market brief on rwanda€¦ · market brief on rwanda january 2018 location facts and figures...
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Market Brief on Rwanda January 2018
Location Facts and Figures
Rwanda is a landlocked Central/East African country bordered by the Democratic Republic of the Congo to the west, Uganda to the north, Tanzania to the east, and Burundi to the south. It lies a few degrees south of the equator and is landlocked.
Total Population (2016)
11.6 million
Area 26,388 km2
Time Zone UTC+2:00
Capital City Kigali
International Telephone Code
+250
Currency Rwandan franc (RWF)
Exchange Rate (29/01/18)
1 USD = 851.864 RWF
GDP (2017 est.)
US$ 8.6 Billion
GDP per capita (2017 est.)
US$724.7
GDP Growth Rate (2017 est.)
6%
Ease of Doing Business (World Bank 2017)
56/190
Inflation Rate (2017 est.)
4.9%
Banking Hours 0800-1700 hrs (weekdays) 0830-1200hrs (Sat)
Literacy Rate (2016)
70.5 %
Measures Metric System
Important International Participation
UN, WTO, COMESA,
EAC, AU, AfDB
City Population
Kigali 745,261
Butare 89,600
Gitarama 87,613
Ruhengeri 86,685
Gisenyi 83,263
Byumba 70,593
Cyangugu 63,883
Kibuye 48,024
Rwamagana 47,203
Kibungo 46,240
Cities and Population
Rwanda Trade with the world (2012-2016)
Major import sources of Rwanda (2016) Major export destinations of Rwanda (2016) Na
2012 2013 2014 2015 2016
Exports 506,989 608,097 653,365 578,694 621,606
Imports 1,831,958 1,989,145 1,954,210 1,858,091 1,778,279
Trade Bal (1,324,969) (1,381,048) (1,300,845) (1,279,397) (1,156,673)
-2,000,000
-1,500,000
-1,000,000
-500,000
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
US$
'00
0
21%
11%
8%
7%6%
5%
4%
3%
3%
3%
29%
China Uganda Kenya India
UAE Tanzania Germany Japan
USA South Africa Other
32%
16%
14%
9%
6%
3%
3%
3%
2%
2%
10%
DRC Kenya UAE Switzerland
Burundi Singapore USA Belgium
Uganda Hong Kong Other Source: Trademap Source: Trademap
Source: Trademap
Major import products of Rwanda (2016) Major export products of Rwanda (2016)
Zimbabwe-Rwanda Trade (2012-2016)
13%
11%
8%
5%
5%4%
4%3%3%3%
41%
Electrical machinery (Telephone sets; Insulated cables)
Machinery (Bulldozers, Automatic data-processing machinery)
Vehicles
Cereals
Pharmaceutical products
Cement; Salt & Gypsum
Iron and steel
Cane sugar
Plastics and articles thereof
Animal or vegetable fats and oils (Palm oil, Coconut oil)
Other
21%
17%
14%
13%
4%
4%
4%
3%
2%
1%
1%
16%
Coffee & tea
Mineral fuels (Petroleum oils & gases)
Ores, slag and ash (Nobium, Tin, Tungsten, Iron)
Natural or cultured pearls (Gold)
Animal or vegetable fats and oils
Wheat, Cereal flours
Cereals
Machinery
Electrical machinery and equipment
Vehicles
Bran, sharps and other residues
Other
2012 2013 2014 2015 2016
Exports 95 609 507 301 506
Imports 3 37 7 155 24
Trade Bal 92 572 500 146 482
0
100
200
300
400
500
600
700
US
$'0
00
Source: Trademap Source: Trademap
Source: Trademap
Zimbabwe’s major exports to Rwanda (2016)
Zimbabwe exports to Rwanda in 2016,
(US$’000)
Annual growth in value between
2012-2016, %, p.a.
Rwanda Imports from the World
in 2016 (US$’000)
Soya bean seed, for sowing 365 100 2,175
Maize seed for sowing 98 100 21,805
Bathing caps, hoods and other headgear 40 100 52 Source: Trademap
Zimbabwe products with export potential to Rwanda Zimbabwe's imports from Rwanda (2016)
• Pharmaceutical products
• Dried fish
• Maize seed for sowing
• Bars and rods, of iron or non-alloy steel
• Wooden furniture
• Manufactured tobacco
• In 2016, Zimbabwe imported US$24 000 worth of products: ✓ Clothes US$ 16 000 ✓ Toiletry bags US$4 000 ✓ Vehicles US$4 000
Useful Addresses Preferential Trade Arrangements
Centre d'Appui aux Petites et Moyennes Entreprises au Rwanda Lac Muhazi Avenue P.O. Box 4747 Kigali, Rwanda Phone : +250 586119; +250 586120 Fax : +250 586113 Email : [email protected] Website: http://www.capmer.or Rwanda Development Board - Trade and Manufacturing Department Crnr. Blvd. de l'Umuganda (Airport rd.) and Nyarutaraman Rd. P.O. Box 6239 Gishushu Kigali, Rwanda Phone : +250-78851-2609 (mobile) Fax : +250-252-58517 Email : [email protected] ; [email protected] Website: http://www.rdb.rw
Fédération Rwandaise du secteur privé B.P. 319 Kigali, Rwanda Phone : +250 583541; +250 583538 Fax : +250 583532 Email : [email protected] Website: http://www.psf.org.rw
Source: Trademap
COMESA Free Trade Area
The Common Market for Eastern and Southern Africa (COMESA) is a regional integration grouping of African States which have agreed to promote regional integration through trade development and to develop their natural and human resources for the mutual benefit of all their peoples.
COMESA Member States established a Free Trade Area (FTA) on 31 October 2000. Fourteen States (Burundi, Comoros, Djibouti, Egypt, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Sudan, Seychelles, Zambia and Zimbabwe) are participating in the Free Trade Area.
For more information on trading under COMESA FTA refer to ZimTrade’s
“Guide to Zimbabwe’s Trade Agreements”.
Travelling to Rwanda
• A valid passport (at least 6 months) is required.
• Zimbabwe nationals pay US$30. 00 for a visa.
• Yellow fever certificate is required
• Options to travel to Rwanda by air include: ✓ Harare-Johannesburg-Kigali ✓ Harare-Addis Ababa-Kigali ✓ Harare-Nairobi-Bujumbura-Kigali
For more information, please contact us
www.tradezimbabwe.com
@ ZimTradeAlterts
+263-4-369330-41
Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to www.zimtrade.co.zw