Rwanda recorded a trade deficit of 194.20 USD Million in December of 2020. source: National Institute of Statistics of Rwanda

Balance of Trade in Rwanda averaged -194.47 USD Million from 1998 until 2020, reaching an all time high of -100.59 USD Million in October of 2016 and a record low of -1268.30 USD Million in December of 2012. This page provides - Rwanda Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Balance of Trade - values, historical data and charts - was last updated on July of 2021.

Balance of Trade in Rwanda is expected to be -100.29 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Rwanda to stand at -100.30 in 12 months time. In the long-term, the Rwanda Balance of Trade is projected to trend around -100.30 USD Million in 2022, according to our econometric models.

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Rwanda Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-162.40 -193.40 -100.59 -1268.30 1998 - 2021 USD Million Monthly

Rwanda Trade Last Previous Highest Lowest Unit
Balance of Trade -162.40 -193.40 -100.59 -1268.30 USD Million [+]
Current Account -1234.87 -1253.74 99.12 -1352.50 USD Million [+]
Current Account to GDP -8.70 -7.80 1.80 -15.90 percent of GDP [+]
Imports 271.10 290.00 1859.00 156.90 USD Million [+]
Exports 108.80 96.60 590.80 37.16 USD Million [+]
Capital Flows -733.20 -402.30 426.80 -814.60 USD Million [+]
Terrorism Index 3.75 2.95 3.94 0.42 [+]
Foreign Direct Investment 99.92 384.46 384.46 99.92 USD Million [+]
External Debt 3010.00 2452.60 3010.00 511.20 USD Million [+]

Rwanda Balance of Trade
Rwanda's exports remained dominated by traditional products such as coffee, tea and minerals like tin, coltan, wolfram and cassiterite. Rwanda's main exports partners are China, Germany and United States. Rwanda imports mainly food products, machinery and equipment, construction materials, petroleum products and fertilizers. Main imports partners are Kenya, Germany, Uganda and Belgium.