2023
Flag  
GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC 
$2,156CURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195
2023
Flag
GDP PC
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

Zimbabwe-Rwanda Trade: In 2023, Zimbabwe exported $22.9k to Rwanda. The main products that Zimbabwe exported to Rwanda were Other Heating Machinery ($21.4k) and Sowing Seeds ($1.5k). Over the past 5 years the exports of Zimbabwe to Rwanda have decreased at an annualized rate of 12%, from $43.4k in 2018 to $22.9k in 2023.

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

Rwanda-Zimbabwe Trade: In 2023, Rwanda exported $64.5k to Zimbabwe. The main products that Rwanda exported to Zimbabwe were Bovine ($42.2k), Fruit Pressing Machinery ($7.8k), and Office Machine Parts ($4.28k). Over the past 5 years the exports of Rwanda to Zimbabwe have decreased at an annualized rate of 25.8%,  from $286k in 2018 to $64.5k in 2023.

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

Comparison In 2023,  Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98),  and 106 in total exports ($9.05B). 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
Value

In 2023, Zimbabwe exported $22.9k to Rwanda. The main products exported from Zimbabwe to Rwanda were Other Heating Machinery ($21.4k) and Sowing Seeds ($1.5k). During the last 5 years the exports of Zimbabwe to Rwanda have decreased at an annualized rate of 12%, from $43.4k in 2018 to $22.9k in 2023.

In 2018, Rwanda exported $64.5k to Zimbabwe. The main products exported from Rwanda to Zimbabwe were Bovine ($42.2k), Fruit Pressing Machinery ($7.8k), and Office Machine Parts ($4.28k). During the last 5 years the exports of Rwanda to Zimbabwe have decreased at an annualized rate of 25.8%, from $286k in 2023 to $64.5k in 2018.

Exports from Zimbabwe (Flag) to Rwanda (Flag) (2023)

Exports from Rwanda (Flag) to Zimbabwe (Flag) (2023)

Latest Data

Trade between Zimbabwe (Flag) and Rwanda (Flag)

Zimbabwe Exports

Rwanda Exports

Market Competitiveness

Color
Zimbabwe
Top Destination
United Arab Emirates$4.1B
Rwanda
Top Destination
United Arab Emirates$895M

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

In 2023, countries that imported more from Zimbabwe than Rwanda included United Arab Emirates ($4.1B), China ($1.6B), and South Africa ($1.39B).

In 2023, countries that imported more from Rwanda than Zimbabwe included Thailand ($31.5M), Malaysia ($23M), and Pakistan ($26.8M).

Difference in imports from Rwanda (Flag) and Zimbabwe (Flag) (2023)

Comparative Advantage Zimbabwe - Rwanda

Flow
Scale

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

During 2023, Zimbabwe had a large net trade with Rwanda in the exports of Machines ($21.4k) and Vegetable Products ($1.5k).

During 2018, Rwanda had a large net trade with Zimbabwe in the exports of Animal Products ($42.7k), Machines ($17.2k), and Textiles ($3.69k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zimbabwe Rwanda+$2.45kGold
Top Product Potential Rwanda Zimbabwe+$2.74kGold

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

Product Space of Zimbabwe (Flag) and Rwanda (Flag) (2023)

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