2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
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GDP GROWTH
80.3%CURRENT US$
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2023
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 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 195
2023
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GDP PC 
$1,010CURRENT US$
Rnk 176 / 195
2013-2023
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GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195
2023
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GDP PC
$1,378CURRENT US$
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2013-2023
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GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Rwanda-Nepal Trade: In 2022, Rwanda exported $584 to Nepal. The main products that Rwanda exported to Nepal were N/A. Over the past 6 years the exports of Rwanda to Nepal have decreased at an annualized rate of 56.4%, from $85k in 2016 to $584 in 2022.

In 2022, Rwanda did not export any services to Nepal.

Nepal-Rwanda Trade: In 2022, Nepal exported $16.7k to Rwanda. The main products that Nepal exported to Rwanda were N/A. Over the past 6 years the exports of Nepal to Rwanda have increased at an annualized rate of 18.6%,  from $7.12k in 2016 to $16.7k in 2022.

In 2022, Nepal did not export any services to Rwanda.

Comparison In 2023,  Rwanda ranked 154 in total exports ($1.35B). That same year, Nepal ranked 156 in total exports ($1.21B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $584 to Nepal. There were not main exports from Rwanda to Nepal in 2022. During the last 6 years the exports of Rwanda to Nepal have decreased at an annualized rate of 56.4%, from $85k in 2016 to $584 in 2022.

In 2017, Nepal exported $16.7k to Rwanda. There were not main exports from Nepal to Rwanda in 2017. During the last 5 years the exports of Nepal to Rwanda have increased at an annualized rate of 18.6%, from $7.12k in 2022 to $16.7k in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Nepal (Flag)

Rwanda Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Rwanda than Nepal included United Arab Emirates ($895M), China ($131M), and Kenya ($34.5M).

In 2023, countries that imported more from Nepal than Rwanda included India ($811M), United States ($140M), and Germany ($38.8M).

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

Comparative Advantage Rwanda - Nepal

Flow
Scale

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

During 2022, Rwanda had a large net trade with Nepal in the exports of .

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Nepal+$3.48kGold
Top Product Potential Nepal Rwanda+$1.83kPalm Oil

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

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

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