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Pricing

2022
Flag → Flag
Exports $4.64kRnk 117 / 142
2022
Flag → Flag
Top Product $4.64kKnit T-shirts
2022
Flag → Flag
Exports $24.4kRnk 114 / 149
2022
Flag → Flag
Top Product $24.4kHard Liquor
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$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Rwanda-Trinidad and Tobago Trade: In 2022, Rwanda exported $4.64k to Trinidad and Tobago. The main products that Rwanda exported to Trinidad and Tobago were Knit T-shirts ($4.64k). Over the past 23 years the exports of Rwanda to Trinidad and Tobago have decreased at an annualized rate of 1.55%, from $6.65k in 1999 to $4.64k in 2022.

In 2022, Rwanda did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Rwanda Trade: In 2022, Trinidad and Tobago exported $24.4k to Rwanda. The main products that Trinidad and Tobago exported to Rwanda were Hard Liquor ($24.4k) and Aqueous Paints ($9). Over the past 23 years the exports of Trinidad and Tobago to Rwanda have increased at an annualized rate of 102%,  from $728 in 1999 to $24.4k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $4.64k to Trinidad and Tobago. The main products exported from Rwanda to Trinidad and Tobago were Knit T-shirts ($4.64k). During the last 23 years the exports of Rwanda to Trinidad and Tobago have decreased at an annualized rate of 1.55%, from $6.65k in 1999 to $4.64k in 2022.

In 2017, Trinidad and Tobago exported $24.4k to Rwanda. The main products exported from Trinidad and Tobago to Rwanda were Hard Liquor ($24.4k) and Aqueous Paints ($9). During the last 5 years the exports of Trinidad and Tobago to Rwanda have increased at an annualized rate of 102%, from $728 in 2022 to $24.4k in 2017.

Exports from Rwanda (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Rwanda (Flag) (2022)

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Rwanda than Trinidad and Tobago included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

In 2022, countries that imported more from Trinidad and Tobago than Rwanda included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Rwanda (Flag) (2022)

Comparative Advantage Rwanda - Trinidad and Tobago

Flow
Scale

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

During 2022, Rwanda had a large net trade with Trinidad and Tobago in the exports of Textiles ($4.64k).

During 2017, Trinidad and Tobago had a large net trade with Rwanda in the exports of Foodstuffs ($24.4k) and Chemical Products ($9).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Trinidad and Tobago+$1.25kMalt Extract
Top Product Potential Trinidad and Tobago Rwanda+$1.91kPetroleum Gas

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

Product Space of Rwanda (Flag) and Trinidad and Tobago (Flag) (2022)

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