in 2017. During the last 5 years the exports of Guinea to Rwanda have increased at an annualized rate of 42.9%, from $660 in 2022 to $3.94k in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Guinea (Flag)

Rwanda Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Rwanda than Guinea included Kenya ($34.5M), Thailand ($31.5M), and United Kingdom ($30.7M).

In 2023, countries that imported more from Guinea than Rwanda included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea (Flag) and Rwanda (Flag) (2023)

Comparative Advantage Rwanda - Guinea

Flow
Scale

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

During 2022, Rwanda had a large net trade with Guinea in the exports of .

During 2017, Guinea had a large net trade with Rwanda in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Guinea+$1.62kMalt Extract
Top Product Potential Guinea Rwanda+$2.5kGold

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

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

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