Net trade in goods in Rwanda
Rwanda: Net trade in goods was -2.34 billion BoP, current US$ in 2024. ▼ Falling
Net trade in goods in Rwanda, 2010–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Rwanda recorded -2.34 billion BoP, current US$ for net trade in goods in 2024.
That represents a change of up 1.0% on the previous year and down 84.8% over ten years.
Over the whole period, net trade in goods in Rwanda peaked at -786.70 million BoP, current US$ in 2010 and was at its lowest, -2.37 billion BoP, current US$, in 2023.
Rwanda ranks 129th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.17 billion BoP, current US$ | -1.46 billion BoP, current US$ | -786.70 million BoP, current US$ | 10 |
| 2020s | -2.00 billion BoP, current US$ | -2.37 billion BoP, current US$ | -1.65 billion BoP, current US$ | 5 |
Countries ranked near Rwanda
- 126 Namibia -2.10 billion BoP, current US$ compare
- 127 Botswana -2.20 billion BoP, current US$ compare
- 128 Hungary -2.28 billion BoP, current US$ compare
- 130 Myanmar -2.85 billion BoP, current US$ compare
- 131 Malta -2.98 billion BoP, current US$ compare
- 132 Uganda -3.01 billion BoP, current US$ compare
More economy & growth data for Rwanda
- Manufacturing, value added 1.79 trillion constant LCU (2025)
- Households and NPISHs final consumption expenditure 64.4% (2025)
- Final consumption expenditure 13.01 billion current US$ (2025)
- Final consumption expenditure 18.58 trillion current LCU (2025)
- Final consumption expenditure 11.26 billion constant 2015 US$ (2025)
- Final consumption expenditure 7.8% (2025)
- Manufacturing, value added 8.3% (2025)
- Final consumption expenditure 79.4% (2025)
- Exports of goods and services 3.53 billion current US$ (2025)
- Gross national expenditure 113.6% (2025)
Frequently asked questions
- What is net trade in goods in Rwanda?
- Net trade in goods in Rwanda was -2.34 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Rwanda?
- The highest recorded value was -786.70 million BoP, current US$ in 2010.
- What is the lowest net trade in goods recorded in Rwanda?
- The lowest recorded value was -2.37 billion BoP, current US$ in 2023.
- How does Rwanda rank for net trade in goods?
- Rwanda ranks 129th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Rwanda?
- Over the last ten years it is down 84.8%. The long-run trend across the full record is falling.
- Where does this Rwanda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.