2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 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
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Rwanda-Portugal Trade: In 2023, Rwanda exported $171k to Portugal. The main products that Rwanda exported to Portugal were Coffee ($144k), Milling Stones ($17.2k), and Excavation Machinery ($6.87k). Over the past 5 years the exports of Rwanda to Portugal have increased at an annualized rate of 330%, from $116 in 2018 to $171k in 2023.

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

Portugal-Rwanda Trade: In 2023, Portugal exported $23.3M to Rwanda. The main products that Portugal exported to Rwanda were Iron Structures ($3.53M), Wood Carpentry ($2.9M), and Lifting Machinery ($1.89M). Over the past 5 years the exports of Portugal to Rwanda have increased at an annualized rate of 14.1%,  from $12M in 2018 to $23.3M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $171k to Portugal. The main products exported from Rwanda to Portugal were Coffee ($144k), Milling Stones ($17.2k), and Excavation Machinery ($6.87k). During the last 5 years the exports of Rwanda to Portugal have increased at an annualized rate of 330%, from $116 in 2018 to $171k in 2023.

In 2018, Portugal exported $23.3M to Rwanda. The main products exported from Portugal to Rwanda were Iron Structures ($3.53M), Wood Carpentry ($2.9M), and Lifting Machinery ($1.89M). During the last 5 years the exports of Portugal to Rwanda have increased at an annualized rate of 14.1%, from $12M in 2023 to $23.3M in 2018.

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

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

Latest Data

Trade between Rwanda (Flag) and Portugal (Flag)

Rwanda Exports

Portugal Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from Rwanda than Portugal included United Arab Emirates ($895M), Kenya ($34.5M), and Uganda ($11M).

In 2023, countries that imported more from Portugal than Rwanda included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Rwanda - Portugal

Flow
Scale

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

During 2023, Rwanda had a large net trade with Portugal in the exports of Vegetable Products ($144k), Stone And Glass ($17.2k), and Machines ($7.31k).

During 2018, Portugal had a large net trade with Rwanda in the exports of Machines ($9.13M), Metals ($6.29M), and Wood Products ($3.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Portugal+$7.65kCoffee
Top Product Potential Portugal Rwanda+$647kPackaged Medicaments

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

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

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