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Pricing

2022
Flag → Flag
Exports $654Rnk 164 / 168
2022
Flag → Flag
Top Product $654Video Displays
2022
Flag → Flag
Exports $10.1kRnk 110 / 142
2022
Flag → Flag
Top Product $9.8kCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Uruguay-Rwanda Trade: In 2022, Uruguay exported $654 to Rwanda. The main products that Uruguay exported to Rwanda were Video Displays ($654). Over the past 9 years the exports of Uruguay to Rwanda have decreased at an annualized rate of 33.2%, from $24.5k in 2013 to $654 in 2022.

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

Rwanda-Uruguay Trade: In 2022, Rwanda exported $10.1k to Uruguay. The main products that Rwanda exported to Uruguay were Coffee ($9.8k) and Tea ($316). Over the past 9 years the exports of Rwanda to Uruguay have decreased at an annualized rate of 35.7%,  from $92k in 2013 to $10.1k in 2022.

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

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $654 to Rwanda. The main products exported from Uruguay to Rwanda were Video Displays ($654). During the last 9 years the exports of Uruguay to Rwanda have decreased at an annualized rate of 33.2%, from $24.5k in 2013 to $654 in 2022.

In 2017, Rwanda exported $10.1k to Uruguay. The main products exported from Rwanda to Uruguay were Coffee ($9.8k) and Tea ($316). During the last 5 years the exports of Rwanda to Uruguay have decreased at an annualized rate of 35.7%, from $92k in 2022 to $10.1k in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Rwanda (Flag)

Uruguay Exports

Rwanda Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from Uruguay than Rwanda included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Rwanda than Uruguay included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

Difference in imports from Rwanda (Flag) and Uruguay (Flag) (2022)

Comparative Advantage Uruguay - Rwanda

Flow
Scale

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

During 2022, Uruguay had a large net trade with Rwanda in the exports of Machines ($654).

During 2017, Rwanda had a large net trade with Uruguay in the exports of Vegetable Products ($10.1k).

Potential Exports

Potential Exports

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

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

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

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