Bangladesh (BGD) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Bangladesh-Rwanda Trade: In 2022, Bangladesh exported $557k to Rwanda. The main products that Bangladesh exported to Rwanda were N/A. Over the past 5 years the exports of Bangladesh to Rwanda have increased at an annualized rate of 20.5%, from $219k in 2017 to $557k in 2022.

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

Rwanda-Bangladesh Trade: In 2022, Rwanda exported $24.2k to Bangladesh. The main products that Rwanda exported to Bangladesh were N/A. Over the past 5 years the exports of Rwanda to Bangladesh have increased at an annualized rate of 48.5%, from $3.35k in 2017 to $24.2k in 2022.

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

Comparison In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bangladesh exported $557k to Rwanda. There were not main exports from Bangladesh to Rwanda in 2022. During the last 5 years the exports of Bangladesh to Rwanda have increased at an annualized rate of 20.5%, from $219k in 2017 to $557k in 2022.

In 2017, Rwanda exported $24.2k to Bangladesh. There were not main exports from Rwanda to Bangladesh in 2017. During the last 5 years the exports of Rwanda to Bangladesh have increased at an annualized rate of 48.5%, from $3.35k in 2022 to $24.2k in 2017.

Exports from Bangladesh () to Rwanda () (2022)

Exports from Rwanda () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Rwanda ()

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Bangladesh than Rwanda included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Rwanda than Bangladesh included United Arab Emirates ($895M), Kenya ($34.5M), and Uganda ($11M).

Difference in imports from Rwanda () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Rwanda in the exports of .

During 2017, Rwanda had a large net trade with Bangladesh in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Rwanda+$2.63kNon-Knit Men's Suits

Top Product Potential Rwanda Bangladesh+$4.45kGold

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 Bangladesh and Rwanda. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Rwanda () (2022)

Exports from Rwanda () to Bangladesh () (2022)

Latest Data

Trade between Bangladesh () and Rwanda ()

Rwanda Exports

Market Competitiveness

Difference in imports from Rwanda () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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