Rwanda (RWA) and Peru (PER) Trade | The Observatory of Economic Complexity

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Rwanda-Peru Trade: In 2022, Rwanda exported $6.62k to Peru. The main products that Rwanda exported to Peru were Tea ($6.62k). Over the past 6 years the exports of Rwanda to Peru have decreased at an annualized rate of 19.3%, from $23.9k in 2016 to $6.62k in 2022.

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

Peru-Rwanda Trade: In 2022, Peru exported $54.2k to Rwanda. The main products that Peru exported to Rwanda were Motor vehicles; parts and accessories (8701 to 8705) ($16.7k), Air Pumps ($8.04k), and Engine Parts ($7.45k). Over the past 6 years the exports of Peru to Rwanda have decreased at an annualized rate of 27.1%, from $262k in 2016 to $54.2k in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $6.62k to Peru. The main products exported from Rwanda to Peru were Tea ($6.62k). During the last 6 years the exports of Rwanda to Peru have decreased at an annualized rate of 19.3%, from $23.9k in 2016 to $6.62k in 2022.

In 2017, Peru exported $54.2k to Rwanda. The main products exported from Peru to Rwanda were Motor vehicles; parts and accessories (8701 to 8705) ($16.7k), Air Pumps ($8.04k), and Engine Parts ($7.45k). During the last 5 years the exports of Peru to Rwanda have decreased at an annualized rate of 27.1%, from $262k in 2022 to $54.2k in 2017.

Exports from Rwanda () to Peru () (2022)

Exports from Peru () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Peru ()

Peru Exports

Date

Sep 2016

Apr 2016

Jan 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Rwanda than Peru included Democratic Republic of the Congo ($450M), Ethiopia ($55.2M), and Kenya ($34.2M).

In 2022, countries that imported more from Peru than Rwanda included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

Difference in imports from Peru () and Rwanda () (2022)

Comparative Advantage Rwanda - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Peru in the exports of Vegetable Products ($6.62k).

During 2017, Peru had a large net trade with Rwanda in the exports of Machines ($27k), Transportation ($16.7k), and Plastics and Rubbers ($3.87k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Peru+$19.8kTea

Top Product Potential Peru Rwanda+$29.8kMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Peru () (2022)

Exports from Peru () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Peru ()

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Rwanda () (2022)

Comparative Advantage Rwanda - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Peru () (2022)

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