2022
Flag  
GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Rwanda-Australia Trade: In 2022, Rwanda exported $1.39M to Australia. The main products that Rwanda exported to Australia were Coffee ($917k), Tea ($279k), and Legume Flours ($59.6k). Over the past 5 years the exports of Rwanda to Australia have increased at an annualized rate of 3.55%, from $1.17M in 2017 to $1.39M in 2022.

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

Australia-Rwanda Trade: In 2022, Australia exported $26.6M to Rwanda. The main products that Australia exported to Rwanda were Wheat ($20.3M), Malt ($3.47M), and Iron Structures ($690k). Over the past 5 years the exports of Australia to Rwanda have increased at an annualized rate of 64.9%,  from $2.18M in 2017 to $26.6M in 2022.

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

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $1.39M to Australia. The main products exported from Rwanda to Australia were Coffee ($917k), Tea ($279k), and Legume Flours ($59.6k). During the last 5 years the exports of Rwanda to Australia have increased at an annualized rate of 3.55%, from $1.17M in 2017 to $1.39M in 2022.

In 2017, Australia exported $26.6M to Rwanda. The main products exported from Australia to Rwanda were Wheat ($20.3M), Malt ($3.47M), and Iron Structures ($690k). During the last 5 years the exports of Australia to Rwanda have increased at an annualized rate of 64.9%, from $2.18M in 2022 to $26.6M in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Australia (Flag)

Rwanda Exports

Australia Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$568M
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from Rwanda than Australia included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and South Sudan ($22M).

In 2022, countries that imported more from Australia than Rwanda included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Rwanda - Australia

Flow
Scale

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

During 2022, Rwanda had a large net trade with Australia in the exports of Vegetable Products ($1.33M), Machines ($43k), and Textiles ($5.58k).

During 2017, Australia had a large net trade with Rwanda in the exports of Vegetable Products ($23.8M), Machines ($1.44M), and Metals ($754k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Australia+$1.53MCoffee
Top Product Potential Australia Rwanda+$111kPackaged Medicaments

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

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

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