Greece (GRC) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Greece-Rwanda Trade: In 2023, Greece exported $553k to Rwanda. The main products that Greece exported to Rwanda were Lifting Machinery ($457k), Beauty Products ($57k), and Excavation Machinery ($19.4k). Over the past 5 years the exports of Greece to Rwanda have increased at an annualized rate of 10.6%, from $334k in 2018 to $553k in 2023.

In 2023, Greece did not export any services to Rwanda.

Rwanda-Greece Trade: In 2023, Rwanda exported $78.8k to Greece. The main products that Rwanda exported to Greece were Coffee ($78.8k). Over the past 5 years the exports of Rwanda to Greece have decreased at an annualized rate of 34.4%, from $647k in 2018 to $78.8k in 2023.

In 2023, Rwanda did not export any services to Greece.

Comparison In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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 2023, Greece exported $553k to Rwanda. The main products exported from Greece to Rwanda were Lifting Machinery ($457k), Beauty Products ($57k), and Excavation Machinery ($19.4k). During the last 5 years the exports of Greece to Rwanda have increased at an annualized rate of 10.6%, from $334k in 2018 to $553k in 2023.

In 2018, Rwanda exported $78.8k to Greece. The main products exported from Rwanda to Greece were Coffee ($78.8k). During the last 5 years the exports of Rwanda to Greece have decreased at an annualized rate of 34.4%, from $647k in 2023 to $78.8k in 2018.

Exports from Greece () to Rwanda () (2023)

Exports from Rwanda () to Greece () (2023)

Latest Data

Trade between Greece () and Rwanda ()

Greece Exports

Date

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Greece than Rwanda included Italy ($6.21B), Germany ($3.06B), and Cyprus ($3.03B).

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

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

Comparative Advantage Greece - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Rwanda in the exports of Machines ($482k), Chemical Products ($57k), and Foodstuffs ($13.5k).

During 2018, Rwanda had a large net trade with Greece in the exports of Vegetable Products ($78.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Rwanda+$67.7kOther Heating Machinery

Top Product Potential Rwanda Greece+$350kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Rwanda () (2023)

Exports from Rwanda () to Greece () (2023)

Latest Data

Trade between Greece () and Rwanda ()

Greece Exports

Rwanda Exports

Market Competitiveness

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

Comparative Advantage Greece - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Rwanda () (2023)

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