Hong Kong (HKG) and Rwanda (RWA) Trade | The Observatory of Economic Complexity

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Hong Kong-Rwanda Trade: In 2023, Hong Kong exported $79.7M to Rwanda. The main products that Hong Kong exported to Rwanda were Broadcasting Equipment ($62M), Computers ($15.6M), and Telephones ($577k). Over the past 5 years the exports of Hong Kong to Rwanda have increased at an annualized rate of 33.8%, from $18.6M in 2018 to $79.7M in 2023.

In 2023, Hong Kong did not export any services to Rwanda.

Rwanda-Hong Kong Trade: In 2023, Rwanda exported $423k to Hong Kong. The main products that Rwanda exported to Hong Kong were Precious Stones ($337k), Telephones ($65.3k), and Trunks and Cases ($10.2k). Over the past 5 years the exports of Rwanda to Hong Kong have decreased at an annualized rate of 64%, from $69.5M in 2018 to $423k in 2023.

In 2023, Rwanda did not export any services to Hong Kong.

Comparison In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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, Hong Kong exported $79.7M to Rwanda. The main products exported from Hong Kong to Rwanda were Broadcasting Equipment ($62M), Computers ($15.6M), and Telephones ($577k). During the last 5 years the exports of Hong Kong to Rwanda have increased at an annualized rate of 33.8%, from $18.6M in 2018 to $79.7M in 2023.

In 2018, Rwanda exported $423k to Hong Kong. The main products exported from Rwanda to Hong Kong were Precious Stones ($337k), Telephones ($65.3k), and Trunks and Cases ($10.2k). During the last 5 years the exports of Rwanda to Hong Kong have decreased at an annualized rate of 64%, from $69.5M in 2023 to $423k in 2018.

Exports from Hong Kong () to Rwanda () (2023)

Exports from Rwanda () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Rwanda ()

Hong Kong Exports

Date

Rwanda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Hong Kong than Rwanda included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Rwanda than Hong Kong included Uganda ($11M).

Difference in imports from Rwanda () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Rwanda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Rwanda in the exports of Machines ($78.7M), Instruments ($674k), and Animal Hides ($109k).

During 2018, Rwanda had a large net trade with Hong Kong in the exports of Precious Metals ($337k), Machines ($75.6k), and Animal Hides ($10.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Rwanda+$1.39MComputers

Top Product Potential Rwanda Hong Kong+$337kPrecious Stones

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

About

Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Rwanda () (2023)

Exports from Rwanda () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Rwanda ()

Hong Kong Exports

Rwanda Exports

Market Competitiveness

Difference in imports from Rwanda () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Rwanda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Rwanda () (2023)

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