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$, in 2023.
Rwanda ranks 129th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.17 billion BoP, current US$ | -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
More economy & growth data for Rwanda
- External balance on goods and services as a percent of GDP -13.6% (2025)
- Inflation of consumer prices 5.9% (2025)
- GDP per capita 1,116 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 16.27 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,116 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,428 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.10 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 771.20 million current US$ (2025)
- Taxes less subsidies on products 1.25 trillion current LCU (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 198 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.