2023
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GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
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 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
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GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
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GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
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GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195
2023
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GDP PC
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
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GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

Russia-Rwanda Trade: In 2022, Russia exported $38.9M to Rwanda. The main products that Russia exported to Rwanda were N/A. Over the past 5 years the exports of Russia to Rwanda have decreased at an annualized rate of 1.62%, from $42.2M in 2017 to $38.9M in 2022.

In 2020, Russia exported services to Rwanda worth $68k, with Other business services ($41k), Transportation ($12k), and Financial services ($12k) being the largest in terms of value.

Rwanda-Russia Trade: In 2022, Rwanda exported $4.12M to Russia. The main products that Rwanda exported to Russia were N/A. Over the past 5 years the exports of Rwanda to Russia have increased at an annualized rate of 13%,  from $2.24M in 2017 to $4.12M in 2022.

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

Comparison In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3),  and 18 in total exports ($394B). 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
Value

In 2022, Russia exported $38.9M to Rwanda. There were not main exports from Russia to Rwanda in 2022. During the last 5 years the exports of Russia to Rwanda have decreased at an annualized rate of 1.62%, from $42.2M in 2017 to $38.9M in 2022.

In 2017, Rwanda exported $4.12M to Russia. There were not main exports from Rwanda to Russia in 2017. During the last 5 years the exports of Rwanda to Russia have increased at an annualized rate of 13%, from $2.24M in 2022 to $4.12M in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Rwanda
Top Destination
United Arab Emirates$895M

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

In 2023, countries that imported more from Russia than Rwanda included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Rwanda than Russia included Lesotho ($267).

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

Comparative Advantage Russia - Rwanda

Flow
Scale

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

During 2022, Russia had a large net trade with Rwanda in the exports of .

During 2017, Rwanda had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Rwanda+$3.72kRefined Petroleum
Top Product Potential Rwanda Russia+$3.96kCoffee

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

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

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