AGOA Status
Rwanda is eligible for AGOA this year. AGOA apparel benefits suspended by POTUS effective July 31, 2018.
Trade Agreements
The U.S.-Rwanda Bilateral Investment Treaty (BIT) was entered into force in January 2012. The negotiations toward the BIT were launched in 2007 as one outcome of the consultations under the 2006 United States-Rwanda Trade and Investment Framework Agreement (TIFA). The most recent U.S.-Rwanda TIFA Council meeting was held in Washington in December, 2011.
The U.S. also signed Trade and Investment Framework Agreements (TIFA) with the East African Community (EAC) in 2008, and with the Common Market for Eastern and Southern Africa (COMESA) in 2001. Rwanda is a member of both regional organizations.
Rwanda Trade Summary
U.S. goods and services trade with Rwanda totaled an estimated $368.9 million in 2024, up 5.2 percent ($18.1 million) from 2023.
U.S. total goods trade (exports plus imports) with Rwanda was an estimated $74.9 million in 2024. U.S. goods exports to Rwanda in 2024 were $44.7 million, up 17.4 percent ($6.6 million) from 2023. U.S. goods imports from Rwanda in 2024 totaled $30.2 million, down 19.9 percent ($7.5 million) from 2023. The U.S. goods trade surplus with Rwanda was $14.4 million in 2024, a 4,420.1 percent increase ($14.1 million) over 2023.
U.S. total services trade (exports plus imports) with Rwanda totaled an estimated $294 million in 2024. U.S. services exports to Rwanda in 2024 were $174 million, up 13.7 percent ($21 million) from 2023. U.S. services imports from Rwanda in 2024 were $120 million, down 1.6 percent ($2 million) from 2023. The U.S. services trade surplus with Rwanda was $54 million in 2024, a 74.2 percent increase ($23 million) over 2023.
