2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 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
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195

About

Rwanda-Uruguay Trade: In 2023, Rwanda exported $12.6k to Uruguay. The main products that Rwanda exported to Uruguay were Coffee ($12.5k) and Tea ($132). Over the past 5 years the exports of Rwanda to Uruguay have decreased at an annualized rate of 42.6%, from $202k in 2018 to $12.6k in 2023.

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

Uruguay-Rwanda Trade: In 2023, Uruguay exported $654 to Rwanda. The main products that Uruguay exported to Rwanda were N/A. Over the past 5 years the exports of Uruguay to Rwanda have decreased at an annualized rate of 84.9%,  from $8.37M in 2018 to $654 in 2023.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $12.6k to Uruguay. The main products exported from Rwanda to Uruguay were Coffee ($12.5k) and Tea ($132). During the last 5 years the exports of Rwanda to Uruguay have decreased at an annualized rate of 42.6%, from $202k in 2018 to $12.6k in 2023.

In 2017, Uruguay exported $654 to Rwanda. There were not main exports from Uruguay to Rwanda in 2017. During the last 5 years the exports of Uruguay to Rwanda have decreased at an annualized rate of 84.9%, from $8.37M in 2022 to $654 in 2017.

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

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

Latest Data

Trade between Rwanda (Flag) and Uruguay (Flag)

Rwanda Exports

Uruguay Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from Rwanda than Uruguay included United Arab Emirates ($895M), Kenya ($34.5M), and Pakistan ($26.8M).

In 2023, countries that imported more from Uruguay than Rwanda included China ($2.34B), Brazil ($1.92B), and United States ($880M).

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

Comparative Advantage Rwanda - Uruguay

Flow
Scale

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

During 2023, Rwanda had a large net trade with Uruguay in the exports of Vegetable Products ($12.6k).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Uruguay+$27.6kCoffee
Top Product Potential Uruguay Rwanda+$1.75kRice

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

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

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