Rwanda
2020 Product Exports | Imports: $902M | $1.36B, 158 of 226 | 168 of 226
2020 Per Capita Product Exports | Imports: $69.7 | $105, 206 of 219 | 211 of 219
2015 Service Exports | Imports : $493M | $855M, 138 of 173 | 134 of 173
Overview In 2020 Rwanda was the number 158 economy in the world in terms of total exports and the number 168 in total imports.
Exports The top exports of Rwanda are Gold ($644M), Coffee ($66M), Tea ($54.7M), Niobium, Tantalum, Vanadium and Zirconium Ore ($46.4M), and Tin Ores ($20.2M), exporting mostly to United Arab Emirates ($594M), Turkey ($54M), China ($37.8M), United States ($31.4M), and Pakistan ($28.2M).
Imports The top imports of Rwanda are Broadcasting Equipment ($106M), Packaged Medicaments ($61.8M), Iron Structures ($60.4M), Vaccines, blood, antisera, toxins and cultures ($37.5M), and Non-fillet Frozen Fish ($36.6M), importing mostly from China ($282M), Kenya ($237M), India ($124M), United Arab Emirates ($93.6M), and South Africa ($82.6M).
Location Rwanda borders Burundi, Democratic Republic of the Congo, Tanzania, and Uganda by land.
Latest Trends
#permalink to sectionLatest Trade
#permalink to sectionThe following section uses the most recent trade data from partners of Rwanda.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Latest Data
#permalink to sectionThe data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Historical Data
#permalink to sectionYearly Trade
#permalink to sectionTop Export (2020): Gold, $644M
Top Destination (2020): United Arab Emirates, $282M
In 2020, Rwanda exported a total of $902M, making it the number 158 exporter in the world. During the last five reported years the exports of Rwanda have changed by $324M from $578M in 2015 to $902M in 2020.
The most recent exports are led by Gold ($644M), Coffee ($66M), Tea ($54.7M), Niobium, Tantalum, Vanadium and Zirconium Ore ($46.4M), and Tin Ores ($20.2M). The most common destination for the exports of Rwanda are United Arab Emirates ($594M), Turkey ($54M), China ($37.8M), United States ($31.4M), and Pakistan ($28.2M).
Market Growth
#permalink to sectionService Trade
#permalink to sectionService Trade
#permalink to sectionRwanda Exports Services (2015): $493M
Rwanda Imports Services (2015): $855M
In 2015, Rwanda exported $493M worth of services. The top services exported by Rwanda in 2015 were Government services, n.i.e. ($251M), Business travel ($98.4M), Air transport ($87.6M), Communications services ($21.8M), and Construction abroad ($10.5M).
The top services imported by Rwanda in 2015 were Other transport ($199M), Miscellaneous business, professional, and technical services ($160M), Government services, n.i.e. ($145M), Air transport ($143M), and Sea transport ($133M).
Economic Complexity
#permalink to sectionMost Specialized Products by RCA Index
#permalink to sectionRwanda has a high level of specialization in Niobium, Tantalum, Vanadium and Zirconium Ore (616), Tin Ores (575), Tea (132), Coffee (39.8), and Gold (28.3). Specialization is measured using RCA, an index that takes the ratio between Rwanda observed and expected exports in each product.
Most Complex Products by PCI
#permalink to sectionThe highest complexity exports of Rwanda according to the product complexity index (PCI) are Postcards (1.14), Malt Extract (0.0015), Iron Nails (-0.073), Milk (-0.17), and Poultry (-0.29). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Export Opportunities by Relatedness
#permalink to sectionThe top export opportunities for Rwanda according to the relatedness index, are Manganese Ore (0.081), Cocoa Beans (0.079), Other Oily Seeds (0.072), Insect Resins (0.07), and Palm Oil (0.068). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Rwanda is not specialized in.
Product Space
#permalink to sectionThe product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
Diversification Frontier
#permalink to sectionThe Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
