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2022
Flag → Flag
Exports $30.7MRnk 112 / 215
2022
Flag → Flag
Top Product $22.4MRefined Petroleum
2022
Flag → Flag
Exports $33.1MRnk 12 / 142
2022
Flag → Flag
Top Product $17.9MTin Ores
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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 $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Singapore-Rwanda Trade: In 2022, Singapore exported $30.7M to Rwanda. The main products that Singapore exported to Rwanda were Refined Petroleum ($22.4M), Other Heating Machinery ($2.23M), and Palm Oil ($1.05M). Over the past 5 years the exports of Singapore to Rwanda have increased at an annualized rate of 25.6%, from $9.84M in 2017 to $30.7M in 2022.

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

Rwanda-Singapore Trade: In 2022, Rwanda exported $33.1M to Singapore. The main products that Rwanda exported to Singapore were Tin Ores ($17.9M), Tungsten Ore ($8.18M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($5.64M). Over the past 5 years the exports of Rwanda to Singapore have increased at an annualized rate of 4.2%,  from $27M in 2017 to $33.1M in 2022.

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

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $30.7M to Rwanda. The main products exported from Singapore to Rwanda were Refined Petroleum ($22.4M), Other Heating Machinery ($2.23M), and Palm Oil ($1.05M). During the last 5 years the exports of Singapore to Rwanda have increased at an annualized rate of 25.6%, from $9.84M in 2017 to $30.7M in 2022.

In 2017, Rwanda exported $33.1M to Singapore. The main products exported from Rwanda to Singapore were Tin Ores ($17.9M), Tungsten Ore ($8.18M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($5.64M). During the last 5 years the exports of Rwanda to Singapore have increased at an annualized rate of 4.2%, from $27M in 2022 to $33.1M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Rwanda (Flag)

Singapore Exports

Rwanda Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2022, countries that imported more from Singapore than Rwanda included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

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

Comparative Advantage Singapore - Rwanda

Flow
Scale

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

During 2022, Singapore had a large net trade with Rwanda in the exports of Mineral Products ($22.7M), Machines ($3.83M), and Animal and Vegetable Bi-Products ($1.4M).

During 2017, Rwanda had a large net trade with Singapore in the exports of Mineral Products ($31.8M), Machines ($1.12M), and Vegetable Products ($118k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Rwanda+$284kComputers
Top Product Potential Rwanda Singapore+$875kMachines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays

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 Singapore and Rwanda. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Singapore.

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

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