Formal external trade in Goods 2022

Datasource: 

Formal external trade in Goods report

Period: 

January, 2022 to December, 2022

In the fourth quarter of 2022, Rwanda’s total trade was US$ 2,021.12 million, an increase of 35 percent over the fourth quarter of 2021. Domestic exports were US$ 373.39 million; imports were US$ 1,493.34 million and re-exports were US$ 154.39 million.

In the third quarter of 2022, Rwanda’s total trade was US$ 2,031.24 million, an increase of 48 percent over the third quarter of 2021. Exports were US$ 342.69 million; imports were US$ 1,500.79 million and re-exports were US$ 187.76 million.

In the second quarter of 2022, Rwanda’s total trade was US$ 1,767.28 million, an increase of 36 percent over the second quarter of 2021. Exports were US$ 331.32 million; imports were US$ 1,257.72 million and re-exports were US$ 178.23 million.

In the first quarter of 2022, Rwanda’s total trade was US$ 1486.51 million, an increase of 44 percent over the first quarter of 2021. Exports were US$ 280.67 million, imports were US$ 1055.38 million and re-exports were US$ 150.46 million.

MONTHLY TRENDS

In December 2022, the deficit in the balance of formal trade in goods was US$ 293.96 million, an increase of 0.81 per cent compared to the previous month of November 2022. Year-over-year, the formal trade in goods deficit increased by 28.93 per cent on the deficit of December 2021.

In August 2022, the deficit in the balance of formal trade in goods was US$ 304.66 million, an increase of 0.40 per cent compared to the previous month of July 2022. Year-over-year, the formal trade in goods deficit increased by 69.77 per cent on the deficit of August 2021.

In July 2022, the deficit in the balance of formal trade in goods was US$ 303.45 million, an increase of 1.16 per cent compared to the previous month of June 2022. Year-over-year, the formal trade in goods deficit increased by 32.92 per cent on the deficit of July 2021.

In April 2022, the deficit in the balance of formal trade in goods was US$ 230.35 million, an increase of 3.53 per cent compared to the previous month of March 2022. Year-over-year, the formal trade in goods deficit increased by 43.61 per cent on the deficit of April 2021.

In March 2022, the deficit in the balance of formal trade in goods was US$ 222.50 million, an increase of 43.38 per cent compared to the previous month of February 2022. Year-over-year, the formal trade in goods deficit increased by 15.54 per cent on the deficit of March 2021.

In January 2022, the deficit in the balance of formal trade in goods was US$ 211.17 million, a decrease of 3.26 per cent compared to the previous month of December 2021. Year-over-year, the formal trade in goods deficit increased by 37.89 per cent on the deficit of January 2021.

Unless otherwise indicated, data and analysis by the National Institute of Statistics of Rwanda (NISR) is licensed under a Creative Commons Attribution 4.0 International License.