2023
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GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
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GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
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 GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH
-11.8%CURRENT US$
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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
$13,817CURRENT US$
Rnk 74 / 196
2013-2023
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GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195

About

Rwanda-Russia Trade: In 2022, Rwanda exported $4.12M to Russia. The main products that Rwanda exported to Russia were N/A. Over the past 5 years the exports of Rwanda to Russia have increased at an annualized rate of 13%, from $2.24M in 2017 to $4.12M in 2022.

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

Russia-Rwanda Trade: In 2022, Russia exported $38.9M to Rwanda. The main products that Russia exported to Rwanda were N/A. Over the past 5 years the exports of Russia to Rwanda have decreased at an annualized rate of 0.68%,  from $42.2M in 2017 to $38.9M in 2022.

In 2020, Russia exported services to Rwanda worth $68k, with Other business services ($41k), Transportation ($12k), and Financial services ($12k) being the largest in terms of value.

Comparison In 2023,  Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Rwanda exported $4.12M to Russia. There were not main exports from Rwanda to Russia in 2022. During the last 5 years the exports of Rwanda to Russia have increased at an annualized rate of 13%, from $2.24M in 2017 to $4.12M in 2022.

In 2017, Russia exported $38.9M to Rwanda. There were not main exports from Russia to Rwanda in 2017. During the last 5 years the exports of Russia to Rwanda have decreased at an annualized rate of 0.68%, from $42.2M in 2022 to $38.9M in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Russia (Flag)

Rwanda Exports

Russia Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Russia
Top Destination
China$129B

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

In 2023, countries that imported more from Rwanda than Russia included Lesotho ($267).

In 2023, countries that imported more from Russia than Rwanda included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Rwanda - Russia

Flow
Scale

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

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Russia+$3.96kCoffee
Top Product Potential Russia Rwanda+$3.72kRefined Petroleum

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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Bilateral Service Trade

In 2020, Russia exported services to Rwanda worth $68k, with Other business services ($41k), Transportation ($12k), and Financial services ($12k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Rwanda (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Rwanda and Russia. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Rwanda.

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

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