The rise was driven by strong performances in both goods and services exports, with the United Arab Emirates (UAE) and the Democratic Republic of Congo (DRC) emerging as the country's top export destinations.
Rwanda's top exports include minerals such as gold, coltan, and wolfram, as well as agricultural products like coffee and tea.
The UAE led Rwanda's export market with a 63.9% increase, reaching over $1.5 billion in value. The DRC followed with a 32.3% rise to approximately $229.5 million.
Exports to Luxembourg surged by an astonishing 243.8%, reaching $55.4 million. Other top markets include China ($83.6 million) and the United Kingdom ($36.1 million).
According to the report, Rwanda's export growth has been underpinned by targeted interventions from RDB. In 2024, 243 companies across key sectorsâ€"including manufacturing, agro-processing, horticulture, services, and handicraftsâ€"were facilitated to access both regional and international markets, generating $164.1 million in export revenues.
To enhance the competitiveness of local businesses and boost Rwanda's participation in international trade, the Rwanda Development Board rolled out a range of targeted support programs in 2024.
A total of 152 companies received hands-on coaching focused on international trade standards, pricing strategies, product packaging, and compliance with the African Continental Free Trade Area (AfCFTA) requirements.
At the same time, 155 businesses enrolled in the E-Commerce Readiness Program, with 15 completing advanced training to expand their digital sales channels. In addition, 124 small and medium-sized enterprises (SMEs) benefited from business development services that included access to affordable financing, grant opportunities, and tailored advisory support.
To help firms meet global quality requirements, 52 SMEs were supported in obtaining internationally recognized certifications.
Furthermore, 112 SMEs took part in trade fairs and expos held in Senegal, South Sudan, and Rwanda, providing them with platforms to showcase their products, generate immediate sales, and forge new business contracts.
Wycliffe Nyamasege
