Statistics on Rwanda’s trade performances relating to exports in 2017 indicate export volumes of over 7000 tons in 2017, according to Steven Ruzibiza, the CEO of the Private Sector Federation in Rwanda.
The feasibility of the government’s exports’ growth targets will be achieved by reducing the cost of doing business and facilitating trade by implementing different business projects.
“We not only want to increase exports but we also try to see if we can have some import substitutions and the progress of the trend is quite encouraging although more efforts are needed to reach our potential,” he added.
The export of goods and services has gone up by 8 per cent in the last seven years, from 10 per cent in 2010 to 18 per cent in 2017, with only services, largely dominated by tourism, contributing 15 per cent comparing to goods’ contribution at 21 per cent.
