GDP$13.3BCURRENT US$Rnk 136 / 186 GDP GROWTH73.9%CURRENT US$Rnk 27 / 186
GDP$18.9BCURRENT US$Rnk 120 / 186 GDP GROWTH53.3%CURRENT US$Rnk 55 / 186 GDP PC $966CURRENT US$Rnk 169 / 186GDP PC GROWTH36.8%CURRENT US$Rnk 55 / 186GDP PC$6,803CURRENT US$Rnk 94 / 186GDP PC GROWTH60.2%CURRENT US$Rnk 27 / 186In N/A, Rwanda did not export any services to Albania.
Albania-Rwanda In N/A, Albania did not export any products to Rwanda.
In N/A, Albania did not export any services to Rwanda.
Comparison: In 2022, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).
) to Albania () (2022)) to Rwanda () (2022)This map shows whether countries import more from Rwanda or Albania. Each country is colored based on the difference in imports they receive from Rwanda and Albania or the difference in the growth in imports.
In 2022, countries that imported more from Rwanda than Albania included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).
In 2022, countries that imported more from Albania than Rwanda included Italy ($1.75B), Greece ($421M), and Spain ($309M).
) and Rwanda () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Rwanda and Albania. This means that a dot/product with the flag of Rwanda indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Rwanda.
) and Albania () (2022)
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