What is the trade position of Rwanda?
Table of Contents
What is the trade position of Rwanda?
Rwanda had a total export of 1,161,750.59 in thousands of US$ and total imports of 3,195,163.44 in thousands of US$ leading to a negative trade balance of -2,033,412.85 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Rwanda is 9.55\% and the Most Favored Nation (MFN) Weighted …
What are major exports in 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 are the main industries 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 are some major imports and exports in Rwanda?
The most recent imports of Rwanda are led by Refined Petroleum ($411M), Gold ($242M), Raw Sugar ($73M), Packaged Medicaments ($67.5M), and Broadcasting Equipment ($47.1M). The most common import partners for Rwanda are China ($481M), Kenya ($272M), Tanzania ($247M), United Arab Emirates ($239M), and India ($206M).
What are the imports of Rwanda?
In the long-term, the Rwanda Imports is projected to trend around 187.09 USD Million in 2022, according to our econometric models. Rwanda imports mainly food products, machinery and equipment, construction materials, petroleum products and fertilizers. Main imports partners are Kenya, Germany, Uganda and Belgium.
What are Rwanda main imports?
Rwanda imports mainly food products, machinery and equipment, construction materials, petroleum products and fertilizers. Main imports partners are Kenya, Germany, Uganda and Belgium.
What is Rwanda’s biggest import?
How has trade helped Rwanda?
Rwanda’s major foreign exchange earners include mining, tourism, coffee, and tea, and continued growth in these sectors will be critical for economic development and poverty reduction. Through the East Africa Trade Investment Hub (EATIH), USAID facilitated the development of the Rwanda AGOA Action plan in 2016.
How many sectors are in Rwanda?
416 Sectors
The country is divided into four Provinces and the City of Kigali which are also further divided into 30 districts. Moreover, the districts are further divided into 416 Sectors. Additionally, the sectors are further divided into 2148 cells and lastly, these cells are divided into 14837 villages.
What is Rwanda’s biggest industry?
The Biggest Industries in Rwanda
- Tourism. For much of the 21st century, the tourism industry in Rwanda has been one of the country’s most vibrant industries.
- Fishing. Even though Rwanda is a landlocked nation, fishing is still one of the most important activities carried out within the country.
- Energy Generation.
What are the imports and exports of Rwanda?
Rwanda Consumer goods imports are worth US$ 1,501 million, product share of 46.97\%. Rwanda Capital goods exports are worth US$ 28 million, product share of 2.41\%. Rwanda Capital goods imports are worth US$ 621 million, product share of 19.42\%.