2022
Exports
$2.15MWorld Rnk 54 / 162
Flag Rnk 71 / 885
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$6.02kWorld Rnk 153 / 185
Flag Rnk 964 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $2.15M in Precious Stones, making it the 54th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 71st most exported product in Rwanda. The main destination of Precious Stones exports from Rwanda are: China ($885k), India ($792k), Hong Kong ($359k), Thailand ($53.1k), and United States ($47.2k).

The fastest growing export markets for Precious Stones of Rwanda between 2021 and 2022 were India ($396k), China ($352k), and United States ($38.5k).

Imports In 2022, Rwanda imported $6.02k in Precious Stones, becoming the 153rd largest importer of Precious Stones in the world. At the same year, Precious Stones was the 964th most imported product in Rwanda. Rwanda imports Precious Stones primarily from: Sri Lanka ($5.24k), Thailand ($752), China ($16), and Madagascar ($11).

The fastest growing import markets in Precious Stones for Rwanda between 2021 and 2022 were Sri Lanka ($5.24k), Thailand ($752), and Madagascar ($11).

Latest Trends

Aug 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 Precious Stones. 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)$2.15M
IMPORTS (2022)$6.02k
NET TRADE (2022)$2.15M

In 2022, Rwanda exported $2.15M in Precious Stones. The main destinations of Rwanda exports on Precious Stones were China ($885k), India ($792k), Hong Kong ($359k), Thailand ($53.1k), and United States ($47.2k).

In 2022, Rwanda imported $6.02k in Precious Stones, mainly from Sri Lanka ($5.24k), Thailand ($752), China ($16), and Madagascar ($11).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
India$396k (99.8%)
China$352k (66.1%)
United States$38.5k (447%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Rwanda WERE (2021 - 2022):
Hong Kong-$50.1k (-12.3%)
Thailand-$22.1k (-29.4%)
Kenya-$21.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Precious Stones were:
In 2022, Rwanda's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.23M
TOP IMPORT POTENTIALIndia+ $412

Precious Stones’s highest export potential is China. With an export gap of $1.23M.   Precious Stones’s highest import potential is India with an import gap of $412.

See methodology.

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