Rwanda (RWA) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Rwanda-Romania Trade: In 2022, Rwanda exported $42.4k to Romania. The main products that Rwanda exported to Romania were Packing Bags ($9.63k), Other Plastic Sheetings ($9.2k), and Iron Housewares ($7.46k). Over the past 5 years the exports of Rwanda to Romania have decreased at an annualized rate of 27.8%, from $216k in 2017 to $42.4k in 2022.

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

Romania-Rwanda Trade: In 2022, Romania exported $317k to Rwanda. The main products that Romania exported to Rwanda were Cars ($80.4k), Vacuum Cleaners ($44.2k), and Interchangeable Tool Parts ($31k). Over the past 5 years the exports of Romania to Rwanda have decreased at an annualized rate of 12.8%, from $627k in 2017 to $317k in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Rwanda exported $42.4k to Romania. The main products exported from Rwanda to Romania were Packing Bags ($9.63k), Other Plastic Sheetings ($9.2k), and Iron Housewares ($7.46k). During the last 5 years the exports of Rwanda to Romania have decreased at an annualized rate of 27.8%, from $216k in 2017 to $42.4k in 2022.

In 2017, Romania exported $317k to Rwanda. The main products exported from Romania to Rwanda were Cars ($80.4k), Vacuum Cleaners ($44.2k), and Interchangeable Tool Parts ($31k). During the last 5 years the exports of Romania to Rwanda have decreased at an annualized rate of 12.8%, from $627k in 2022 to $317k in 2017.

Exports from Rwanda () to Romania () (2022)

Exports from Romania () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Romania ()

Rwanda Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Romania
Top DestinationGermany$18.8B

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 2022, countries that imported more from Rwanda than Romania included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and South Sudan ($22M).

In 2022, countries that imported more from Romania than Rwanda included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Rwanda - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Romania in the exports of Miscellaneous ($11.1k), Textiles ($9.63k), and Plastics and Rubbers ($9.2k).

During 2017, Romania had a large net trade with Rwanda in the exports of Machines ($130k), Transportation ($83.1k), and Metals ($37.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Romania () (2022)

Exports from Romania () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Romania ()

Rwanda Exports

Romania Exports

Market Competitiveness

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

Comparative Advantage Rwanda - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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