Rwanda (RWA) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Rwanda-Hong Kong Trade: In 2023, Rwanda exported $423k to Hong Kong. The main products that Rwanda exported to Hong Kong were Precious Stones ($337k), Telephones ($65.3k), and Trunks and Cases ($10.2k). Over the past 5 years the exports of Rwanda to Hong Kong have decreased at an annualized rate of 64%, from $69.5M in 2018 to $423k in 2023.

In 2023, Rwanda did not export any services to Hong Kong.

Hong Kong-Rwanda Trade: In 2023, Hong Kong exported $79.7M to Rwanda. The main products that Hong Kong exported to Rwanda were Broadcasting Equipment ($62M), Computers ($15.6M), and Telephones ($577k). Over the past 5 years the exports of Hong Kong to Rwanda have increased at an annualized rate of 33.8%, from $18.6M in 2018 to $79.7M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Rwanda exported $423k to Hong Kong. The main products exported from Rwanda to Hong Kong were Precious Stones ($337k), Telephones ($65.3k), and Trunks and Cases ($10.2k). During the last 5 years the exports of Rwanda to Hong Kong have decreased at an annualized rate of 64%, from $69.5M in 2018 to $423k in 2023.

In 2018, Hong Kong exported $79.7M to Rwanda. The main products exported from Hong Kong to Rwanda were Broadcasting Equipment ($62M), Computers ($15.6M), and Telephones ($577k). During the last 5 years the exports of Hong Kong to Rwanda have increased at an annualized rate of 33.8%, from $18.6M in 2023 to $79.7M in 2018.

Exports from Rwanda () to Hong Kong () (2023)

Exports from Hong Kong () to Rwanda () (2023)

Latest Data

Trade between Rwanda () and Hong Kong ()

Rwanda Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$895M

Hong Kong
Top DestinationChina$25.3B

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 2023, countries that imported more from Rwanda than Hong Kong included Uganda ($11M).

In 2023, countries that imported more from Hong Kong than Rwanda included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Rwanda () (2023)

Comparative Advantage Rwanda - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Rwanda had a large net trade with Hong Kong in the exports of Precious Metals ($337k), Machines ($75.6k), and Animal Hides ($10.2k).

During 2018, Hong Kong had a large net trade with Rwanda in the exports of Machines ($78.7M), Instruments ($674k), and Animal Hides ($109k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Hong Kong () (2023)

Exports from Hong Kong () to Rwanda () (2023)

Latest Data

Trade between Rwanda () and Hong Kong ()

Rwanda Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Rwanda () (2023)

Comparative Advantage Rwanda - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Hong Kong () (2023)

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