Rwanda (RWA) and South Korea (KOR) Trade | The Observatory of Economic Complexity

About

In N/A, Rwanda did not export any services to South Korea.

South Korea-Rwanda In N/A, South Korea exported $55.6M to Rwanda. The main products that South Korea exported to Rwanda were Cars ($8.04M), Integrated Circuits ($7.37M), and Telephones ($4.14M). During the last N/A years the exports of South Korea to Rwanda have increased at an annualized rate of 13.4%, from $1.84M in N/A to $55.6M in N/A.

In N/A, South Korea did not export any services to Rwanda.

Comparison In 2022, Rwanda ranked 147 in total exports ($1.77B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Rwanda does not register exports to South Korea. The main products exported from Rwanda to South Korea were Coffee ($2.12M), Computers ($122k), and Cut Flowers ($118k).

In 2022, South Korea exported $55.6M to Rwanda. The main products exported from South Korea to Rwanda were Cars ($8.04M), Integrated Circuits ($7.37M), and Telephones ($4.14M). During the last 27 years the exports of South Korea to Rwanda have increased at an annualized rate of 13.4%, from $1.84M in 1995 to $55.6M in 2022.

Exports from Rwanda () to South Korea () (2022)

Exports from South Korea () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and South Korea ()

Rwanda Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

South Korea
Top DestinationChina$150B

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

In 2021, countries that imported more from Rwanda than South Korea were Democratic Republic of the Congo ($450M), South Sudan ($22M), and Burundi ($5.9M).

In 2021, countries that imported more from South Korea than Rwanda were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Rwanda () (2022)

Comparative Advantage Rwanda - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, South Korea had a large net trade with Rwanda in the exports of Machines ($21.9M), Transportation ($9.06M), and Plastics and Rubbers ($8.07M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Rwanda has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Rwanda.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to South Korea () (2022)

Exports from South Korea () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and South Korea ()

Rwanda Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Rwanda () (2022)

Comparative Advantage Rwanda - South Korea

Economic Complexity

Competitive Landscape

Product Space of Rwanda () and South Korea () (2022)

Keep Exploring