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2020
Exports $220World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2020
Imports $78.7kWorld Rnk 127 / 185
Flag Rnk 729 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda-0.53Rnk 89 / 133

About

Imports In 2022, Rwanda imported $78.7k in Nitric Acids, becoming the 127th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 729th most imported product in Rwanda. Rwanda imports Nitric Acids primarily from: South Korea ($29.9k), Netherlands ($15.8k), France ($12.7k), Belgium ($11.5k), and United Kingdom ($5.13k).

The fastest growing import markets in Nitric Acids for Rwanda between 2021 and 2022 were South Korea ($18.8k), Netherlands ($15.8k), and Belgium ($9.83k).

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 Nitric Acids. 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 (2020)$220
IMPORTS (2022)$78.7k
NET TRADE (2022)-$78.7k

In 2022, Rwanda imported $78.7k in Nitric Acids, mainly from South Korea ($29.9k), Netherlands ($15.8k), France ($12.7k), Belgium ($11.5k), and United Kingdom ($5.13k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Nitric Acids were:
South Korea $154M
Belgium $142M
Germany $100M
In 2022, Rwanda's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $311
TOP IMPORT POTENTIALBelgium+ $1.52k

Nitric Acids’s highest export potential is France. With an export gap of $311.   Nitric Acids’s highest import potential is Belgium with an import gap of $1.52k.

See methodology.

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