Market Brief on Rwanda July 2017 Location Facts and Figures Total Population 11.6 million (2016) Area 26,388 km 2 Time Zone UTC+2:00 Capital City Kigali 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. Cities and Population 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 International Telephone Code Currency Exchange Rate (18/07/17) GDP GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017) Inflation Rate Banking Hours Literacy Rate (2016) Measures Important International Participation +250 Rwandan franc (RWF) 1 USD = 841.552 RWF US$ 8.6 Billion US$724.7 56/190 4.9% 0800-1700 hrs (weekdays) 0830-1200hrs (Sat) 70.5 % Metric System UN, WTO, COMESA, EAC, AU, AfDB
Na US$'000 Rwanda Trade with the world (2012-2016) 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0-500,000-1,000,000-1,500,000-2,000,000 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) Major import sources of Rwanda (2016) Major export destinations of Rwanda (2016) 10% 29% 21% 3 11% 8% 9% 7% 1 1 China Uganda Kenya India UAE Tanzania Germany Japan DRC Kenya UAE Switzerland Burundi Singapore USA South Africa USA Belgium Uganda Hong Kong
US$'000 Major import products of Rwanda (2016) Major export products of Rwanda (2016) 1 1% 1 21% 41% 11% 1% 8% 17% 1 1 Electrical machinery (Telephone sets; Insulated cables) Machinery (Bulldozers, Automatic data-processing machinery) Vehicles Cereals Pharmaceutical products Cement; Salt & Gypsum Iron and steel Cane sugar Plastics and articles thereof Animal or vegetable fats and oils (Palm oil, Coconut oil) Coffee & tea Mineral fuels (Petroleum oils & gases) Ores, slag and ash (Nobium, Tin, Tungsten, Iron) Natural or cultured pearls (Gold) Animal or vegetable fats and oils Wheat, Cereal flours Cereals Machinery Electrical machinery and equipment Vehicles Bran, sharps and other residues Zimbabwe-Rwanda Trade (2012-2016) 700 600 500 400 300 200 100 0 2012 2013 2014 2015 2016 Exports 95 609 507 301 506 Imports 3 37 7 155 24 Trade Bal 92 572 500 146 482
Zimbabwe s major exports to Rwanda (2016) Zimbabwe exports to Rwanda in 2016, (US$ 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 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 Centre d'appui aux Petites et Moyennes Entreprises au Rwanda Lac Muhazi Avenue P.O. Box 4747 Phone : +250 586119; +250 586120 Fax : +250 586113 Email : info@capmer.org 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 Phone : +250-78851-2609 (mobile) Fax : +250-252-58517 Email : info@rdb.rw ; tmd@rdb.rw Website: http://www.rdb.rw Fédération Rwandaise du secteur privé B.P. 319 Phone : +250 583541; +250 583538 Fax : +250 583532 Email : info@rpsf.org.rw Website: http://www.psf.org.rw Preferential Trade Arrangements 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 info@zimtrade.co.zw @ 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