2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Rwanda-Singapore Trade: In 2023, Rwanda exported $160k to Singapore. The main products that Rwanda exported to Singapore were Coffee ($123k), Trunks and Cases ($10.6k), and Tea ($9.99k). Over the past 5 years the exports of Rwanda to Singapore have decreased at an annualized rate of 65.8%, from $34.5M in 2018 to $160k in 2023.

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

Singapore-Rwanda Trade: In 2023, Singapore exported $1.28M to Rwanda. The main products that Singapore exported to Rwanda were Computers ($473k), Glues ($285k), and Broadcasting Equipment ($151k). Over the past 5 years the exports of Singapore to Rwanda have decreased at an annualized rate of 43.8%,  from $22.7M in 2018 to $1.28M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $160k to Singapore. The main products exported from Rwanda to Singapore were Coffee ($123k), Trunks and Cases ($10.6k), and Tea ($9.99k). During the last 5 years the exports of Rwanda to Singapore have decreased at an annualized rate of 65.8%, from $34.5M in 2018 to $160k in 2023.

In 2018, Singapore exported $1.28M to Rwanda. The main products exported from Singapore to Rwanda were Computers ($473k), Glues ($285k), and Broadcasting Equipment ($151k). During the last 5 years the exports of Singapore to Rwanda have decreased at an annualized rate of 43.8%, from $22.7M in 2023 to $1.28M in 2018.

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

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

Latest Data

Trade between Rwanda (Flag) and Singapore (Flag)

Rwanda Exports

Singapore Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, no countries were registered that imported more from Rwanda than from Singapore.

In 2023, countries that imported more from Singapore than Rwanda included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Rwanda - Singapore

Flow
Scale

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

During 2023, Rwanda had a large net trade with Singapore in the exports of Vegetable Products ($133k), Machines ($16.2k), and Animal Hides ($10.6k).

During 2018, Singapore had a large net trade with Rwanda in the exports of Machines ($760k), Chemical Products ($411k), and Plastics and Rubbers ($69.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Singapore+$875kMachines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays
Top Product Potential Singapore Rwanda+$284kComputers

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

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

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