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2023
Flag → Flag
Exports $150MRnk 133 / 220
2023
Flag → Flag
Top Product $32.5MPackaged Medicaments
2023
Flag → Flag
Exports $17.3MRnk 9 / 110
2023
Flag → Flag
Top Product $11.4MRaw Lead
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

India-Rwanda Trade: In 2023, India exported $150M to Rwanda. The main products that India exported to Rwanda were Packaged Medicaments ($32.5M), Motorcycles and cycles ($11M), and Alcohol > 80% ABV ($10.3M). Over the past 5 years the exports of India to Rwanda have decreased at an annualized rate of 13%, from $300M in 2018 to $150M in 2023.

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

Rwanda-India Trade: In 2023, Rwanda exported $17.3M to India. The main products that Rwanda exported to India were Raw Lead ($11.4M), Essential Oils ($2.35M), and Precious Stones ($876k). Over the past 5 years the exports of Rwanda to India have increased at an annualized rate of 17.8%,  from $7.63M in 2018 to $17.3M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, India exported $5.98M and imported $428k from Rwanda, resulting in a positive trade balance of $5.55M. Between November 2023 and November 2024 the exports of India have decreased by $-6.79M (-53.2%) from $12.8M to $5.98M, while imports decreased by $-391k (-47.8%) from $820k to $428k.

Trade In November 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 November 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 November 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 ($-295k or -97.4%). In November 2024, the decrease in India's year-by-year imports  from Rwanda was explained primarily by an decrease in product imports  in Pearl, Precs, Semiprecs Stones ($-99.8k or -94.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$-6.79M(-53.2%)
IMPORT GROWTH (November 2023 - November 2024)$-391k(-47.8%)

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 2023, India exported $150M to Rwanda. The main products exported from India to Rwanda were Packaged Medicaments ($32.5M), Motorcycles and cycles ($11M), and Alcohol > 80% ABV ($10.3M). During the last 5 years the exports of India to Rwanda have decreased at an annualized rate of 13%, from $300M in 2018 to $150M in 2023.

In 2018, Rwanda exported $17.3M to India. The main products exported from Rwanda to India were Raw Lead ($11.4M), Essential Oils ($2.35M), and Precious Stones ($876k). During the last 5 years the exports of Rwanda to India have increased at an annualized rate of 17.8%, from $7.63M in 2023 to $17.3M in 2018.

Exports from India (Flag) to Rwanda (Flag) (2023)

Exports from Rwanda (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Rwanda
Top DestinationUnited Arab Emirates$895M

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 2023, countries that imported more from India than Rwanda included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Difference in imports from Rwanda (Flag) and India (Flag) (2023)

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 2023, India had a large net trade with Rwanda in the exports of Chemical Products ($44.1M), Machines ($26.1M), and Foodstuffs ($20.7M).

During 2018, Rwanda had a large net trade with India in the exports of Metals ($12.1M), Chemical Products ($2.41M), and Vegetable Products ($1.36M).

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) (2023)

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