2022
Exports
$2.37MWorld Rnk 83 / 151
Flag Rnk 68 / 885
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$40MWorld Rnk 103 / 214
Flag Rnk 16 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $2.37M in Hot-Rolled Iron, making it the 83rd largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 68th most exported product in Rwanda. The main destination of Hot-Rolled Iron exports from Rwanda are: Democratic Republic of the Congo ($2.32M) and Burundi ($49.9k).

The fastest growing export markets for Hot-Rolled Iron of Rwanda between 2021 and 2022 were Democratic Republic of the Congo ($1.42M) and Burundi ($49.9k).

Imports In 2022, Rwanda imported $40M in Hot-Rolled Iron, becoming the 103rd largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 16th most imported product in Rwanda. Rwanda imports Hot-Rolled Iron primarily from: China ($34.6M), Kenya ($2.77M), Tanzania ($2.14M), India ($232k), and Turkey ($107k).

The fastest growing import markets in Hot-Rolled Iron for Rwanda between 2021 and 2022 were China ($26.5M), Tanzania ($2.11M), and Kenya ($906k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hot-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.37M
IMPORTS (2022)$40M
NET TRADE (2022)-$37.6M

In 2022, Rwanda exported $2.37M in Hot-Rolled Iron. The main destinations of Rwanda exports on Hot-Rolled Iron were Democratic Republic of the Congo ($2.32M) and Burundi ($49.9k).

In 2022, Rwanda imported $40M in Hot-Rolled Iron, mainly from China ($34.6M), Kenya ($2.77M), Tanzania ($2.14M), India ($232k), and Turkey ($107k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Rwanda WERE (2021 - 2022):Tanzania-$453 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Rwanda's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.86k
TOP IMPORT POTENTIALChina+ $1.29M

Hot-Rolled Iron’s highest export potential is United States. With an export gap of $1.86k.   Hot-Rolled Iron’s highest import potential is China with an import gap of $1.29M.

See methodology.

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