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2023
Flag → Flag
Exports $4.38MRnk 147 / 216
2023
Flag → Flag
Top Product $1.83MOther Plastic Products
2023
Flag → Flag
Exports $10.6MRnk 13 / 110
2023
Flag → Flag
Top Product $10.6MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Sweden-Rwanda Trade: In 2023, Sweden exported $4.38M to Rwanda. The main products that Sweden exported to Rwanda were Other Plastic Products ($1.83M), Computers ($444k), and Medical Instruments ($368k). Over the past 5 years the exports of Sweden to Rwanda have decreased at an annualized rate of 42.5%, from $69.5M in 2018 to $4.38M in 2023.

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

Rwanda-Sweden Trade: In 2023, Rwanda exported $10.6M to Sweden. The main products that Rwanda exported to Sweden were Coffee ($10.6M), Tea ($26.6k), and Glands and Other Organs ($3.3k). Over the past 5 years the exports of Rwanda to Sweden have increased at an annualized rate of 12.7%,  from $5.85M in 2018 to $10.6M in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Sweden exported SEK297k and imported SEK14.6M from Rwanda, resulting in a negative trade balance of SEK14.3M. Between November 2023 and November 2024 the exports of Sweden have decreased by SEK-975k (-76.7%) from SEK1.27M to SEK297k, while imports increased by SEK14.4M (11.2k%) from SEK129k to SEK14.6M.

Trade In November 2024, the top exports of Sweden to Rwanda were Washing and Bottling Machines (SEK137k), Commodities not elsewhere specified (SEK50k), Sports Equipment (SEK47k), Chemical Analysis Instruments (SEK32k), and Imitation Jewellery (SEK2k). In November 2024 the top imports of Sweden from Rwanda were Coffee (SEK15.3M) and Knit Sweaters (SEK1k).

Growth In November 2024, the decrease in Sweden's year-by-year exports to Rwanda was explained primarily by an decrease in product exports in . In November 2024, the increase in Sweden's year-by-year imports  from Rwanda was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)SEK-975k(-76.7%)
IMPORT GROWTH (November 2023 - November 2024)SEK14.4M(11.2k%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Rwanda and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $4.38M to Rwanda. The main products exported from Sweden to Rwanda were Other Plastic Products ($1.83M), Computers ($444k), and Medical Instruments ($368k). During the last 5 years the exports of Sweden to Rwanda have decreased at an annualized rate of 42.5%, from $69.5M in 2018 to $4.38M in 2023.

In 2018, Rwanda exported $10.6M to Sweden. The main products exported from Rwanda to Sweden were Coffee ($10.6M), Tea ($26.6k), and Glands and Other Organs ($3.3k). During the last 5 years the exports of Rwanda to Sweden have increased at an annualized rate of 12.7%, from $5.85M in 2023 to $10.6M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Sweden than Rwanda included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - Rwanda

Flow
Scale

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

During 2023, Sweden had a large net trade with Rwanda in the exports of Plastics and Rubbers ($1.97M), Machines ($1.23M), and Instruments ($544k).

During 2018, Rwanda had a large net trade with Sweden in the exports of Vegetable Products ($10.6M), Textiles ($6.41k), and Chemical Products ($3.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Rwanda+$1.1MTelephones
Top Product Potential Rwanda Sweden+$714kCoffee

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

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

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