2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 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
$18,404CURRENT US$
Rnk 66 / 196
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Rwanda-Romania Trade: In 2023, Rwanda exported $160k to Romania. The main products that Rwanda exported to Romania were Coffee ($58.5k), Non-Knit Women's Coats ($54.4k), and Non-Knit Men's Coats ($45.1k). Over the past 5 years the exports of Rwanda to Romania have decreased at an annualized rate of 20.4%, from $501k in 2018 to $160k in 2023.

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

Romania-Rwanda Trade: In 2023, Romania exported $119k to Rwanda. The main products that Romania exported to Rwanda were Other Heating Machinery ($41.3k), Other Furniture ($19.5k), and Other Plastic Products ($10.8k). Over the past 5 years the exports of Romania to Rwanda have decreased at an annualized rate of 8.12%,  from $182k in 2018 to $119k in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $160k to Romania. The main products exported from Rwanda to Romania were Coffee ($58.5k), Non-Knit Women's Coats ($54.4k), and Non-Knit Men's Coats ($45.1k). During the last 5 years the exports of Rwanda to Romania have decreased at an annualized rate of 20.4%, from $501k in 2018 to $160k in 2023.

In 2018, Romania exported $119k to Rwanda. The main products exported from Romania to Rwanda were Other Heating Machinery ($41.3k), Other Furniture ($19.5k), and Other Plastic Products ($10.8k). During the last 5 years the exports of Romania to Rwanda have decreased at an annualized rate of 8.12%, from $182k in 2023 to $119k in 2018.

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

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

Latest Data

Trade between Rwanda (Flag) and Romania (Flag)

Rwanda Exports

Romania Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Romania
Top Destination
Germany$19.9B

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

In 2023, countries that imported more from Rwanda than Romania included United Arab Emirates ($895M), Kenya ($34.5M), and Uganda ($11M).

In 2023, countries that imported more from Romania than Rwanda included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Rwanda - Romania

Flow
Scale

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

During 2023, Rwanda had a large net trade with Romania in the exports of Textiles ($102k) and Vegetable Products ($58.5k).

During 2018, Romania had a large net trade with Rwanda in the exports of Machines ($58.3k), Miscellaneous ($24.7k), and Plastics and Rubbers ($11k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Romania+$16.6kTrunks and Cases
Top Product Potential Romania Rwanda+$188kCars

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

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

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