2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Guinea-Rwanda Trade: In 2022, Guinea exported $3.93k to Rwanda. The main products that Guinea exported to Rwanda were Heavy Synthetic Cotton Fabrics ($1.56k), Non-Knit Men's Shirts ($947), and Other Footwear ($694). Over the past 5 years the exports of Guinea to Rwanda have increased at an annualized rate of 42.9%, from $660 in 2017 to $3.93k in 2022.

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

Rwanda-Guinea Trade: In 2022, Rwanda exported $1.48k to Guinea. The main products that Rwanda exported to Guinea were Travel Kits ($1.01k) and Basketwork ($466). Over the past 5 years the exports of Rwanda to Guinea have decreased at an annualized rate of 54.9%,  from $79.5k in 2017 to $1.48k in 2022.

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

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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
Value

In 2022, Guinea exported $3.93k to Rwanda. The main products exported from Guinea to Rwanda were Heavy Synthetic Cotton Fabrics ($1.56k), Non-Knit Men's Shirts ($947), and Other Footwear ($694). During the last 5 years the exports of Guinea to Rwanda have increased at an annualized rate of 42.9%, from $660 in 2017 to $3.93k in 2022.

In 2017, Rwanda exported $1.48k to Guinea. The main products exported from Rwanda to Guinea were Travel Kits ($1.01k) and Basketwork ($466). During the last 5 years the exports of Rwanda to Guinea have decreased at an annualized rate of 54.9%, from $79.5k in 2022 to $1.48k in 2017.

Exports from Guinea (Flag) to Rwanda (Flag) (2022)

Exports from Rwanda (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Rwanda (Flag)

Rwanda Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Rwanda
Top Destination
United Arab Emirates$568M

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

In 2022, countries that imported more from Guinea than Rwanda included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Rwanda than Guinea included Democratic Republic of the Congo ($450M), Thailand ($83.9M), and Ethiopia ($55.2M).

Difference in imports from Rwanda (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Rwanda

Flow
Scale

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

During 2022, Guinea had a large net trade with Rwanda in the exports of Textiles ($3.13k), Footwear and Headwear ($748), and Animal Hides ($57).

During 2017, Rwanda had a large net trade with Guinea in the exports of Miscellaneous ($1.01k) and Wood Products ($466).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Rwanda+$2.5kGold
Top Product Potential Rwanda Guinea+$1.62kMalt Extract

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

Product Space of Guinea (Flag) and Rwanda (Flag) (2022)

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