2022
Flag  
GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Rwanda-Singapore Trade: In 2022, Rwanda exported $33.1M to Singapore. The main products that Rwanda exported to Singapore were Tin Ores ($17.9M), Tungsten Ore ($8.18M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($5.64M). Over the past 5 years the exports of Rwanda to Singapore have increased at an annualized rate of 4.2%, from $27M in 2017 to $33.1M in 2022.

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

Singapore-Rwanda Trade: In 2022, Singapore exported $30.7M to Rwanda. The main products that Singapore exported to Rwanda were Refined Petroleum ($22.4M), Other Heating Machinery ($2.23M), and Palm Oil ($1.05M). Over the past 5 years the exports of Singapore to Rwanda have increased at an annualized rate of 25.6%,  from $9.84M in 2017 to $30.7M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $33.1M to Singapore. The main products exported from Rwanda to Singapore were Tin Ores ($17.9M), Tungsten Ore ($8.18M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($5.64M). During the last 5 years the exports of Rwanda to Singapore have increased at an annualized rate of 4.2%, from $27M in 2017 to $33.1M in 2022.

In 2017, Singapore exported $30.7M to Rwanda. The main products exported from Singapore to Rwanda were Refined Petroleum ($22.4M), Other Heating Machinery ($2.23M), and Palm Oil ($1.05M). During the last 5 years the exports of Singapore to Rwanda have increased at an annualized rate of 25.6%, from $9.84M in 2022 to $30.7M in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Singapore (Flag)

Rwanda Exports

Singapore Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$568M
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Rwanda than Singapore included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and South Sudan ($22M).

In 2022, countries that imported more from Singapore than Rwanda included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Rwanda - Singapore

Flow
Scale

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

During 2022, Rwanda had a large net trade with Singapore in the exports of Mineral Products ($31.8M), Machines ($1.12M), and Vegetable Products ($118k).

During 2017, Singapore had a large net trade with Rwanda in the exports of Mineral Products ($22.7M), Machines ($3.83M), and Animal and Vegetable Bi-Products ($1.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Singapore+$875kMachines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays
Top Product Potential Singapore Rwanda+$284kComputers

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

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

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