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Most of the goods imported by Kigali in October came from China, valued at USD 125.77 million, a 13% increase from the September figures. Kenya is now the second largest importer of goods in Rwanda, recording a 360% growth in the value of imports in October this year compared to October last year
The value of Kenyan exports to Rwanda grew by over 240% from USD 35.56 million in September to USD 121.4 million in October, according to the new statistics from Kigali. On the flip side, Tanzania exported goods worth USD 57.38 million in October, slumping by 39% from USD 94.13 million in September.
Most of the goods imported by Kigali in October came from China, valued at USD 125.77 million, a 13% increase from the September figures. Kenya is now the second largest importer of goods in Rwanda, recording a 360% growth in the value of imports in October this year compared to October last year.
Total imports in the country hit USD 629.78 million while exports stood at USD 266.13 million in October. Other key imports in Rwanda came from India, UAE, Uganda, Malaysia, Belgium, Egypt, and Japan.
Rwanda mainly imported food and live animals valued at USD 115.8 million in October, compared to USD 97 million in September. Other important imports included beverages and tobacco, crude materials, mineral fuels, and lubricants, animal fats and vegetable oils, chemicals, and machinery.
On the other hand, Rwanda exported most of its goods to UAE, DRC, Luxembourg, Uganda, USA, UK, and China. In October 2024, Rwanda’s domestic export value decreased by 15.75% compared to September 2024 and increased by 61.81% compared to October 2023.
The value of goods imported by air transport declined from USD 197.38 million in September to USD 118.04 million in October. Those from land increased from USD 444.71 million in September to USD 511.75 million in October.
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Rwanda and Tanzania are engaged in a scuffle over trade in dairy products. Dar is being accused of blocking milk imports from Rwanda and exacting a levy that diminishes their competitiveness. Kigali has lamented that such a policy is retrogressive and violates EAC common market requirements.
