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Pricing

2022
Flag → Flag
Exports $584Rnk 132 / 142
2022
Flag → Flag
Top Product $584Packaged Medicaments
2022
Flag → Flag
Exports $16.7kRnk 108 / 149
2022
Flag → Flag
Top Product $16.3kVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Rwanda-Nepal Trade: In 2022, Rwanda exported $584 to Nepal. The main products that Rwanda exported to Nepal were Packaged Medicaments ($584). Over the past 6 years the exports of Rwanda to Nepal have decreased at an annualized rate of 56.4%, from $85k in 2016 to $584 in 2022.

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

Nepal-Rwanda Trade: In 2022, Nepal exported $16.7k to Rwanda. The main products that Nepal exported to Rwanda were Vaccines, blood, antisera, toxins and cultures ($16.3k), Trunks and Cases ($127), and Textile Scraps ($105). Over the past 6 years the exports of Nepal to Rwanda have increased at an annualized rate of 18.6%,  from $7.12k in 2016 to $16.7k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $584 to Nepal. The main products exported from Rwanda to Nepal were Packaged Medicaments ($584). During the last 6 years the exports of Rwanda to Nepal have decreased at an annualized rate of 56.4%, from $85k in 2016 to $584 in 2022.

In 2017, Nepal exported $16.7k to Rwanda. The main products exported from Nepal to Rwanda were Vaccines, blood, antisera, toxins and cultures ($16.3k), Trunks and Cases ($127), and Textile Scraps ($105). During the last 5 years the exports of Nepal to Rwanda have increased at an annualized rate of 18.6%, from $7.12k in 2022 to $16.7k in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Nepal (Flag)

Rwanda Exports

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Nepal
Top DestinationIndia$956M

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

In 2022, countries that imported more from Rwanda than Nepal included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

In 2022, countries that imported more from Nepal than Rwanda included India ($956M), United States ($152M), and Germany ($43M).

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

Comparative Advantage Rwanda - Nepal

Flow
Scale

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

During 2022, Rwanda had a large net trade with Nepal in the exports of Chemical Products ($584).

During 2017, Nepal had a large net trade with Rwanda in the exports of Chemical Products ($16.5k), Animal Hides ($127), and Textiles ($108).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Nepal+$3.48kGold
Top Product Potential Nepal Rwanda+$1.83kPalm Oil

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

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

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