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.
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).
The 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.
The 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.
The 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.
This network shows the products most related to the production structure of Rwanda. These are products that tend to be co-exported with the products that Rwanda exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The 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.