2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$1,010CURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Rwanda-India Trade: In 2023, Rwanda exported $17.3M to India. The main products that Rwanda exported to India were Raw Lead ($11.4M), Essential Oils ($2.35M), and Precious Stones ($876k). Over the past 5 years the exports of Rwanda to India have increased at an annualized rate of 17.8%, from $7.63M in 2018 to $17.3M in 2023.

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

India-Rwanda Trade: In 2023, India exported $150M to Rwanda. The main products that India exported to Rwanda were Packaged Medicaments ($32.5M), Motorcycles and cycles ($11M), and Alcohol > 80% ABV ($10.3M). Over the past 5 years the exports of India to Rwanda have decreased at an annualized rate of 13%,  from $300M in 2018 to $150M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $17.3M to India. The main products exported from Rwanda to India were Raw Lead ($11.4M), Essential Oils ($2.35M), and Precious Stones ($876k). During the last 5 years the exports of Rwanda to India have increased at an annualized rate of 17.8%, from $7.63M in 2018 to $17.3M in 2023.

In 2018, India exported $150M to Rwanda. The main products exported from India to Rwanda were Packaged Medicaments ($32.5M), Motorcycles and cycles ($11M), and Alcohol > 80% ABV ($10.3M). During the last 5 years the exports of India to Rwanda have decreased at an annualized rate of 13%, from $300M in 2023 to $150M in 2018.

Exports from Rwanda (Flag) to India (Flag) (2023)

Exports from India (Flag) to Rwanda (Flag) (2023)

Latest Data

Trade between Rwanda (Flag) and India (Flag)

Rwanda Exports

India Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from Rwanda than from India.

In 2023, countries that imported more from India than Rwanda included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Rwanda (Flag) (2023)

Comparative Advantage Rwanda - India

Flow
Scale

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

During 2023, Rwanda had a large net trade with India in the exports of Metals ($12.1M), Chemical Products ($2.41M), and Vegetable Products ($1.36M).

During 2018, India had a large net trade with Rwanda in the exports of Chemical Products ($44.1M), Machines ($26.1M), and Foodstuffs ($20.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda India+$58.9MGold
Top Product Potential India Rwanda+$9.06MPackaged Medicaments

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

Product Space of Rwanda (Flag) and India (Flag) (2023)

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