Country intelligence · RWA · 2024

Rwanda trade profile

In 2024, Rwanda recorded $2.2B in merchandise exports and $2.3B in imports, producing a $107.7M trade deficit. Exports changed +38.7% from the previous year, while imports changed +34.5%.[1]

Exports

$2.2B

+38.7%

Imports

$2.3B

+34.5%

Trade balance

-$107.7M

deficit

Active partners

270

0 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$2.2B$2.3B-$107.7M+38.7%
2023$1.6B$1.7B-$129.2M+9.3%
2022$1.5B$3.5B-$2.0B+39.5%
2021$1.0B$2.9B-$1.8B-0.3%
2020$1.0B$2.8B-$1.7B+27.0%
2019$825.3M$2.3B-$1.5B-18.9%
2018$1.0B$2.4B-$1.4B+43.2%
2017$710.9M$2.2B-$1.5B+40.5%
2016$506.0M$2.6B-$2.1B+14.0%
2015$444.0M$2.1B-$1.7B-14.5%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

30 active HS6 lines · 27 export partners

$1.1B
2

HS 26 · HS chapter

36 active HS6 lines · 29 export partners

$362.4M
3

HS 09 · HS chapter

38 active HS6 lines · 111 export partners

$256.6M
4

HS 19 · HS chapter

19 active HS6 lines · 26 export partners

$52.7M
5

HS 11 · HS chapter

22 active HS6 lines · 32 export partners

$51.0M
6

HS 27 · Mineral fuels and oils

32 active HS6 lines · 37 export partners

$49.5M
7

HS 88 · HS chapter

15 active HS6 lines · 29 export partners

$49.1M
8

HS 80 · HS chapter

5 active HS6 lines · 20 export partners

$23.7M

Leading export markets

Destinations rank bilateral export flows from Rwanda; growth describes each corridor rather than the whole economy.

1

United Arab Emirates

Annual change +49.8% · 3-year CAGR 36.7%

$1.2B
2

DR Congo

Annual change +25.0% · 3-year CAGR 15.7%

$167.4M
3

China

Annual change +39.2% · 3-year CAGR 83.6%

$131.8M
4

Singapore

Annual change +41.8% · 3-year CAGR 32.3%

$54.2M
5

Poland

Annual change +2628.8% · 3-year CAGR 231.6%

$49.7M
6

United Kingdom

Annual change +21.4% · 3-year CAGR 19.7%

$46.8M
7

Pakistan

Annual change +23.8% · 3-year CAGR 11.2%

$46.0M
8

Switzerland

Annual change +29.2% · 3-year CAGR 27.5%

$39.9M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.