Singapore (SGP) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Singapore-Rwanda Trade: In 2023, Singapore exported $1.28M to Rwanda. The main products that Singapore exported to Rwanda were Computers ($473k), Glues ($285k), and Broadcasting Equipment ($151k). Over the past 5 years the exports of Singapore to Rwanda have decreased at an annualized rate of 43.8%, from $22.7M in 2018 to $1.28M in 2023.

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

Rwanda-Singapore Trade: In 2023, Rwanda exported $160k to Singapore. The main products that Rwanda exported to Singapore were Coffee ($123k), Trunks and Cases ($10.6k), and Tea ($9.99k). Over the past 5 years the exports of Rwanda to Singapore have decreased at an annualized rate of 65.8%, from $34.5M in 2018 to $160k in 2023.

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

Comparison In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Singapore exported $1.28M to Rwanda. The main products exported from Singapore to Rwanda were Computers ($473k), Glues ($285k), and Broadcasting Equipment ($151k). During the last 5 years the exports of Singapore to Rwanda have decreased at an annualized rate of 43.8%, from $22.7M in 2018 to $1.28M in 2023.

In 2018, Rwanda exported $160k to Singapore. The main products exported from Rwanda to Singapore were Coffee ($123k), Trunks and Cases ($10.6k), and Tea ($9.99k). During the last 5 years the exports of Rwanda to Singapore have decreased at an annualized rate of 65.8%, from $34.5M in 2023 to $160k in 2018.

Exports from Singapore () to Rwanda () (2023)

Exports from Rwanda () to Singapore () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Singapore than Rwanda included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, no countries were registered that imported more from Rwanda than from Singapore.

Difference in imports from Rwanda () and Singapore () (2023)

Comparative Advantage Singapore - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with Rwanda in the exports of Machines ($760k), Chemical Products ($411k), and Plastics and Rubbers ($69.7k).

During 2018, Rwanda had a large net trade with Singapore in the exports of Vegetable Products ($133k), Machines ($16.2k), and Animal Hides ($10.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Rwanda+$284kComputers

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

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Rwanda () (2023)

Exports from Rwanda () to Singapore () (2023)

Market Competitiveness

Difference in imports from Rwanda () and Singapore () (2023)

Comparative Advantage Singapore - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and Rwanda () (2023)

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