2022
Exports
$183kWorld Rnk 102 / 156
Flag Rnk 230 / 885
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$6.13MWorld Rnk 125 / 216
Flag Rnk 132 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $183k in Iron Wire, making it the 102nd largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 230th most exported product in Rwanda. The main destination of Iron Wire exports from Rwanda are: Democratic Republic of the Congo ($182k), Armenia ($1.28k), and United Arab Emirates ($157).

The fastest growing export markets for Iron Wire of Rwanda between 2021 and 2022 were Democratic Republic of the Congo ($68k), Armenia ($1.28k), and United Arab Emirates ($157).

Imports In 2022, Rwanda imported $6.13M in Iron Wire, becoming the 125th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 132nd most imported product in Rwanda. Rwanda imports Iron Wire primarily from: Kenya ($2.38M), China ($1.87M), South Africa ($661k), United Arab Emirates ($461k), and Indonesia ($401k).

The fastest growing import markets in Iron Wire for Rwanda between 2021 and 2022 were Kenya ($1.54M), China ($827k), and Indonesia ($401k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183k
IMPORTS (2022)$6.13M
NET TRADE (2022)-$5.95M

In 2022, Rwanda exported $183k in Iron Wire. The main destinations of Rwanda exports on Iron Wire were Democratic Republic of the Congo ($182k), Armenia ($1.28k), and United Arab Emirates ($157).

In 2022, Rwanda imported $6.13M in Iron Wire, mainly from Kenya ($2.38M), China ($1.87M), South Africa ($661k), United Arab Emirates ($461k), and Indonesia ($401k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Rwanda WERE (2021 - 2022):Portugal-$5.01k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Iron Wire were:
In 2022, Rwanda's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $864
TOP IMPORT POTENTIALChina+ $158k

Iron Wire’s highest export potential is United States. With an export gap of $864.   Iron Wire’s highest import potential is China with an import gap of $158k.

See methodology.

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