2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

United Kingdom-Rwanda Trade: In 2023, United Kingdom exported $16.3M to Rwanda. The main products that United Kingdom exported to Rwanda were Broadcasting Equipment ($2.08M), Tractors ($1.98M), and Glaziers Putty ($1.03M). Over the past 5 years the exports of United Kingdom to Rwanda have decreased at an annualized rate of 6.44%, from $22.8M in 2018 to $16.3M in 2023.

In 2023, United Kingdom did not export any services to Rwanda.

Rwanda-United Kingdom Trade: In 2023, Rwanda exported $30.7M to United Kingdom. The main products that Rwanda exported to United Kingdom were Tea ($13.8M), Coffee ($6.72M), and Other Vegetables ($2.11M). Over the past 5 years the exports of Rwanda to United Kingdom have increased at an annualized rate of 10.9%,  from $18.3M in 2018 to $30.7M in 2023.

In 2023, Rwanda did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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
Value

In 2023, United Kingdom exported $16.3M to Rwanda. The main products exported from United Kingdom to Rwanda were Broadcasting Equipment ($2.08M), Tractors ($1.98M), and Glaziers Putty ($1.03M). During the last 5 years the exports of United Kingdom to Rwanda have decreased at an annualized rate of 6.44%, from $22.8M in 2018 to $16.3M in 2023.

In 2018, Rwanda exported $30.7M to United Kingdom. The main products exported from Rwanda to United Kingdom were Tea ($13.8M), Coffee ($6.72M), and Other Vegetables ($2.11M). During the last 5 years the exports of Rwanda to United Kingdom have increased at an annualized rate of 10.9%, from $18.3M in 2023 to $30.7M in 2018.

Exports from United Kingdom (Flag) to Rwanda (Flag) (2023)

Exports from Rwanda (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Rwanda
Top Destination
United Arab Emirates$895M

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

In 2023, countries that imported more from United Kingdom than Rwanda included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Rwanda than from United Kingdom.

Difference in imports from Rwanda (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Rwanda

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Rwanda in the exports of Machines ($5.84M), Transportation ($2.75M), and Chemical Products ($2.73M).

During 2018, Rwanda had a large net trade with United Kingdom in the exports of Vegetable Products ($26M), Textiles ($3.05M), and Metals ($1.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Rwanda+$1.58MTelephones
Top Product Potential Rwanda United Kingdom+$4.85MCoffee

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

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

Product Space of United Kingdom (Flag) and Rwanda (Flag) (2023)

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