Rwanda (RWA) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Rwanda-Denmark Trade: In 2022, Rwanda exported $127k to Denmark. The main products that Rwanda exported to Denmark were Coffee ($82.5k), Low-voltage Protection Equipment ($33.5k), and Knit Sweaters ($8.37k). Over the past 5 years the exports of Rwanda to Denmark have decreased at an annualized rate of 11.2%, from $230k in 2017 to $127k in 2022.

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

Denmark-Rwanda Trade: In 2022, Denmark exported $7.48M to Rwanda. The main products that Denmark exported to Rwanda were Dairy Machinery ($708k), Enzymes ($676k), and X-Ray Equipment ($530k). Over the past 5 years the exports of Denmark to Rwanda have increased at an annualized rate of 4.93%, from $5.88M in 2017 to $7.48M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $127k to Denmark. The main products exported from Rwanda to Denmark were Coffee ($82.5k), Low-voltage Protection Equipment ($33.5k), and Knit Sweaters ($8.37k). During the last 5 years the exports of Rwanda to Denmark have decreased at an annualized rate of 11.2%, from $230k in 2017 to $127k in 2022.

In 2017, Denmark exported $7.48M to Rwanda. The main products exported from Denmark to Rwanda were Dairy Machinery ($708k), Enzymes ($676k), and X-Ray Equipment ($530k). During the last 5 years the exports of Denmark to Rwanda have increased at an annualized rate of 4.93%, from $5.88M in 2022 to $7.48M in 2017.

Exports from Rwanda () to Denmark () (2022)

Exports from Denmark () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Denmark ()

Rwanda Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Rwanda than Denmark included Democratic Republic of the Congo ($450M), South Sudan ($22M), and Republic of the Congo ($19.9M).

In 2022, countries that imported more from Denmark than Rwanda included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Rwanda - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Denmark in the exports of Vegetable Products ($82.7k), Machines ($33.7k), and Textiles ($8.69k).

During 2017, Denmark had a large net trade with Rwanda in the exports of Machines ($3.66M), Instruments ($1.34M), and Chemical Products ($903k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Denmark+$218kCoffee

Top Product Potential Denmark Rwanda+$301kComputers

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

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Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Denmark () (2022)

Exports from Denmark () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Denmark ()

Rwanda Exports

Denmark Exports

Market Competitiveness

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

Comparative Advantage Rwanda - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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