HS Icon Refined Petroleum in  Flag Rwanda

2019
Exports | Imports
: $137M | $411M, World Rnk 91 / 214
Flag Rnk 2 / 854 | World Rnk 125 / 225
Flag Rnk 1 / 1110

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $6.88M | $49.6M, Ethiopia |  Saudi Arabia

2019
ECONOMIC COMPLEXITY of Rwanda
: -0.74, Rnk 110 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In 2019, Rwanda exported $137M in Refined Petroleum, making it the 91st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Rwanda. The main destination of Refined Petroleum exports from Rwanda are: Democratic Republic of the Congo ($113M), Ethiopia ($9.71M), Burundi ($5.27M), Republic of the Congo ($2.49M), and United Arab Emirates ($2.28M).

The fastest growing export markets for Refined Petroleum of Rwanda between 2018 and 2019 were Ethiopia ($6.88M), Democratic Republic of the Congo ($5.05M), and Burundi ($3.84M).

Imports In 2019, Rwanda imported $411M in Refined Petroleum, becoming the 125th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Rwanda. Rwanda imports Refined Petroleum primarily from: United Arab Emirates ($115M), Saudi Arabia ($115M), Switzerland ($94M), India ($22.9M), and Oman ($20.6M).

The fastest growing import markets in Refined Petroleum for Rwanda between 2018 and 2019 were Saudi Arabia ($49.6M), Switzerland ($27.3M), and China ($13.8M).

Tariffs In 2018, the average tariff for Rwanda in Refined Petroleum was 4.43%. The countries with the highest import tariffs for Refined Petroleum were Ethiopia (Preferential tariff for Ethiopia (COMESA), 14.1%), Angola (Most Favoured Nation duty rate treatement, 4.46%), Benin (Most Favoured Nation duty rate treatement, 4.46%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.46%), and Botswana (Most Favoured Nation duty rate treatement, 4.46%).

Historical Data

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EXPORTS (2019): $137M

IMPORTS (2019): $411M

NET TRADE (2019): -$275M

In 2019, Rwanda exported $137M in Refined Petroleum. The main destinations of Rwanda exports on Refined Petroleum were Democratic Republic of the Congo ($113M), Ethiopia ($9.71M), Burundi ($5.27M), Republic of the Congo ($2.49M), and United Arab Emirates ($2.28M).

In 2019, Rwanda imported $411M in Refined Petroleum, mainly from United Arab Emirates ($115M), Saudi Arabia ($115M), Switzerland ($94M), India ($22.9M), and Oman ($20.6M).

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IN 2019, Rwanda HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Rwanda HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Rwanda WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Rwanda WERE (2018 - 2019):

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Market Concentration

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In 2019, Rwanda's main exporting competitors in Refined Petroleum were:

In 2019, Rwanda's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2018, the average tariff for Rwanda in Refined Petroleum was 4.43%.

The countries with the highest tariffs for Refined Petroleum in Rwanda were Ethiopia (Preferential tariff for Ethiopia (COMESA), 14.1%), Angola (Most Favoured Nation duty rate treatement, 4.46%), Benin (Most Favoured Nation duty rate treatement, 4.46%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.46%), and Botswana (Most Favoured Nation duty rate treatement, 4.46%).