2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Rwanda-Oman Trade: In 2023, Rwanda exported $1.27k to Oman. The main products that Rwanda exported to Oman were Coffee ($1.27k). Over the past 5 years the exports of Rwanda to Oman have decreased at an annualized rate of 68.6%, from $417k in 2018 to $1.27k in 2023.

In 2023, Rwanda did not export any services to Oman.

Oman-Rwanda Trade: In 2023, Oman exported $230k to Rwanda. The main products that Oman exported to Rwanda were Glass Bottles ($230k). Over the past 5 years the exports of Oman to Rwanda have decreased at an annualized rate of 61.1%,  from $25.7M in 2018 to $230k in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $1.27k to Oman. The main products exported from Rwanda to Oman were Coffee ($1.27k). During the last 5 years the exports of Rwanda to Oman have decreased at an annualized rate of 68.6%, from $417k in 2018 to $1.27k in 2023.

In 2018, Oman exported $230k to Rwanda. The main products exported from Oman to Rwanda were Glass Bottles ($230k). During the last 5 years the exports of Oman to Rwanda have decreased at an annualized rate of 61.1%, from $25.7M in 2023 to $230k in 2018.

Exports from Rwanda (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to Rwanda (Flag) (2023)

Latest Data

Trade between Rwanda (Flag) and Oman (Flag)

Rwanda Exports

Oman Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Rwanda than Oman included Sweden ($10.6M), Niger ($263k), and Iceland ($122k).

In 2023, countries that imported more from Oman than Rwanda included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Rwanda - Oman

Flow
Scale

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

During 2023, Rwanda had a large net trade with Oman in the exports of Vegetable Products ($1.27k).

During 2018, Oman had a large net trade with Rwanda in the exports of Stone And Glass ($230k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Oman+$3.91kGold
Top Product Potential Oman Rwanda+$105kNon-fillet Frozen Fish

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

Product Space of Rwanda (Flag) and Oman (Flag) (2023)

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