Exports The top exports of Rwanda are Gold ($444M), Refined Petroleum ($137M), Coffee ($75.5M), Tea ($72.5M), and Tin Ores ($71.2M), exporting mostly to United Arab Emirates ($470M), Democratic Republic of the Congo ($371M), Uganda ($61.2M), United States ($45.2M), and Thailand ($37.1M).
Contents
What are the main exports of Rwanda?
Rwanda’s major exports are coffee, tea, tin cassiterite, Wolfframite, and pyrethrum. Coffee makes up between 50% to 80% of the total export.
What does Rwanda export to other countries?
Trade is very concentrated on a few key export products. Rwanda’s top five merchandise exports are coffee, tea and the minerals niobium, tin, and tungsten. Moving to specialty markets has increased the value of Rwanda’s exports, particularly for tea.
What products does Rwanda import?
Rwanda imports mainly food products, machinery and equipment, construction materials, petroleum products and fertilizers. Main imports partners are Kenya, Germany, Uganda and Belgium.
What are the 3 most common products exported?
Here are the top 10 exported products in the world in 2016 by total value shipped worldwide in 2016.
- Cars ($1,350B)
- Refined Petroleum ($825B)
- Integrated Circuits ($804B)
- Vehicle Parts ($685B)
- Computers ($614B)
- Pharmaceuticals ($613B)
- Gold ($576B)
- Crude Petroleum ($549B)
What products does Rwanda import and export?
Imports The top imports of Rwanda are Refined Petroleum ($411M), Gold ($242M), Raw Sugar ($73M), Packaged Medicaments ($67.5M), and Broadcasting Equipment ($47.1M), importing mostly from China ($481M), Kenya ($272M), Tanzania ($247M), United Arab Emirates ($239M), and India ($206M).
What is the main industry in Rwanda?
Economy of Rwanda
| Statistics | |
|---|---|
| Main industries | cement, agricultural products, small-scale beverages, soap, furniture, shoes, plastic goods, textiles, cigarettes |
| Ease-of-doing-business rank | 38th (very easy, 2020) |
| External | |
| Exports | $1.05 billion (2017 est.) |
What is Uganda’s biggest export?
coffee
Uganda mostly exports agricultural products (80 percent of total exports). The most important exports is coffee (22 percent of total exports) followed by tea, cotton, copper, oil and fish.
Is Rwanda a good place to invest?
Rwanda is a hub for rapidly integrating East Africa and offers investors access to markets with over 10 million people. The sustained high economic growth with an average annual GDP growth rate highly favours domestic and foreign investors with a stable inflation and exchange rate.
Why is Rwanda so poor?
The Obstacles. Poverty in Rwanda is still significant; around 39% of the population lives below the poverty line. One contributing factor is that Rwanda suffers from a poor education system where only 68% of first-graders end up completing all six years of primary education.
What does Burundi export?
Burundi main exports are coffee (69 percent of total exports) and tea (26 percent) followed by cotton and skins. Main export partners are Switzerland (26 percent of total exports) and Pakistan (11 percent).
What is export goods?
Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.
What natural resources does Rwanda have?
Rwanda’s mineral resources include Cassiterite, Coltan, wolfram, peat (used for electricity generation or processed as an alternative for firewood), gold and Nickel. In addition to this, the country has other precious stones such as amphibolite, granites, quartzite, volcanic rocks, clay, sand and gravel.
What is the number 1 export in the world?
China
China. Aside from the European Union, China is the world’s largest exporter. In 2017, China exported an estimated $2.16 trillion worth of goods and services, primarily electronic equipment and machinery. This comprised about 19.6% of China’s total GDP that year.
What is the most exported product?
Searchable List of Globally Exported Products in 2020
| Rank | Product | 2020 Exports Sales (US$) |
|---|---|---|
| 1. | Integrated circuits/microassemblies | $783,648,029,000 |
| 2. | Cars | $624,851,706,000 |
| 3. | Crude oil | $547,089,508,000 |
| 4. | Phone system devices including smartphones | $543,408,867,000 |
What are the top five countries we export to?
The top 10 export countries are China, United States, Germany, Japan, Netherlands, Hong Kong, South Korea, Italy, France and Belgium. Collectively, those leading exports-based economies represent over half (52.3%) of total exports by value from all countries.
What does India export to Rwanda?
The major items of India’s exports to Rwanda include, among others, vehicles, textiles, pharmaceuticals, electrical machinery, optical and other precision instruments and plastics.
Who does Rwanda trade with?
In 2019, Rwanda major trading partner countries for exports were Congo, Dem. Rep., United Arab Emirates, Uganda, Switzerland and Pakistan and for imports they were China, India, Kenya, Tanzania and United Arab Emirates.
How much does Rwanda import?
Overall Exports and Imports for Rwanda 2019
The total value of imports (CIF) is US$ 3,195 million. At the HS6 digit level, 2,243 products are exported to 112 countries and 3,532 products are imported from 159 countries.
Is Rwanda a good place to do business?
Rwanda enjoys relatively high rankings in the World Bank’s Ease of Doing Business Index, which ranked Rwanda 38th out of 190 economies in the 2020 report—second best in sub-Saharan Africa behind Mauritius.
How is Rwanda doing economically?
Rwanda has recently enjoyed strong economic growth rates, creating new business prospects and lifting people out of poverty.Rwanda’s major foreign exchange earners include mining, tourism, coffee, and tea, and continued growth in these sectors will be critical for economic development and poverty reduction.
