2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
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GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC
$966CURRENT US$
Rnk 169 / 186
2012-2022
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GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Russia-Rwanda Trade: In 2022, Russia exported $33.5M to Rwanda. The main products that Russia exported to Rwanda were Wheat ($21.4M), Mixed Mineral or Chemical Fertilizers ($8.25M), and Kraft Paper ($1.73M). Over the past 5 years the exports of Russia to Rwanda have increased at an annualized rate of 2.18%, from $30.1M in 2017 to $33.5M 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 Tea ($2.83M), Coffee ($1.29M), and Travel Kits ($301). Over the past 5 years the exports of Rwanda to Russia have increased at an annualized rate of 12.4%,  from $2.3M in 2017 to $4.12M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $33.5M to Rwanda. The main products exported from Russia to Rwanda were Wheat ($21.4M), Mixed Mineral or Chemical Fertilizers ($8.25M), and Kraft Paper ($1.73M). During the last 5 years the exports of Russia to Rwanda have increased at an annualized rate of 2.18%, from $30.1M in 2017 to $33.5M in 2022.

In 2017, Rwanda exported $4.12M to Russia. The main products exported from Rwanda to Russia were Tea ($2.83M), Coffee ($1.29M), and Travel Kits ($301). During the last 5 years the exports of Rwanda to Russia have increased at an annualized rate of 12.4%, from $2.3M 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$101B
Rwanda
Top Destination
United Arab Emirates$568M

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 2022, countries that imported more from Russia than Rwanda included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Rwanda than Russia included Democratic Republic of the Congo ($450M), Uganda ($22.8M), and South Sudan ($22M).

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

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 Vegetable Products ($21.4M), Chemical Products ($8.28M), and Paper Goods ($1.76M).

During 2017, Rwanda had a large net trade with Russia in the exports of Vegetable Products ($4.12M) and Miscellaneous ($301).

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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