Rwanda recorded a trade deficit of 130 USD Million in May of 2019. Balance of Trade in Rwanda averaged -182.87 USD Million from 1998 until 2019, reaching an all time high of -20.59 USD Million in December of 2017 and a record low of -1268.30 USD Million in December of 2012.

Balance of Trade in Rwanda is expected to be -100.29 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.

Rwanda Balance of Trade
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Rwanda Trade Last Previous Highest Lowest Unit
Balance of Trade -130.00 -165.50 -20.59 -1268.30 USD Million [+]
Current Account -736.50 -621.56 99.12 -1335.78 USD Million [+]
Current Account to GDP -14.10 -16.60 1.80 -16.60 percent [+]
Imports 245.60 262.90 1859.00 142.50 USD Million [+]
Exports 115.60 97.40 590.80 37.16 USD Million [+]
Capital Flows -460.60 -365.90 426.80 -776.51 USD Million [+]
Terrorism Index 2.18 1.93 3.94 0.42 [+]
External Debt 3010.00 2453.00 3010.00 511.20 USD Million [+]
Foreign Direct Investment 293.40 254.50 315.00 118.67 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-130.00 -165.50 -20.59 -1268.30 1998 - 2019 USD Million Monthly

Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19