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2022
Flag → Flag
Exports $309MRnk 104 / 217
2022
Flag → Flag
Top Product $34.7MRaw Sugar
2022
Flag → Flag
Exports $46.1MRnk 6 / 142
2022
Flag → Flag
Top Product $36.4MGold
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

India-Rwanda Trade: In 2022, India exported $309M to Rwanda. The main products that India exported to Rwanda were Raw Sugar ($34.7M), Packaged Medicaments ($31.7M), and Refined Petroleum ($30.4M). Over the past 5 years the exports of India to Rwanda have increased at an annualized rate of 11.2%, from $182M in 2017 to $309M in 2022.

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

Rwanda-India Trade: In 2022, Rwanda exported $46.1M to India. The main products that Rwanda exported to India were Gold ($36.4M), Raw Lead ($3.91M), and Essential Oils ($1.35M). Over the past 5 years the exports of Rwanda to India have increased at an annualized rate of 62.3%,  from $4.1M in 2017 to $46.1M in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Latest Trends

July, 2024

About

Overview In July 2024, India exported $7.78M and imported $574k from Rwanda, resulting in a positive trade balance of $7.21M. Between July 2023 and July 2024 the exports of India have decreased by $-3.32M (-29.9%) from $11.1M to $7.78M, while imports increased by $174k (43.5%) from $400k to $574k.

Trade In July 2024, the top exports of India to Rwanda were Drug Formulations, Biologicals ($2.94M), Sugar ($1.68M), Rmg Cotton Incl Accessories ($1.09M), Alcoholic Beverages ($897k), and Rice(Other Than Basmoti) ($787k). In July 2024 the top imports of India from Rwanda were Medical And Scientific Instrum ($53.3k), Pearl, Precs, Semiprecs Stones ($5.57k), Pumps Of All Types ($4.59k), and Telecom Instruments ($2.74k).

Growth In July 2024, the decrease in India's year-by-year exports to Rwanda was explained primarily by an decrease in product exports in Indl. Machnry For Dairy Etc ($-601k or -74.4%), Agro Chemicals ($-356k or -43.3%), and Paper, Paper Board And Product ($-295k or -97.4%). In July 2024, the increase in India's year-by-year imports  from Rwanda was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)$-3.32M(-29.9%)
IMPORT GROWTH (July 2023 - July 2024)$174k(43.5%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Rwanda and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $309M to Rwanda. The main products exported from India to Rwanda were Raw Sugar ($34.7M), Packaged Medicaments ($31.7M), and Refined Petroleum ($30.4M). During the last 5 years the exports of India to Rwanda have increased at an annualized rate of 11.2%, from $182M in 2017 to $309M in 2022.

In 2017, Rwanda exported $46.1M to India. The main products exported from Rwanda to India were Gold ($36.4M), Raw Lead ($3.91M), and Essential Oils ($1.35M). During the last 5 years the exports of Rwanda to India have increased at an annualized rate of 62.3%, from $4.1M in 2022 to $46.1M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from India than Rwanda included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Rwanda than from India.

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

Comparative Advantage India - Rwanda

Flow
Scale

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

During 2022, India had a large net trade with Rwanda in the exports of Foodstuffs ($83.2M), Chemical Products ($59.3M), and Mineral Products ($31.3M).

During 2017, Rwanda had a large net trade with India in the exports of Precious Metals ($37.4M), Metals ($5.31M), and Vegetable Products ($1.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Rwanda+$9.06MPackaged Medicaments
Top Product Potential Rwanda India+$58.9MGold

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

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

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