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Rwanda

Rwanda ranked No. 173 in total trade value through October with a total of $73.66 million. Exports totaled $23.56 million and Imports totaled $50.1 million, a deficit of $26.53 million.

January – October 2018

Top Trading Ports

Total Trade: $73.66 million

RankPortTotal YTD
1Port of Newark $23,560,855
2John F. Kennedy International Airport $10,078,135
3Port of Baltimore, Md. $8,253,202
4Port of Oakland, Calif. $3,186,593
5Port of San Francisco, Calif. $3,044,351
6Chicago O’Hare International Airport $3,001,800
7Port of Seattle, Wash. $2,572,071
8Port of Savannah, Ga. $2,195,843
9Port of Houston $2,058,816
10San Francisco International Airport, Calif. $1,882,113

U.S. trade with Rwanda rose to $73.66 million through October

Rwanda’s trade with the United States rose to $73.66 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 21.73 percent below its total trade during the same time period last year. Rwanda’s exports decreased 63.31 percent while imports rose 67.6 percent. The U.S. deficit with Rwanda was $26.53 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 John F. Kennedy International Airport; No. 3 Port of Baltimore, Md.; No. 4 Port of Oakland, Calif.; and No. 5 Port of San Francisco, Calif.. During the same period the previous year, the top five were No. 1 Seattle-Tacoma International Airport No. 2 Port of Newark No. 3 Port of Virginia No. 4 Port of Oakland, Calif. and No. 5 Port of Baltimore, Md.. In the current time period, the top five accounted for 65.33 percent of Rwanda’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 244.11 percent to $23.56 million.
    Exports rose 44.91 percent to $798,057. Imports rose 261.53 percent to $22.76 million.
  • Trade with No. 2 John F. Kennedy International Airport rose 863.68 percent to $10.08 million.
    Exports rose 768.91 percent to $8.96 million. Imports rose 7718.63 percent to $1.12 million.
  • Trade with No. 3 Port of Baltimore, Md. rose 232.56 percent to $8.25 million.
    Exports fell 85 percent to $24,583. Imports rose 255.01 percent to $8.23 million.
  • Trade with No. 4 Port of Oakland, Calif. fell 48.09 percent to $3.19 million.
    Exports fell 92.4 percent to $12,888. Imports fell 46.83 percent to $3.17 million.
  • Trade with No. 5 Port of San Francisco, Calif. rose 2994.51 percent to $3.04 million.
    There were no exports. Imports rose 5616.55 percent to $3.04 million.

Rwanda ranked No. 173 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 165.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Rwanda by value through October were the categories of Civilian aircraft, parts; Value added to a returned import; Motor vehicle parts; Computers; and Plastics, respectively. They accounted for 62.98 percent of total exports to Rwanda.

The value of the top five categories of U.S. imports from Rwanda –– Niobium, tantalum, vanadium, zirconium; Coffee; Travel goods, including handbags, wallets, jewelry; Sweaters, pullovers, vests, knit or crocheted; and Men’s or boys’ shirts, knitted or crocheted –– accounted for 89.99 percent of all inbound shipments.

Looking more closely at U.S. exports to Rwanda:

  • Civilian aircraft, parts fell 83.77 percent compared to last year to $9.01 million.
  • Value added to a returned import rose 20976 percent compared to last year to $1.71 million.
  • Motor vehicle parts rose 30248 percent compared to last year to $1.68 million.
  • Computers rose 6.1 percent compared to last year to $1.24 million.
  • Plastics rose 146.07 percent compared to last year to $1.2 million.

Looking more closely at U.S. imports from Rwanda:

  • Niobium, tantalum, vanadium, zirconium rose 110.97 percent compared to last year to $25.03 million.
  • Coffee rose 37.04 percent compared to last year to $16.78 million.
  • Travel goods, including handbags, wallets, jewelry rose 20.46 percent compared to last year to $1.17 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 21.52 percent compared to last year to $1.06 million.
  • Men’s or boys’ shirts, knitted or crocheted rose 252.18 percent compared to last year to $1.04 million.

In the latest annual figures available, Rwanda recorded $109.79 million in trade with the United States. At year’s end, its were Seattle; San Francisco; New York City; Baltimore; and Atlanta/Savannah. Total U.S. exports to Rwanda were $ 66.14 million and imports from Rwanda were $43.65 million. The U.S. surplus with Rwanda was $22.49 million.