2022
Flag  
GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC 
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

In N/A, Rwanda did not export any services to Mongolia.

Mongolia-Rwanda In N/A, Mongolia did not export any products to Rwanda.

In N/A, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

Rwanda does not register exports to Mongolia.

Mongolia does not register exports to Rwanda. The main products exported from Mongolia to Rwanda were Glues ($4.2k) and Glaziers Putty ($3.27k).

Exports from Rwanda (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Rwanda (Flag) (2022)

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$568M
Mongolia
Top Destination
China$10.6B

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

In 2022, countries that imported more from Rwanda than Mongolia included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

In 2022, countries that imported more from Mongolia than Rwanda included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

Difference in imports from Mongolia (Flag) and Rwanda (Flag) (2022)

Comparative Advantage Rwanda - Mongolia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Mongolia+$1.11kMalt Extract
Top Product Potential Mongolia Rwanda+$1.76kCoal Briquettes

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

Product Space of Rwanda (Flag) and Mongolia (Flag) (2022)

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