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2022
Flag → Flag
Exports $39.9MRnk 9 / 142
2022
Flag → Flag
Top Product $16.1MTungsten Ore
2022
Flag → Flag
Exports $33.7MRnk 97 / 198
2022
Flag → Flag
Top Product $10MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Rwanda-Hong Kong Trade: In 2022, Rwanda exported $39.9M to Hong Kong. The main products that Rwanda exported to Hong Kong were Tungsten Ore ($16.1M), Niobium, Tantalum, Vanadium and Zirconium Ore ($14.2M), and Tin Ores ($7.42M). Over the past 5 years the exports of Rwanda to Hong Kong have decreased at an annualized rate of 15.9%, from $94.9M in 2017 to $39.9M in 2022.

In 2022, Rwanda did not export any services to Hong Kong.

Hong Kong-Rwanda Trade: In 2022, Hong Kong exported $33.7M to Rwanda. The main products that Hong Kong exported to Rwanda were Broadcasting Equipment ($10M), Electrical Transformers ($3.28M), and Refined Petroleum ($2.67M). Over the past 5 years the exports of Hong Kong to Rwanda have increased at an annualized rate of 18.3%,  from $14.5M in 2017 to $33.7M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $39.9M to Hong Kong. The main products exported from Rwanda to Hong Kong were Tungsten Ore ($16.1M), Niobium, Tantalum, Vanadium and Zirconium Ore ($14.2M), and Tin Ores ($7.42M). During the last 5 years the exports of Rwanda to Hong Kong have decreased at an annualized rate of 15.9%, from $94.9M in 2017 to $39.9M in 2022.

In 2017, Hong Kong exported $33.7M to Rwanda. The main products exported from Hong Kong to Rwanda were Broadcasting Equipment ($10M), Electrical Transformers ($3.28M), and Refined Petroleum ($2.67M). During the last 5 years the exports of Hong Kong to Rwanda have increased at an annualized rate of 18.3%, from $14.5M in 2022 to $33.7M in 2017.

Exports from Rwanda (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Rwanda (Flag) (2022)

Latest Data

Trade between Rwanda (Flag) and Hong Kong (Flag)

Rwanda Exports

Hong Kong Exports

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Rwanda than Hong Kong included Democratic Republic of the Congo ($450M), South Sudan ($22M), and Burundi ($5.9M).

In 2022, countries that imported more from Hong Kong than Rwanda included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Rwanda (Flag) (2022)

Comparative Advantage Rwanda - Hong Kong

Flow
Scale

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

During 2022, Rwanda had a large net trade with Hong Kong in the exports of Mineral Products ($39.3M), Precious Metals ($366k), and Vegetable Products ($117k).

During 2017, Hong Kong had a large net trade with Rwanda in the exports of Machines ($21.8M), Mineral Products ($2.67M), and Textiles ($2.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Hong Kong+$337kPrecious Stones
Top Product Potential Hong Kong Rwanda+$1.39MComputers

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

Product Space of Rwanda (Flag) and Hong Kong (Flag) (2022)

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