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Pricing

2022
Flag → Flag
Exports $27.3MRnk 87 / 208
2022
Flag → Flag
Top Product $2.82MIron Structures
2022
Flag → Flag
Exports $23.4kRnk 97 / 142
2022
Flag → Flag
Top Product $8.64kOther Vegetables
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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 $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Portugal-Rwanda Trade: In 2022, Portugal exported $27.3M to Rwanda. The main products that Portugal exported to Rwanda were Iron Structures ($2.82M), Packaged Medicaments ($1.8M), and Water and Gas Generators ($1.52M). Over the past 5 years the exports of Portugal to Rwanda have increased at an annualized rate of 24.9%, from $8.97M in 2017 to $27.3M in 2022.

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

Rwanda-Portugal Trade: In 2022, Rwanda exported $23.4k to Portugal. The main products that Rwanda exported to Portugal were Other Vegetables ($8.64k), Other Iron Products ($2.88k), and Other Furniture ($2.61k). Over the past 5 years the exports of Rwanda to Portugal have decreased at an annualized rate of 40.2%,  from $307k in 2017 to $23.4k in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). 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, Portugal exported €622k and imported €68.3k from Rwanda, resulting in a positive trade balance of €554k. Between July 2023 and July 2024 the exports of Portugal have decreased by €-976k (-61.1%) from €1.6M to €622k, while imports increased by €68.1k (49k%) from €139 to €68.3k.

Trade In July 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 or steel articles (€66.3k), and Rubber & articles thereof (€29k). In July 2024 the top imports of Portugal from Rwanda were Straw & esparto manufactures (€164), Iron or steel articles (€4), Coffee, tea, mate & spices (€2), Live animals (€0), and Meat & edible offal (€0).

Growth In July 2024, the decrease in Portugal's year-by-year exports to Rwanda was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-494k or -58.1%), Stone, plaster, cement, asbestos, mica. (€-192k or -64%), and Chemical products n.e.s. (€-19.6k or -100%). In July 2024, the increase in Portugal'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)€-976k(-61.1%)
IMPORT GROWTH (July 2023 - July 2024)€68.1k(49k%)

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 2022, Portugal exported $27.3M to Rwanda. The main products exported from Portugal to Rwanda were Iron Structures ($2.82M), Packaged Medicaments ($1.8M), and Water and Gas Generators ($1.52M). During the last 5 years the exports of Portugal to Rwanda have increased at an annualized rate of 24.9%, from $8.97M in 2017 to $27.3M in 2022.

In 2017, Rwanda exported $23.4k to Portugal. The main products exported from Rwanda to Portugal were Other Vegetables ($8.64k), Other Iron Products ($2.88k), and Other Furniture ($2.61k). During the last 5 years the exports of Rwanda to Portugal have decreased at an annualized rate of 40.2%, from $307k in 2022 to $23.4k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Rwanda
Top DestinationUnited Arab Emirates$568M

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 2022, countries that imported more from Portugal than Rwanda included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Rwanda than Portugal included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and Ethiopia ($55.2M).

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

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 2022, Portugal had a large net trade with Rwanda in the exports of Machines ($8.59M), Metals ($6.87M), and Stone And Glass ($2.94M).

During 2017, Rwanda had a large net trade with Portugal in the exports of Vegetable Products ($8.98k), Metals ($3.1k), and Miscellaneous ($2.83k).

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) (2022)

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