Austria (AUT) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Austria-Rwanda Trade: In 2022, Austria exported $3.44M to Rwanda. The main products that Austria exported to Rwanda were Planes, Helicopters, and/or Spacecraft ($1.52M), Wood Carpentry ($539k), and Iron Structures ($521k). Over the past 5 years the exports of Austria to Rwanda have increased at an annualized rate of 12.1%, from $1.95M in 2017 to $3.44M in 2022.

In 2022, Austria did not export any services to Rwanda.

Rwanda-Austria Trade: In 2022, Rwanda exported $2.51M to Austria. The main products that Rwanda exported to Austria were Raw Tin ($2.41M), Coffee ($86.5k), and Other Electrical Machinery ($12.9k). Over the past 5 years the exports of Rwanda to Austria have increased at an annualized rate of 5.46%, from $1.93M in 2017 to $2.51M in 2022.

In 2022, Rwanda did not export any services to Austria.

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $3.44M to Rwanda. The main products exported from Austria to Rwanda were Planes, Helicopters, and/or Spacecraft ($1.52M), Wood Carpentry ($539k), and Iron Structures ($521k). During the last 5 years the exports of Austria to Rwanda have increased at an annualized rate of 12.1%, from $1.95M in 2017 to $3.44M in 2022.

In 2017, Rwanda exported $2.51M to Austria. The main products exported from Rwanda to Austria were Raw Tin ($2.41M), Coffee ($86.5k), and Other Electrical Machinery ($12.9k). During the last 5 years the exports of Rwanda to Austria have increased at an annualized rate of 5.46%, from $1.93M in 2022 to $2.51M in 2017.

Exports from Austria () to Rwanda () (2022)

Exports from Rwanda () to Austria () (2022)

Latest Data

Trade between Austria () and Rwanda ()

Austria Exports

Date

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from Austria than Rwanda included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Rwanda than Austria included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and South Sudan ($22M).

Difference in imports from Rwanda () and Austria () (2022)

Comparative Advantage Austria - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Rwanda in the exports of Transportation ($1.55M), Metals ($662k), and Wood Products ($539k).

During 2017, Rwanda had a large net trade with Austria in the exports of Metals ($2.41M), Vegetable Products ($87k), and Machines ($16.6k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Rwanda+$406kFlavored Water

Top Product Potential Rwanda Austria+$234kCoffee

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

Year

This visualization shows the product space at the HS4 level with the flags of Austria and Rwanda. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Austria.

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Rwanda () (2022)

Exports from Rwanda () to Austria () (2022)

Latest Data

Trade between Austria () and Rwanda ()

Austria Exports

Rwanda Exports

Market Competitiveness

Difference in imports from Rwanda () and Austria () (2022)

Comparative Advantage Austria - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Rwanda () (2022)

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