Rwanda (RWA) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Rwanda-Ecuador Trade: In 2023, Rwanda exported $415 to Ecuador. The main products that Rwanda exported to Ecuador were Non-Knit Men's Coats ($415). Over the past 6 years the exports of Rwanda to Ecuador have decreased at an annualized rate of 48%, from $21.1k in 2017 to $415 in 2023.

In 2023, Rwanda did not export any services to Ecuador.

Ecuador-Rwanda Trade: In 2023, Ecuador exported $13.7k to Rwanda. The main products that Ecuador exported to Rwanda were N/A. Over the past 6 years the exports of Ecuador to Rwanda have increased at an annualized rate of 31.6%, from $3.48k in 2017 to $13.7k in 2023.

In 2023, Ecuador did not export any services to Rwanda.

Comparison In 2023, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Rwanda exported $415 to Ecuador. The main products exported from Rwanda to Ecuador were Non-Knit Men's Coats ($415). During the last 6 years the exports of Rwanda to Ecuador have decreased at an annualized rate of 48%, from $21.1k in 2017 to $415 in 2023.

In 2017, Ecuador exported $13.7k to Rwanda. There were not main exports from Ecuador to Rwanda in 2017. During the last 5 years the exports of Ecuador to Rwanda have increased at an annualized rate of 31.6%, from $3.48k in 2022 to $13.7k in 2017.

Exports from Rwanda () to Ecuador () (2023)

Exports from Ecuador () to Rwanda () (2023)

Latest Data

Trade between Rwanda () and Ecuador ()

Rwanda Exports

Date

Aug 2016

Jan 2013

Ecuador Exports

Date

Nov 2013

May 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$895M

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Rwanda than Ecuador included United Arab Emirates ($895M), Kenya ($34.5M), and Pakistan ($26.8M).

In 2023, countries that imported more from Ecuador than Rwanda included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

Difference in imports from Ecuador () and Rwanda () (2023)

Comparative Advantage Rwanda - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Rwanda had a large net trade with Ecuador in the exports of Textiles ($415).

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Ecuador+$1.92kCoffee

Top Product Potential Ecuador Rwanda+$1.91kProcessed Fish

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

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Ecuador () (2023)

Exports from Ecuador () to Rwanda () (2023)

Latest Data

Trade between Rwanda () and Ecuador ()

Rwanda Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Rwanda () (2023)

Comparative Advantage Rwanda - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Ecuador () (2023)

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