Rwanda recorded a trade deficit of 225.70 USD Million in October of 2019. Balance of Trade in Rwanda averaged -199.84 USD Million from 1998 until 2019, 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. source: National Institute of Statistics of Rwanda

Balance of Trade in Rwanda is expected to be -100.30 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 2020, according to our econometric models.

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Rwanda Balance of Trade
Rwanda Trade Last Previous Highest Lowest Unit
Balance of Trade -225.70 -185.17 -100.59 -1268.30 USD Million [+]
Current Account -736.50 -699.10 99.12 -1352.50 USD Million [+]
Current Account to GDP -7.80 -7.70 1.80 -15.90 percent [+]
Imports 308.04 257.86 1859.00 156.90 USD Million [+]
Exports 82.34 72.70 590.80 37.16 USD Million [+]
Capital Flows -460.60 -396.60 426.80 -814.60 USD Million [+]
Terrorism Index 2.95 2.18 3.94 0.42 [+]
External Debt 3010.00 2453.00 3010.00 511.20 USD Million [+]
Foreign Direct Investment 305.50 270.70 314.70 118.67 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. This page provides - Rwanda Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Rwanda Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-225.70 -185.17 -100.59 -1268.30 1998 - 2019 USD Million Monthly




Country Last Previous
Argentina 1768.00 Oct/19 1744
Australia 4502.00 Oct/19 6847
Brazil 3428.00 Nov/19 1206
Canada -1078.50 Oct/19 -1229
China 387.27 Nov/19 425
Euro Area 18653.90 Sep/19 14277
France -4730.00 Oct/19 -5418
Germany 21508.00 Oct/19 21207
India -12120.00 Nov/19 -11010
Indonesia 161.30 Oct/19 -164
Italy 2779.30 Sep/19 2598
Japan 15.66 Oct/19 -128
Mexico -726.62 Oct/19 -116
Netherlands 6350.00 Oct/19 5383
Russia 12423.00 Oct/19 14148
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3783.84 Oct/19 3832
South Africa 3092.84 Oct/19 4533
South Korea 3370.00 Nov/19 5393
Spain -4262520.00 Sep/19 -3984934
Switzerland 2389.21 Oct/19 3046
Turkey -1808.39 Oct/19 -2070
United Kingdom -5188.00 Oct/19 -1922
United States -47199.00 Oct/19 -51100


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