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Pricing

2022
Flag → Flag
Exports $13.4MRnk 160 / 218
2022
Flag → Flag
Top Product $1.9MPackaged Medicaments
2022
Flag → Flag
Exports $2.75MRnk 37 / 142
2022
Flag → Flag
Top Product $1.42MRaw Tin
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Spain-Rwanda Trade: In 2022, Spain exported $13.4M to Rwanda. The main products that Spain exported to Rwanda were Packaged Medicaments ($1.9M), Light Fixtures ($1M), and Broadcasting Accessories ($988k). Over the past 5 years the exports of Spain to Rwanda have increased at an annualized rate of 20.1%, from $5.37M in 2017 to $13.4M in 2022.

In 2022, Spain did not export any services to Rwanda.

Rwanda-Spain Trade: In 2022, Rwanda exported $2.75M to Spain. The main products that Rwanda exported to Spain were Raw Tin ($1.42M), Non-Knit Women's Coats ($530k), and Non-Knit Men's Coats ($312k). Over the past 5 years the exports of Rwanda to Spain have increased at an annualized rate of 65.1%,  from $224k in 2017 to $2.75M in 2022.

In 2022, Rwanda did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Latest Trends

June, 2024

About

Overview In June 2024, Spain exported €420k and imported €2.57k from Rwanda, resulting in a positive trade balance of €417k. Between June 2023 and June 2024 the exports of Spain have decreased by €-627k (-59.9%) from €1.05M to €420k, while imports decreased by €-12.2k (-82.6%) from €14.8k to €2.57k.

Trade In June 2024, the top exports of Spain to Rwanda were N/A. In June 2024 the top imports of Spain from Rwanda were Coffee (€106k), Knit Men's Coats (€810), and Commodities not elsewhere specified (€32.5).

Origins In June 2024 the exports of Spain were mainly from Barcelona (€276k), Zaragoza (€51.8k), Navarra (€39.3k), Madrid (€22.1k), and Valencia (€10.9k), while imports destinations were mainly Madrid (€1.22k), Valencia (€1.2k), Pontevedra (€141), Barcelona (€4.6), and Asturias (€2).

Growth In June 2024, the decrease in Spain's year-by-year exports to Rwanda was explained primarily by an decrease in product exports in Wine (€-22.6k or -93%) and Non-Knit Women's Suits (€-32.1 or -6.69%). In June 2024, the decrease in Spain's year-by-year imports  from Rwanda was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (€-1.5k or -97.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)€-627k(-59.9%)
IMPORT GROWTH (June 2023 - June 2024)€-12.2k(-82.6%)
MAIN EXPORTER (June 2024)Barcelona€276k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Rwanda and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $13.4M to Rwanda. The main products exported from Spain to Rwanda were Packaged Medicaments ($1.9M), Light Fixtures ($1M), and Broadcasting Accessories ($988k). During the last 5 years the exports of Spain to Rwanda have increased at an annualized rate of 20.1%, from $5.37M in 2017 to $13.4M in 2022.

In 2017, Rwanda exported $2.75M to Spain. The main products exported from Rwanda to Spain were Raw Tin ($1.42M), Non-Knit Women's Coats ($530k), and Non-Knit Men's Coats ($312k). During the last 5 years the exports of Rwanda to Spain have increased at an annualized rate of 65.1%, from $224k in 2022 to $2.75M in 2017.

Exports from Spain (Flag) to Rwanda (Flag) (2022)

Exports from Rwanda (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Rwanda
Top DestinationUnited Arab Emirates$568M

This map shows whether countries import more from Spain or Rwanda. Each country is colored based on the difference in imports they receive from Spain and Rwanda or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Rwanda included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Rwanda than Spain included Democratic Republic of the Congo ($450M), South Sudan ($22M), and Ethiopia ($55.2M).

Difference in imports from Rwanda (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Rwanda

Flow
Scale

This chart compares trade between Spain and Rwanda by product, considering products traded by both, Spain and Rwanda.

During 2022, Spain had a large net trade with Rwanda in the exports of Chemical Products ($3.5M), Machines ($3.41M), and Foodstuffs ($1.26M).

During 2017, Rwanda had a large net trade with Spain in the exports of Metals ($1.42M), Textiles ($1.02M), and Transportation ($260k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Rwanda+$372kCars
Top Product Potential Rwanda Spain+$650kNon-Knit Women's Coats

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Rwanda. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Rwanda (Flag) (2022)

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