Rwanda-Uganda: In 2018, Rwanda exported $12.6M to Uganda. The main products exported from Rwanda to Uganda were Milk ($2.78M), Other Hides and Skins ($2.22M), and Scrap Iron ($1.74M). During the last 23 years the exports of Rwanda to Uganda have increased at an annualized rate of 15.2%, from $485k in 1995 to $12.6M in 2018.
Uganda-Rwanda: In 2018, Uganda exported $197M to Rwanda. The main products exported from Uganda to Rwanda were Cement ($21.2M), Soap ($13.4M), and Corn ($12.4M). During the last 23 years the exports of Uganda to Rwanda have increased at an annualized rate of 9.4%, from $24.9M in 1995 to $197M in 2018.
Comparison: In 2018, Rwanda ranked 152 in total exports ($970M), and does not have data regarding Economic Complexity Index. That same year, Uganda ranked 86 in the Economic Complexity Index (ECI -0.48), and 117 in total exports ($4.16B). N/A
Product Trade
#permalink to sectionBilateral Trade by Products
#permalink to sectionIn 2018, Rwanda exported $12.6M to Uganda. The main products exported from Rwanda to Uganda were Milk ($2.78M), Other Hides and Skins ($2.22M), and Scrap Iron ($1.74M). During the last 23 years the exports of Rwanda to Uganda have increased at an annualized rate of 15.2%, from $485k in 1995 to $12.6M in 2018.
In 2018, Uganda exported $197M to Rwanda. The main products exported from Uganda to Rwanda were Cement ($21.2M), Soap ($13.4M), and Corn ($12.4M). During the last 23 years the exports of Uganda to Rwanda have increased at an annualized rate of 9.4%, from $24.9M in 1995 to $197M in 2018.
Market Competitiveness
#permalink to sectionRwanda Top Destination: United Arab Emirates, $638M
Uganda Top Destination: United Arab Emirates, $1.68B
This map shows whether countries import more from Rwanda or Uganda. Each country is colored based on the difference in imports they receive from Rwanda and Uganda or the difference in the growth in imports.
In 2018, countries that imported more from Rwanda than Uganda were Thailand ($42.9M), Pakistan ($42.2M), and United States ($66.4M).
In 2018, countries that imported more from Uganda than Rwanda were United Arab Emirates ($1.68B), Kenya ($507M), and South Sudan ($301M).
Comparative Advantage Rwanda - Uganda
#permalink to sectionThis chart compares trade between Rwanda and Uganda by product, considering products traded by both, Rwanda and Uganda.
During 2018, Rwanda had a large net trade with Uganda in the exports of Animal Hides ($3.73M), Animal Products ($2.93M), and Metals ($2.31M).
During 2018, Uganda had a large net trade with Rwanda in the exports of Metals ($33.7M), Chemical Products ($29.7M), and Vegetable Products ($28.4M).
Forecasts
#permalink to sectionTrade Forecasts
#permalink to sectionThis section shows a forecast for total trade between Rwanda and Uganda. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.
To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.
Economic Complexity
#permalink to sectionCompetitive Landscape
#permalink to sectionThis visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more Rwanda has comparative advantage over Uganda. Similarly, the more red a dot/product is, the more Uganda has comparative advantage over Rwanda.
