2023
Flag  
GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 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
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Rwanda-Zimbabwe Trade: In 2023, Rwanda exported $64.5k to Zimbabwe. The main products that Rwanda exported to Zimbabwe were Bovine ($42.2k), Fruit Pressing Machinery ($7.8k), and Office Machine Parts ($4.28k). Over the past 5 years the exports of Rwanda to Zimbabwe have decreased at an annualized rate of 25.8%, from $286k in 2018 to $64.5k in 2023.

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

Zimbabwe-Rwanda Trade: In 2023, Zimbabwe exported $22.9k to Rwanda. The main products that Zimbabwe exported to Rwanda were Other Heating Machinery ($21.4k) and Sowing Seeds ($1.5k). Over the past 5 years the exports of Zimbabwe to Rwanda have decreased at an annualized rate of 12%,  from $43.4k in 2018 to $22.9k in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Rwanda exported $64.5k to Zimbabwe. The main products exported from Rwanda to Zimbabwe were Bovine ($42.2k), Fruit Pressing Machinery ($7.8k), and Office Machine Parts ($4.28k). During the last 5 years the exports of Rwanda to Zimbabwe have decreased at an annualized rate of 25.8%, from $286k in 2018 to $64.5k in 2023.

In 2018, Zimbabwe exported $22.9k to Rwanda. The main products exported from Zimbabwe to Rwanda were Other Heating Machinery ($21.4k) and Sowing Seeds ($1.5k). During the last 5 years the exports of Zimbabwe to Rwanda have decreased at an annualized rate of 12%, from $43.4k in 2023 to $22.9k in 2018.

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

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

Latest Data

Trade between Rwanda (Flag) and Zimbabwe (Flag)

Rwanda Exports

Zimbabwe Exports

Market Competitiveness

Color
Rwanda
Top Destination
United Arab Emirates$895M
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

In 2023, countries that imported more from Rwanda than Zimbabwe included Thailand ($31.5M), Malaysia ($23M), and Pakistan ($26.8M).

In 2023, countries that imported more from Zimbabwe than Rwanda included United Arab Emirates ($4.1B), China ($1.6B), and South Africa ($1.39B).

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

Comparative Advantage Rwanda - Zimbabwe

Flow
Scale

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

During 2023, Rwanda had a large net trade with Zimbabwe in the exports of Animal Products ($42.7k), Machines ($17.2k), and Textiles ($3.69k).

During 2018, Zimbabwe had a large net trade with Rwanda in the exports of Machines ($21.4k) and Vegetable Products ($1.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Zimbabwe+$2.74kGold
Top Product Potential Zimbabwe Rwanda+$2.45kGold

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

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

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