Flag of rw

Rwanda Trade (% GDP)

Rwanda's trade (% GDP) rose to 69.95% in 2024, up from 64.91% in 2023, according to World Bank. This represents an increase of 5.04% from the previous year. Rwanda has trade (% GDP) lower than the global median (69.95% vs median 84.49%). Compared with the median in Africa, Rwanda is higher (69.95% vs regional median 62.95%) and ranks 20th out of 48 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 69.95%
2023 64.91%
2022 61.15%
2021 54.29%
2020 55.19%
2019 57.98%
2018 55.78%
2017 53.68%
2016 49.48%
2015 45.2%
2014 43.9%
2013 42.69%
2012 40.54%
2011 39.72%
2010 37.28%
2009 36.81%
2008 37.6%
2007 35.97%
2006 33.22%
2005 34.22%
2004 33.46%
2003 29.31%
2002 27.61%
2001 29.2%
2000 27.48%
1999 27.33%
1998 28.79%
1997 33.47%
1996 32.23%
1995 30.97%
1994 71.1%
1993 25.68%
1992 23.83%
1991 25.37%
1990 19.68%
1989 23.43%
1988 24.22%
1987 26.59%
1986 32.74%
1985 30.67%
1984 32.3%
1983 32.34%
1982 35.7%
1981 31.58%
1980 40.82%
1979 43.8%
1978 38.58%
1977 31.93%
1976 33.97%
1975 26.87%
1974 33.51%
1973 25.04%
1972 24.54%
1971 27.08%
1970 26.74%
1969 22.03%
1968 23.88%
1967 25.93%
1966 31.28%
1965 29.03%
1964 24.62%
1963 18.59%
1962 22.08%
1961 21.31%
1960 22.52%
Rwanda Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Rwanda divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $2.02B $1.56B 2022
Annual Imports $5.12B $3.74B 2022
Exports (% GDP) 30.82% 25.01% 2024
FDI Inflows (% GDP) 3.2% 2.29% 2023
Imports (% GDP) 39.13% 39.9% 2024
Net Trade (Goods & Services, BoP) -$2.27B -$1.98B 2023
Tariff Rate 11.87% 11.9% 2022