Rwanda (RWA) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Rwanda-Vietnam Trade: In 2022, Rwanda exported $4.35M to Vietnam. The main products that Rwanda exported to Vietnam were Bran ($2.84M), Other Nuts ($1.48M), and Rolled Tobacco ($30.6k). Over the past 5 years the exports of Rwanda to Vietnam have increased at an annualized rate of 73.2%, from $279k in 2017 to $4.35M in 2022.

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

Vietnam-Rwanda Trade: In 2022, Vietnam exported $16.4M to Rwanda. The main products that Vietnam exported to Rwanda were Bedspreads ($8.86M), Broadcasting Equipment ($1.19M), and Polycarboxylic Acids ($1.01M). Over the past 5 years the exports of Vietnam to Rwanda have increased at an annualized rate of 92.7%, from $619k in 2017 to $16.4M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $4.35M to Vietnam. The main products exported from Rwanda to Vietnam were Bran ($2.84M), Other Nuts ($1.48M), and Rolled Tobacco ($30.6k). During the last 5 years the exports of Rwanda to Vietnam have increased at an annualized rate of 73.2%, from $279k in 2017 to $4.35M in 2022.

In 2017, Vietnam exported $16.4M to Rwanda. The main products exported from Vietnam to Rwanda were Bedspreads ($8.86M), Broadcasting Equipment ($1.19M), and Polycarboxylic Acids ($1.01M). During the last 5 years the exports of Vietnam to Rwanda have increased at an annualized rate of 92.7%, from $619k in 2022 to $16.4M in 2017.

Exports from Rwanda () to Vietnam () (2022)

Exports from Vietnam () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Vietnam ()

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Rwanda than Vietnam included Democratic Republic of the Congo ($450M), South Sudan ($22M), and Uganda ($22.8M).

In 2022, countries that imported more from Vietnam than Rwanda included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam () and Rwanda () (2022)

Comparative Advantage Rwanda - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Vietnam in the exports of Foodstuffs ($2.87M) and Vegetable Products ($1.48M).

During 2017, Vietnam had a large net trade with Rwanda in the exports of Textiles ($8.88M), Machines ($2.19M), and Plastics and Rubbers ($1.71M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Vietnam+$3.83kGold

Top Product Potential Vietnam Rwanda+$5.21kTelephones

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

Year

This visualization shows the product space at the HS4 level with the flags of Rwanda and Vietnam. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Rwanda.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Vietnam () (2022)

Exports from Vietnam () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Vietnam ()

Rwanda Exports

Market Competitiveness

Difference in imports from Vietnam () and Rwanda () (2022)

Comparative Advantage Rwanda - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Vietnam () (2022)

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