Rwanda (RWA) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Rwanda-Austria Trade: In 2022, Rwanda exported $2.51M to Austria. The main products that Rwanda exported to Austria were Raw Tin ($2.41M), Coffee ($86.5k), and Other Electrical Machinery ($12.9k). Over the past 5 years the exports of Rwanda to Austria have increased at an annualized rate of 5.46%, from $1.93M in 2017 to $2.51M in 2022.

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

Austria-Rwanda Trade: In 2022, Austria exported $3.44M to Rwanda. The main products that Austria exported to Rwanda were Planes, Helicopters, and/or Spacecraft ($1.52M), Wood Carpentry ($539k), and Iron Structures ($521k). Over the past 5 years the exports of Austria to Rwanda have increased at an annualized rate of 9.98%, from $1.95M in 2017 to $3.44M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $2.51M to Austria. The main products exported from Rwanda to Austria were Raw Tin ($2.41M), Coffee ($86.5k), and Other Electrical Machinery ($12.9k). During the last 5 years the exports of Rwanda to Austria have increased at an annualized rate of 5.46%, from $1.93M in 2017 to $2.51M in 2022.

In 2017, Austria exported $3.44M to Rwanda. The main products exported from Austria to Rwanda were Planes, Helicopters, and/or Spacecraft ($1.52M), Wood Carpentry ($539k), and Iron Structures ($521k). During the last 5 years the exports of Austria to Rwanda have increased at an annualized rate of 9.98%, from $1.95M in 2022 to $3.44M in 2017.

Exports from Rwanda () to Austria () (2022)

Exports from Austria () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Austria ()

Rwanda Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Austria
Top DestinationGermany$57.7B

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

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

In 2022, countries that imported more from Austria than Rwanda included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

Difference in imports from Austria () and Rwanda () (2022)

Comparative Advantage Rwanda - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Austria in the exports of Metals ($2.41M), Vegetable Products ($87k), and Machines ($16.6k).

During 2017, Austria had a large net trade with Rwanda in the exports of Transportation ($1.55M), Metals ($662k), and Wood Products ($539k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Austria+$234kCoffee

Top Product Potential Austria Rwanda+$406kFlavored Water

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

Year

This visualization shows the product space at the HS4 level with the flags of Rwanda and Austria. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Rwanda.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Austria () (2022)

Exports from Austria () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Austria ()

Rwanda Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Rwanda () (2022)

Comparative Advantage Rwanda - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Austria () (2022)

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