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2023
Flag → Flag
Exports $23.3MRnk 95 / 211
2023
Flag → Flag
Top Product $3.53MIron Structures
2023
Flag → Flag
Exports $171kRnk 50 / 110
2023
Flag → Flag
Top Product $144kCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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 $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Portugal-Rwanda Trade: In 2023, Portugal exported $23.3M to Rwanda. The main products that Portugal exported to Rwanda were Iron Structures ($3.53M), Wood Carpentry ($2.9M), and Lifting Machinery ($1.89M). Over the past 5 years the exports of Portugal to Rwanda have increased at an annualized rate of 14.1%, from $12M in 2018 to $23.3M in 2023.

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

Rwanda-Portugal Trade: In 2023, Rwanda exported $171k to Portugal. The main products that Rwanda exported to Portugal were Coffee ($144k), Milling Stones ($17.2k), and Excavation Machinery ($6.87k). Over the past 5 years the exports of Rwanda to Portugal have increased at an annualized rate of 330%,  from $116 in 2018 to $171k in 2023.

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

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). 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, Portugal exported €1.54M and imported €0 from Rwanda, resulting in a positive trade balance of €1.54M. Between November 2023 and November 2024 the exports of Portugal have decreased by €-1.18M (-43.3%) from €2.72M to €1.54M, while imports decreased by €-181 (-100%) from €181 to €0.

Trade In November 2024, the top exports of Portugal to Rwanda were Machinery, mechanical appliances, & parts (€357k), Electrical machinery and electronics (€125k), Stone, plaster, cement, asbestos, mica. (€108k), Iron/Steel Articles (€66.3k), and Rubber & articles thereof (€29k). In November 2024 the top imports of Portugal from Rwanda were Straw & esparto manufactures (€164), Iron/Steel Articles (€4), Coffee, tea, mate & spices (€2), Live animals (€0), and Meat & edible offal (€0).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-1.18M(-43.3%)
IMPORT GROWTH (November 2023 - November 2024)€-181(-100%)

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

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

For full datasets download visit Bulk Download page.

Explore Rwanda and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $23.3M to Rwanda. The main products exported from Portugal to Rwanda were Iron Structures ($3.53M), Wood Carpentry ($2.9M), and Lifting Machinery ($1.89M). During the last 5 years the exports of Portugal to Rwanda have increased at an annualized rate of 14.1%, from $12M in 2018 to $23.3M in 2023.

In 2018, Rwanda exported $171k to Portugal. The main products exported from Rwanda to Portugal were Coffee ($144k), Milling Stones ($17.2k), and Excavation Machinery ($6.87k). During the last 5 years the exports of Rwanda to Portugal have increased at an annualized rate of 330%, from $116 in 2023 to $171k in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Portugal than Rwanda included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - Rwanda

Flow
Scale

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

During 2023, Portugal had a large net trade with Rwanda in the exports of Machines ($9.13M), Metals ($6.29M), and Wood Products ($3.08M).

During 2018, Rwanda had a large net trade with Portugal in the exports of Vegetable Products ($144k), Stone And Glass ($17.2k), and Machines ($7.31k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Rwanda+$647kPackaged Medicaments
Top Product Potential Rwanda Portugal+$7.65kCoffee

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

Product Space of Portugal (Flag) and Rwanda (Flag) (2023)

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