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NATIONAL BANK OF RWANDA

QUARTERLY BULLETIN

FOURTH QUARTER 2010

NATIONAL BANK OF RWANDA

QUARTERLY BULLETIN

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Table of Contents
I. INTERNATIONAL ECONOMIC OUTLOOK .................................. 4
I.1 Economic Growth ............................................................................................................ 4
i.2 Inflation and Commodity prices ...................................................................................... 5
I.3 Financial Markets ............................................................................................................ 7
II. NATIONAL ECONOMIC ACTIVITIES ........................................ 9
II.1 Real Sector Performance ................................................................................................ 9
II.2 Inflation Developments ................................................................................................ 16
II.3 External Trade Developments ...................................................................................... 18
II.4 Public Finance and Domestic Debt .............................................................................. 21
III. MONETARY SECTOR DEVELOPMENTS ................................ 28
III.1 Money Supply ............................................................................................................. 28
III.2 Money Demand........................................................................................................... 29
III.3 Monetary Policy Implementation ............................................................................... 30
III.4 Domestic Markets and Interest Rates Developments ................................................. 32
IV. EXCHANGE RATE AND FOREX MARKET DEVELOPMENTS .. 34
IV.1 Exchange Rate Developments .................................................................................... 34
IV.2 Foreign Market Developments ................................................................................... 35
V. FINANCIAL SECTOR SOUNDNESS ........................................ 37
V.1 Banking System ........................................................................................................... 37
V.2 Microfinance Sector ..................................................................................................... 40
VI. APPENDICES ........................................................................ 42
VI.1 Technical Notes on The Monetary Statistics .............................................................. 43
VI.2 Statistical Appendices ................................................................................................ 47

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I. INTERNATIONAL ECONOMIC OUTLOOK


I.1 ECONOMIC GROWTH
According to the IMF January 2011 report, global activity continued recovering in the
second half of the year 2010. Real GDP growth was around 5.25% for the first half of the
year drawn by the increase of 15% in industrial production and by the take off of 40% in
global trade. With the third quarter, global economic activity growth rate stood at around
3.5%, a level slightly better than what was expected after 5% recorded in the previous
quarter. In fact, the economic activity remained subdued in developed countries where
policy stimulus are waning and consumer confidence weak while it remained robust in
emerging countries where economic fundamentals coupled with prudent policy measures
are supportive for economic growth. On average in 2010, real GDP growth attained 5%
from -0.6% in 2009.
In the United States, recent indicators show gradual improvement in the economic activity
led stronger than expected consumption and by business investment and public spending
despite negative contribution from net exports. Quarter-on-quarter real GDP rose by 2.8%
in fourth quarter from 2.6% and 1.7% respectively in the third and second quarter. For the
whole year, US economy increased by 2.8% in 2010 up from -2.6% in 2010.
In the Euro Zone, year-on-year GDP growth stood at 2% in the last quarter 2010 after 1.9%
and 2% in the third and second quarter. Economic activity remained modest due mainly to
renewed financial stresses in the euro peripheral economies and poor climatic conditions.
At the same time, different sectors are concerned by balance sheet adjustments. On
annual basis, quarterly real GDP reduced to 1.9% in the third quarter from 2% in the
second. Annual economic growth recovered by 1.8% at the end 2010 from -4.1% in 2009
helped by strengthening exports, thanks to world economic recovery and by
accommodative monetary policy.
In Japan, led by temporary factors, private consumption became supportive for economic
activity which rose by 3.3% in the third quarter after 3% in the previous quarter. However,
economic growth reduced to -1.1% in the last quarter while it recovered by 4.3% on the
whole year 2010 up from -6.3% the year before.

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Table 1: Real GDP growth in %


2009
Q.I
Q.II
United States (QoQ)
-2.6
3.7
1.7
Euro Zone (YoY)
-4.1
0.8
2.0
Japan (QoQ)
-6.3
6.0
2.1
*Year on Year (YoY) and (QOQ) refers to quarter on quarter
Source: IMF, World Economic Outlook, January 2011 and Bloomberg data base

2010
Q.III
2.6
1.9
3.3

Q.IV
2.8
2.0
-1.0

Average
2.8
1.8
4.3

The IMF January 2011 estimates set at 7.1% the economic growth in emerging and
developing economies while it was at 2.6% in 2009. In emerging economies, the economic
activity strongly recovered as fixed investment and private consumption grew significantly
but also due to accommodative policy measures and following resurgent capital inflows.
Economic growth was 8% for the first semester while it reached 9.5% in sole emerging
Asian economies boosted by Chinese, Indian and Indonesian domestic demand. In China,
year-on-year growth stood at 9.8% in the fourth quarter from 9.6% and 10.3% respectively
in the third and second quarter 2010 while it shifted to 10.3% on average in 2010 after
9.2% in 2009.
Developing economies show signs of strong recovery drawn by the increase in commodity
prices, stimulus policy measures and improving global trade and financial conditions. In
Sub-Saharan Africa, the economic growth was at 5% in 2010 after 2.8% in 2009.

I.2 INFLATION AND COMMODITY PRICES


In developed countries, inflationary pressures remained subdued due to persisting spare
capacity and to high unemployment rate while they increased in emerging economies with
the strong recovery. According to the IMF January 2011 estimates, inflation stood at 1.5%
in developed countries and 6.3% in emerging and developing countries after respectively
0.1% and 5.2% in 2009.
In the USA, year-on-year inflation was at 1.27% in the fourth quarter from 1.33% and 1.77%
respectively in the third and second quarter. Annual inflation is expected at 1.4% in 2010,
after-0.3% in 2009. Similarly, in the euro zone and annual harmonized inflation reached 2%
after 1.7% and 1.5% in the third and second quarter while in Japan consumer prices
slightly went up to 0.10% after negative inflation in three previous quarters. Annual
inflation stayed negative at -1.4% in 2009 and is projected to -1.0% in 2010.

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Table 2: Inflation developments in %


2010
Q.I
Q.II
Q.III
2.33
1.77
1.13
United States (YoY)
1.10
1.50
1.70
Euro Zone (YoY)
-1.17
-0.93
-0.80
Japan (YoY)
Source: Bloomberg data base and IMF World Economic Outlook, January 2011

Q.IV
1.27
2.00
0.10

Average
1.60
1.50
-1.00

With regard to commodity markets, prices increased for both oil and non-oil commodities
due to strong demand from emerging markets and partly to shocks in supply for some
commodities. Thus, oil prices (Brent crude) increased by 13.6% for the fourth quarter
after declining by 2.9% in the previous quarter. In medium term, oil prices are expected
to slightly increase reflecting expectations of higher global economic expectations. For
non energy commodities, world prices have recovered from their decline in the second
quarter essentially for food commodities, beverages and agricultural commodities. In fact,
due to poor climatic conditions harvest was lesser than expected especially for wheat
whose prices rose by respectively 12.42% and 35.58% in the fourth and third quarter after
-3.42% in the second quarter. Metal prices continued to soar after recovering from the
June low level drawn by the rise in prices of tin (26.57%), silver (39.22%), aluminium
(12.15%) and copper (19.24%) in the fourth quarter 2010. Compared with the previous
year, in 2010 oil prices rose by 28.73% while non energy prices hiked by 23% after -36.3%
and -18.7% in 2009.
Table 3: Commodity price developments (in % change)
2009
Q.IV

Q.I

2010
Q.II

Crude oil, Brent


9.65
2.25
2.66
Coffee, Arabica
5.86
3.51
10.84
Coffee, Robusta
-2.28
-3.60
6.74
Tea, Mombasa auctions
0.52
1.03
-16.48
Soybeans
-3.30
-5.09
-1.92
Maize
10.93
-3.05
-3.06
Sorghum
17.56
-4.24
-9.10
Wheat, US SRW
18.38
-1.06
-3.42
Bananas EU
-7.64
-1.78
1.48
Bananas US
-1.61
-3.93
10.38
Sugar, world
7.04
3.05
-32.60
Aluminum
10.53
8.02
-3.10
Gold
14.75
0.66
7.83
Tin
3.93
13.47
3.76
Source: Our estimations based on World Bank data March 2011

Q.III

Q.IV

-2.90
19.51
13.78
1.56
10.58
15.22
7.71
35.58
-9.37
6.90
23.04
-0.32
2.58
15.08

13.6
9.69
8.90
5.61
15.49
32.86
35.85
12.42
10.81
-1.42
34.99
12.15
11.49
26.57

2009/2010
(% change)
28.73
36.23
5.53
1.61
2.95
12.33
9.50
23.51
-12.46
2.50
17.33
30.53
25.87
50.33

In low and middle income countries, energy prices rose by 12.26% in the last quarter 2010
after they declined by 3.07% in the previous quarter. Non energy commodity prices rose
by 16.12% led essentially by prices for base metals (17.54%), fertilizers (18.22%) and food
commodities (17.30%). Between 2009 and 2010, prices in low and middle income countries
increased by 26.54% for energy and by 27.64% for non energy (of which base metals
+42.56%).

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Table 4: World Bank commodity price indices for low and middle income countries (2000 =100)
(% change)
2009

Energy
Non Energy
Food
Grains
Fertilizers
Base Metals

2010

2009/ 2010

Q.IV

Q.I

Q.II

Q.III

Q.IV

11.19
7.04
3.50
4.20
-3.69
12.09

3.91
6.81
-0.25
-2.70
6.67
8.47

0.62
1.32
-5.69
-9.02
-2.18
-2.11

-3.07
2.53
10.43
13.87
9.94
2.00

12.21
16.12
17.30
21.94
18.22
17.54

26.54
27.64
9.27
0.42
-4.43
42.56

Source: Our estimations based on World Bank data, March 2011

I.3 FINANCIAL MARKETS


In the financial markets, central bank rates remained unchanged in developed countries
and low enough to encourage investment financing. Furthermore, due to recent concerns
on financial markets related to the sovereign debt risk in some European countries,
central banks introduced further accommodative policy measures. In November, US
announced other quantitative monetary easing.
Short and long term interest rates declined in leading economies on concerns about the
sustainability of the recovery in global economic activity but also because of worries
regarding the sustainability of public finances in European peripheral countries. Central
Bank rate in US stayed at 0.25% and three month rate at 0.30% in the last quarter 2010
while they stood respectively at 1.0% and 1.01% in Euro area and at 0.1% and 0.19% in
Japan. Ten year government bond yield rose to 3.30% from 2.51% in USA, to 2.96% from
2.28% in Euro Zone and to 1.13% from 0.94% in Japan.
Table 5: Interest rates developments (in % per annum)
2009
USA

Policy Rate
Three-months rate
Ten-year
interest
rate
Euro Area
Policy Rate
Three-months rate
Ten-year
interest
rate
Japan
Policy Rate
Three-months rate
Ten-year
interest
rate
Source: Bloomberg data base

2010
Q.IV
0.25
0.25
3.84

Q.I
0.25
0.29
3.83

Q.II
0.25
0.53
2.93

Q.III
0.25
0.29
2.51

Q.IV
0.25
0.30
3.30

1.00
0.70
3.39

1.00
0.63
3.09

1.00
0.77
2.58

1.00
0.89
2.28

1.00
1.01
2.96

0.10
0.28
1.30

0.10
0.24
1.40

0.10
0.24
1.09

0.10
0.22
0.94

0.10
0.19
1.13

With regard to exchange market, after a strong depreciation in the early 2010, the euro
witnessed a significant rebound against the US dollar since June to the beginning of
November. The appreciation of the USD versus the euro was mainly drawn by increasing
market expectations and following the decision of the Federal Reserve Open Market
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Committee on further monetary quantitative easing. Due to new recent financial concerns
in Europe, the euro has lost some of its earlier gains. For the sole first half of 2010, the
euro depreciated by about 15% in real effective terms. However, since July to September
2010, it depreciated following weaker than expected economic data in USA.

Table 6: Exchange rates development


2009

2010

Q.IV

Q.I

Q.II

Q.III

Q.IV

USD/EURO

1.43

1.35

1.22

1.36

1.34

USD/POUND STERLING

1.62

1.52

1.49

1.57

1.56

YEN/USD

93.02

93.47

88.43

83.53

81.12

Source: Bloomberg data base

The Japanese yen has depreciated in the first quarter 2010 but appreciated during the
following quarters. The Bank of Japan (BOJ) is intervening on exchange market to avoid
disruptive movements.

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II. NATIONAL ECONOMIC ACTIVITIES


II.1 REAL SECTOR PERFORMANCE
1. Agriculture Production
1.1 Food Crop Production

The total food crop production in both 2010 season A and B recorded an increase of 8.2%
compared to 2009 harvests, driven by roots and tubers and cereals production which
increased by 18.8% and 18.7% respectively. This sustained good performance of food
production was attributed to the favourable climatic conditions and Government Crop
Intensification Programs notably; increased supply and use of fertilizers, improved seed
supply to farmers and land consolidation program.
Table 6: Food crop production for 2010 season A and B (in thousands of tons)
2005
2006
2007
7 293
7 137
6 906
Total Food Crop
Annual % change
19.6
-2.1
-3.2
Cereals
409
362
356
Sorghum
228
187
167
Maize
97
92
103
Wheat
22
20
25
Paddy rice
62
63
62
Legumes
252
334
405
Beans
200
283
331
Peas
19
14
17
Groundnuts
10
9
16
Soya
24
27
41
Roots and Tubers
3 118
2 930
2 544
Irish potatoes
1 314
1 285
770
Sweet potatoes
886
777
845
Taro
137
125
152
Cassava
782
743
777
Bananas
2 813
2 654
2 698
Fruits & Vegetables
70
858
903
Source: Ministry of Agriculture and Animal Resources (MINAGRI)

2008
8 234
19.2
461
144
167
68
82
392
309
17
25
42
3 815
1 162
826
145
1 682
2 6034
962

2009
9 269
12.6
629
175
287
73
95
431
328
34
15
54
4 265
1 290
803
152
2 020
2 994
950

2010
10 028
8.2
747
148
441
86
72
449
342
37
13
57
5 065
1 794
832
160
2 279
2 780
987

% change
2010/2009
8.2
18.7
-15.3
53.7
19.1
-24.7
4.2
4.5
9.6
-12.7
4.4
18.8
39.1
3.5
4.9
12.8
-7.1
3.9

The overall food production in cereals increased by 18.7% mainly attributed to high
increase in the production of maize (53.7%) and wheat (19.1%), despite a fall in paddy rice
and sorghum whose production respectively decreased by 24.7% and 15.3%. This better
performance was a result of Government policies to increase availability, accessibility and
affordability of fertilizers to farmers.
The production for legumes was favorable where most leguminous crops show a positive
trend, such as peas, beans and soya whose production increased respectively by 9.6%,
4.5% and 4.4%. Since their production weight is relatively small accounting for only 4.5% of
the total production for the 2010 agriculture seasons, their contribution in the overall
production was limited. This increase in production of legumes was attributed mainly to
the continuous expansion in the land area under cultivation of peas and soya beans.
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The total production for roots and tubers also performed better with 18.8% mainly
attributed to Irish potatoes and cassava whose production increased by 39.1% and 12.8%
respectively. The production of cassava continues with the upward trend compared to the
2009 agriculture seasons and this increase was due to the adoption of new cassava trees
(cultivars) that are resistant to diseases. Also, the increase in production of roots and
tubers during the 2010 agriculture seasons A and B was attributed to the continuous
expansion in the land area under cultivation.
Fig.1: Food crop production structure (by category and in thousand tons)

Source: NISR and MINECOFIN

The production of bananas decreased by 7.1% compared to the same agriculture season of
the year 2009 as a result of some banana plantations that were heavily infected by
bacterial wilt especially in the Western Province and in some districts of the Northern
Province.
1.2 Export crops

The production of export crops also performed better compared to the previous year.
Tradable coffee increased by 28.3% in 2010, following a decline of 19% in 2009. This
increase is essentially attributed to favourable climatic conditions and the maintenance
and repairing of coffee factories. The fully washed coffee production increased
significantly by 34.5%, passing from 3 163 to 4 255 tons between 2009 and 2010.
With regard to the dry tea, its production slightly increased by 8.5%, and this
improvement is attributed to a number of factors notably; the privatization of some tea
factories, favourable weather conditions and stable prices on the international market.

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Table 7: Export crop production (in tons)


2006

2007

2008

2009

2010

Annual %
change

Tradable Coffee

26 598

14 850

18 596

15 055

19 319

28.3

Ordinary

24 752

12 572

15 942

11 892

15 063

26.7

Full washed

1 846

2 278

2 654

3 163

4 255

34.5

16 973

20 473

19 965

20 507

22 249

8.5

30

15

4.6

7.3

8.7

19.2

Dry Tea
Pyrethrum extract

Source: Rwanda Coffee and Tea Authorities and SOPYRWA

The production of extracted pyrethrum increased by 19.2% in 2010, following a high


increase of 58.7% in 2009, as a result of fundamental changes in production process from
June 2007. Gross pyrethrum extracts are no longer considered as final products by
SOPYRWA Company rather it is again passing through improved production process to
obtain a high value refined product, whose price is higher at the international market
than the former grade.
Fig. 2: Production of Coffee and Tea (in tons)

Source: OCIR CAFE and OCIR THE, Statistics department

1.3 Livestock and Animal Products

Livestock is an essential agriculture subsector of the Rwandan economy which forms an


important livelihood activity for most of the farmers, supporting agriculture in form of
critical inputs, contributing to the health and nutrition of the household, and
supplementing their income.
Table 8: Development in total number of livestock (in thousands of heads)
2006
1 122
2 688
695
528
1 776
418
7 227

Cattle
Goats
Sheep
Pigs
Poultry
Rabbits
Total

2007
1 147
2 738
704
571
1 868
423
7 451

2008
1 195
2 520
718
587
2 218
451
7 689

2009
1 231
2 621
754
639
2 473
716
8 073

2010
1 335
2 971
799
707
4 421
845
11 078

Annual % change
8.5
13.4
6.0
10.6
78.8
18.0
37.2

Source: MINAGRI

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With exception of sheep and cattle which slightly rose, all other animal species have
significantly increased compared to the previous year. The number of cattle, goats,
sheep, pigs and rabbits has increased significantly due to progressive modernizing of
traditional livestock and the expansion of land area that was reserved for pasture.
Due to the improvement in the breeds of cattle distributed to farmers under One Cow per
Household Government project, milk production increased by 11.3%, rising from 334.7 to
372.6 millions of litres in 2010. During the same period, meat production increased by
9.9% while had increased by 22.2% in 2009. The production of eggs highly increased by
59.2% from an increase of 18.3% in 2009 while the production of fish rose by 6.4%
compared to an increase of 8.4% in 2009. Honey production also increased by 27.5%
compared to a slight increase of 0.6% in 2009.
Table 9: Animal products developments
Meat
Fish
Eggs
Honey
Milk (in
Source: MINAGRI

2006
52 226

2007
54 780

2008
53 900

2009
65 863

2010
72 395

Annual % change
9.9

9 267
2 236
1 671
146 .840

9 655
1 620
1 676
158. 764

8 746
1 983
1 686
257. 197

14 104
3 268
2 684
334.727

15 007
5 203
3 422
372.619

6.4
59.2
27.5
11.3

2. Non Agricultural Activities


2.1 Composite index of economic activities

As shown by the Composite Indicator of Economic Activities (CIEA) in the industry and
service sectors, non agricultural economic activities performed better in 2010, showing a
significant recovery from 2009 low performance due to credit squeeze as well as global
economic recession. In nominal terms, the Composite Indicator of Economic Activity
(CIEA) increased on annual basis by 11.4% in December 2010, against 7.4% in September,
8.5% in June, 3.5% in March 2010 and -1.2% in December 2009.

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Table 10: Composite Indicator of Economic Activities (Base 2006: 100)


Composite Index (CIEA)
March
139.9
June
158.6
2008
September
176.2
December
182.2
March
169.8
June
169.9
2009
September
169.8
December
180.1
January
168.7
February
172.1
March
2010
175.9
April
176.5
May
178.4
June
184.3
July
182.9
August
187.3
September
182.4
October
185.3
November
185.9
December
200.5
Source: BNR, Research and Policy Analysis Department

% Change
Monthly
3.4
2.1
3.2
4.0
3.1
3.3
0.7
5.5
-6.3
2.0
2.2
0.3
1.1
3.3
-0.8
2.5
-2.6
1.6
0.3
7.9

Annual
23.4
31.3
35.7
30.7
21.4
7.1
-3.6
-1.2
2.0
4.4
3.5
8.7
8.4
8.5
9.3
11.1
7.4
12.9
8.9
11.4

Fig. 3: Composite Indicator of Economic Activities (Base 2006: 100)

Source: BNR, Research and Policy Analysis Department

2.2 Turnovers for industries and services

Since the beginning of this year, economic activities are significantly improving in the
mining sector, construction sector, transport and storage services, financial services and
trade services. However, recovery is still moderate in manufacturing industries and energy
sector, as evidenced by recorded turnovers of industries.
The total turnovers registered by large companies in the industry and service sectors,
which are one of the key indicators of economic performance, in 2010 rose by 26.3%, as
total sales increased from RWF 1 196.3 to 1 511.0 billion, of which industry sector rose by
39.3% due to the high increase in the mining industry (+77.0%) and construction industry
(+72.2%), while service sector grew by 21.1% due to the high increase in petroleum
companies (+37.6%), banks & insurance services (+31.5%), and transport and storage
services (+24.8%).

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Table 11: Monthly % changes for the Industry and Services sectors total turnovers
Monthly change 2010

Annual change

Jan.

Feb.

Mar.

April

May

June

July

Aug.

Sept

Oct.

Nov.

-36.5

12.1

7.4

11.8

10.3

18.7

-1.6

27.9

-19.7

-12.0

8.3

64.57

0.8

39.3

-27.0

15.8

5.4

0.4

23.5

12.5

-1.0

14.0

-11.7

-8.3

-3.8

31.78

-3.9

24.6

Energy

1.0

5.4

-13.1

37.7

9.1

-12.7

31.9

-0.5

-9.3

-2.7

-13.8

13.63

26.0

13.9

Mining

11.0

-27.8

13.1

21.6

3.9

9.3

2.3

31.3

12.9

-55.5

83.9

28.46

-13.6

77.0

Construction

-68.1

38.5

21.0

21.7

-9.3

54.3

-13.9

66.8

-43.0

2.1

20.3

143.34

5.9

72.2

-22.9

7.3

9.6

-5.8

2.8

7.1

-1.2

3.8

3.2

-4.5

4.7

21.98

5.4

21.1

INDUSTRIES
Manufacturing

SERVICES

Dec

2009

2010

Trade Services

-25.0

2.6

15.9

-12.0

9.7

2.2

-2.9

6.6

9.4

-5.6

-1.2

28.76

3.6

15.0

Banks & Insurance

21.2

-10.7

33.8

-14.1

2.0

15.4

-8.5

7.1

-13.4

2.3

14.3

40.17

15.3

31.5

Transport

-42.7

51.7

-20.9

-2.3

0.1

7.9

2.0

1.9

-17.7

2.8

9.8

-6.66

33.9

24.8

Garage Services

-39.7

46.1

-10.6

0.6

16.4

5.8

-16.4

-13.1

17.9

38.1

-12.1

9.33

-31.4

-34.8
37.6

and

Petroleum

-18.7

3.4

11.3

7.3

-6.1

14.4

11.4

-1.5

5.8

0.0

0.9

5.68

-13.6

Posts & Telcom.

-6.7

64.3

-14.8

-1.8

2.8

0.8

1.5

-2.0

0.3

-20.0

30.4

5.12

23.1

15.3

Other Services

-19.9

-12.9

0.5

16.3

-12.4

16.0

-11.4

5.9

10.1

-4.8

4.4

31.89

20.0

16.6

-26.9

8.5

6.4

-1.3

5.0

10.7

-1.3

11.7

-5.4

-6.9

5.8

35.13

4.0

26.3

TOTAL SALES

Source: RRA, Department of Large Tax Payers

Comparing December to November 2010, the total turnovers registered by large


companies in the industry and services sectors highly increased by 35.1%, as total sales
rose to RWF 179.7 billion from 133.0 billion. The industry sector highly rose by 64.6%
emanating mainly from a respective increase of 143.3%, 31.8% and 28.5% in construction,
manufacturing and mining industry.

Industry sector

The turnovers for the industry sector rose by 39.3% due to the high increase in the mining
industry, construction, and manufacturing industry.
The turnovers for manufacturing industries rose by 24.6%, and this increase emanates
mainly from printing shops (+42.4%) and other manufacturing industries (+29.6). The
energy sector experienced a slight increase with regard to other sectors. Its turnovers
increased by 13.9%, as a result of improvement in production, although production level is
still below the domestic demand.
The turnovers in mining industry increased highly by 77%, as a result of the increase in the
international prices of all minerals mostly tin whose prices rose from an average of 6.69
USD/kg in 2009 to 10.86 USD/Kg in 2010. In the construction sector, the turnovers grew by
72.2%, rising from RWF 83.0 billion in 2009 to RWF 143.0 billion in 2010.

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Fig.4: Monthly turnovers development in the industry sector (in millions of RWF)

Source: RRA, Department of Large Tax Payers

Services sector

The overall services activities in 2010 registered a nominal increase of 21.1% of their
turnovers compared the previous year. This better performance of the sector is mainly
explained by a high increase in petroleum companies (+37.6%), banks & insurance
companies (+31.5%) and transport and storage services (+24.8%). Other services, post and
telecommunication and trade services also performed better, but garage services
performed poorly falling by 34.8%.
Fig. 5: Developments in turnovers of large enterprises providing services (in million of RWF)

Source: RRA, Department of Large Tax Payers

On monthly basis, the service sector highly increased by 22% due mainly to the increase of
40.2% in banks & insurance companies, 32% in other services and 28.8% in trade services,
despite a decrease of 6.7% in transport and storage services.

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II.2 INFLATION DEVELOPMENTS


1. Overall Inflation

Due to the better performance in food production, a decline in import prices and stable
Rwandan Francs (RWF), Rwanda has continued to experience significantly low inflation, a
sustained trend observed since the third quarter 2009. Annual headline inflation slightly
rose by 0.2% in December from 5.7% in December 2009.
Fig 6: Annual average inflation developments in % change

Source: NBR, Statistics Department

The main contributions to the stable inflation have been food and non alcoholic beverages
and transport, declining from 2.3% in January to -0.97% in December 2010, while that of
transport declined from 1.4% to 0.5%.
Table 12: Inflation (% change in CPI, base 2009:100)
Q4, Monthly Inflation

Annual Headline Inflation


2009
All Products and Services
1. Food and non-alcoholic
b
- Bread and cereals
- Meat
- Fish

Dec.

Mar.

10 000

5.7

2.05

3 538

9.0

0.23

6.59

733

2.8

-1.91

-3.12

274

-3.1

-5.44

-0.85

b
2. Alcoholic beverages and
3. bClothing and footwear

Jun.
5.03

2010
Sept

Dec.

Oct.

Nov.

1.47

0.23

-0.47

0.70

Dec.
-1.08

0.61

-2.69

-1.61

1.41

-2.38

-8.32

-10.64

-1.75

3.74

1.29

3.05

5.00

2.67

0.19

1.02

1.83

10.55

-0.64

1.93

-0.76

20.7

1.71

16.12

10.8
1
3.18

9.39

1 200

-5.20

-5.41

-1.26

-9.26

160

-1.4

-0.36

-0.26

0.56

-0.77

1.91

-1.44

240

8.6

18.20

7.25

7.32

4.06

0.48

0.81

-0.22

83

- Vegetables
- Non-alcoholic

2010

Weights

3.4

377

1.9

0.64

2.62

0.58

1.59

0.38

0.40

0.50

2 204

1.0

-1.20

2.14

2.39

1.63

0.40

-0.49

-1.09

457

-0.4

-1.93

-1.14

-0.75

0.87

-0.57

-0.8

2.00

2.82

2
98
0.23

-2.37

163

-1.14

0.25

-0.19

-0.41

1 189

11.7

12.10

13.39

2.96

4.07

0.31

1.68

0.66

8. Communication

288

-3.0

-0.04

2.55

0.75

-0.44

-1.31

-1.75

0.30

9. Recreation and culture

256

1.8

0.12

0.17

1.16

1.38

1.50

0.32

-0.76

10. Education

331

17.4

6.42

6.42

6.50

6.51

0.00

0.00

0.00

11. Restaurants and hotels


558
12. Miscellaneous goods and
400
i
Source:
BNR, Statistics Department

2.0

3.07

3.27

1.87

-0.44

-0.05

-0.26

-1.03

-2.0

-2.15

-2.24

1 54

2.38

-0.37

1.90

-0.03

4. Housing, water, electricity,


d h fhousehold
l
5. Furnishing,
i
6. Health

7. Transport

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2. Annual and Underlying average inflation

The annual average inflation dropped to 2.3% in December 2010 after 10.3% in December
2009, and the underlying inflation which excludes fresh foods and energy from the overall
CPI, on annual average has come down to 1.5% from 8.5% in December 2009.
The underlying inflation, which does not account for fresh foods and energy, on annual
average dropped to 1.5% from 3.3% in June, 6.5% in March 2010 and 8.5% in December
2009.
The underlying inflation on annual change dropped to 1.2% from 8.5% in December 2009.
On monthly basis, the underlying inflation was almost stable rising by 0.08% in December
2010 from 3.46% in December 2009.
Table 13: Annual average inflation developments (base Feb.2009=100)
2009

2010

Mar.

Jun.

Jul.

Aug.

Sept.

Oct.

Nov.

Dec.

Annual average inflation

18.5

17.9

16.9

15.6

14.4

13.0

11.6

10.3

Mar.
6.5

Underlying average inflation

18.1

17.2

16.0

14.6

13.1

11.5

10.0

8.5

5.0

Jun.

Jul.

Aug.

Sept.

Oct.

Nov.

Dec.

4.8

4.4

4.1

3.7

3.3

2.8

2.3

3.3

2.8

2.5

2.2

2.0

1.8

1.5

Source: BNR, Statistics Department

3. Local and Imported Inflation

The price index for locally produced goods significantly declined by -0.07% in December
2010 from 1.75% in September 2010 on annual change, while prices for imported goods
rose from 1.34% in September to 1.45% in December 2010.
Table 14: Inflation by origin and category (% change in CPI, base 2009:100)
Q4, Monthly Inflation

Annual Headline Inflation


2009
Overall inflation
Local Goods

2010

2009

Weights
10 000

Dec.
5.74

Mar.
2.05

Jun.
5.03

Sept.
1.47

7947

6.32
1.37

2.68

5.93

-0.38

1.56

Dec.
0.23

Oct.
-0.47

Nov.
0.70

Dec.
-1.08

1.75

-0.07

-0.61

0.70

-1.45

0.34

1.45

0.12

0.68

0.42

14.75

2.78

-1.06

-3.15

1.19

-5.77

0.59

-0.18

-2.66

0.01

0.68

0.08

Imported Goods

2053

Fresh Food Products

1403

20.49

4.64

Energy

767

1.27

1.63

6.81

4.48

3.61

Underlying inflation

7829

3.46

1.62

3.12

0.88

0.15

Source: BNR, Statistics Department

Due to the continued improvement in agriculture production, prices for fresh foods
continue to decline significantly falling by -1.06% in December 2010 from a rise of 20.49%
in December 2009. Energy prices rose by 3.6% in December 2010 from 1.3% in December
2009.

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II.3 EXTERNAL TRADE DEVELOPMENTS


With regard to the external trade in 2010, exports value increased by 26.5% compared to
2009, while its volume also rose by 9.3%. Following the upward trend of imports during
the last years, their value increased by 8.7% in 2010 due to price effect, while volume
increased by 11.9%. There is an improvement in trade balance since exports covered
27.4% of imports from 23.6% in 2009.
A. Exports

The Rwandan exports remained dominated by traditional export products (coffee, tea and
minerals) constituting 60.4% of the total export earnings in 2010. Tea exports have
continued to perform better in both value and volume increasing by 15.5% and 15.2%
respectively, resulting mainly from stable international prices, from an average of 2.58
USD/kg in 2009 to an average of 2.59 USD/Kg in 2010.
Coffee exports also performed better, increasing highly by 50.4% in value due the increase
in international prices from an average of 2.49 USD/kg in 2009 to an average of 3.08
USD/kg, and rose by 21.6% in volume, as a result of the coffee season. Considering the
importance of the 2010 harvests, coffee exports have picked up in the second half of the
year. The mining sector performed better as its exports value increased by 22.3% despite
a decrease in volume by 11.4% on average in 2010 compared to 2009. This better
performance of the mining sector is mainly attributed to upward trend of prices on
international markets for all minerals.
The value of re- exports and other export products representing 23.4% of the total export
earnings in 2010 has increased by 74.5% and 21.9% respectively. Other export products
are dominated by a set of products and globally these are exported to DRC and EAC
countries, except for minerals and hand crafts exported to UK, China, Hong Kong, USA,
Belgium and Japan. Pyrethrum and hides & skins have also significantly increased in value
respectively by 118.6% and 90.8%.
Re-exported products are dominated by cassiterite, exported to Switzerland. Other reexported products include petroleum products and vehicles exported to DRC and Burundi
and machines & engines exported to EAC countries.

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Table 15: Export developments (Value in million of USD, Volume in tons)


Jan. Dec. 2009
Volume
Value
EXPORTS
Coffee
Tea
Tin
Coltan
Wolfram
Hides and Skins
Pyrethrum
Re-exports
Other export products
Source: BNR, Statistics Department

103 135
14 992
18 689
4 269
950
874
1 792
3
4 080
57 485

234.9
37.3
48.2
28.6
20.2
5.8
2.0
0.6
20.6
27.7

Jan. Dec. 2010


Volume
Value
112 760
18 236
21 528
3 874
749
843
3 731
6
7 398
56 394

297.3
56.1
55.7
42.2
18.5
7.1
3.7
1.4
35.9
33.8

% change
Volume
Value
9.3
21.6
15.2
-9.3
-21.2
-3.6
108.2
99.2
81.3
-1.9

26.5
50.4
15.5
47.7
-8.7
23.3
90.8
118.6
74.5
21.9

B. Imports

In 2010 imports increased by 8.7% in value while increasing by 11.9% in volume. This trend
is mainly due to the increase in value of import of consumer goods (23.8%) accounting for
41.1% of the total value of imports. While the import of consumer goods increased in
value, the import of capital goods declined by 1.7% in value but increased by 19.7% in
volume. Intermediate goods also increased in value (+18.1) and volume (+6.1%).
Intermediate goods rose by 18.1% in value and 6.1% in volume. This performance in value
is explained essentially by construction materials which increased by 22.2% in value while
slightly rising by 4.8% in volume, a situation mainly attributed to other construction
materials and cement and other similar products which respectively rose by 58% and 22%.
The industrial products, also increased by 19% in value, and with a high growth in volume
(+41%), due to the chemical and metallic industries whose import value highly increased
by 58% and 55% respectively.
The sensitive decline in both value and volume in fertilizers with respective falling rates
of 27.3% and 49.8% was mainly due to the less importation of fertilizers recorded in 2010
compared to 2009. Imports of energy and lubricants, of which fuel accounts for 95.6%
increased by 14.3% in value and by 3.4% in volume, due to price effect during the period.
Thus, the imported fuel in 2010 rose by 15.3% in value and increased by 2.4% in volume.

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Table 16: Imports Developments (Value FOB in million of USD, Volume in thousands of tons)

TOTAL IMPORTS
Consumer goods
Of which: Food products
Health and care
Capital goods
Of which: Transport materials
Machines, devices and tools
Intermediate goods
Of which: Construction materials
Industrial products
Fertilizers
Energy and lubricants
Of which fuel
Source: BNR, Statistics Department

Jan Dec.
Volume
1 062
743
383
301

2009
Value

JanDec.
Volume
1 188
977
468
472

2010
Value

% change
Volume
Value

276 182
29 024
35 974
7 578
15 851
454 022
274 562
104 164
63 826

997.0
360.2
124.1
103.6
372.1
61.1
240.7
330.1
134.7
133.5
30.6

372 488
30 768
43 076
6 773
19 625
481 644
287 851
146 450
32 068

1 084.0
445.9
155.2
92.4
365.6
66.6
217.8
389.8
164.6
159.4
22.2

11.9
22.2
34.9
6.0
19.7
-10.6
23.8
6.1
4.8
40.6
-49.8

8.7
23.8
25.0
-10.8
-1.7
9.1
-9.5
18.1
22.2
19.4
-27.3

189 446

185.4

195 785

212.0

3.3

14.3

185 768

175.6

190 167

202.6

2.4

15.3

C. Trade with EAC countries

Rwandas total trade with EAC partner states recorded a significant expansion in both
imports and exports. From 2006 to 2010 the total trade volume with EAC recorded a high
increase more than double from USD 278 to 600 million, driven mainly by imports clearly
indicating that Rwanda is a net importer in the EAC region.
D. Informal cross-border trade

As evidenced by the results of a survey being conducted by the Ministry of Commerce,


National Bank of Rwanda and National Institute of Statistics, total exports in 2010 under
cross border trade amounted to USD 46.91 millions from USD 46.58 millions in 2009 and
represented around 19% of formal exports. During the same period, the informal imports
declined by 9.7% from USD 23.52 to 21.23 million between 2009 and 2010, leading to
improvement in Rwandas positive trade balance with neighboring countries. This informal
cross border exports and imports are dominated by crop products and live animals and the
main trade partners are DRC and Uganda.
Table 17: Rwanda informal cross border trade (in USD millions)

Q1
Q2
Exports
11.10
10.65
Imports
5.98
5.47
Trade balance
5.12
5.18
Source: BNR, Statistics Department

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2009
Q3
11.06
5.96
5.10

Q4
13.77
6.10
7.67

Total
46.58
23.52
23.07

Q1
12.55
4.69
7.86

Q2
10.91
4.85
6.07

2010
Q3
12.22
6.58
5.64

Q4
11.22
5.11
6.11

Total
46.91
21.23
25.68

Page 20

II.4 PUBLIC FINANCE AND DOMESTIC DEBT


1. Public Finance

For the year 2010, although total grants increased by 14.4%, from RWF 347.4 billion in
2009 to 397.4 billion in 2010, the overall fiscal deficit, including grants as percentage of
nominal GDP increased from 0.8% to 1.8%, while that excluding grants worsened from
12.4 to 13.8% of GDP. This behavior of fiscal deficit was mainly due to the high
government spending that increased by 18.2%, from Rwf 750.9 to Rwf 887.7 billion in
2010.
Table 18: Government Financial Operations (in billions of RWF, unless otherwise indicated)
2009

Q2

Q3

Q4

Total

162.77

246.3

212.3

208.5

828.2

Q4
2010
/Q4
0.7

379.4

105.7

101.5

108.4

118.2

430.8

23.0

362.8

102.4

96.2

103.8

113.3

412.7

21.8

36.2

136.5

42.6

37.5

39.4

42.4

161.8

17.2

46.3

48.4

183.7

51.2

50.6

55.7

61.8

219.2

27.6

7.6

8.4

42.7

8.6

8.2

8.8

9.1

34.7

8.2

7.2

3.4

3.1

16.5

3.3

5.3

4.7

4.9

18.1

59.3

38.6

104.9

93.0

110.9

347.4

57.0

144.8

103.9

90.3

397.4

-18.6

11.4

90.1

61.1

71.0

233.6

29.7

117.5

69.8

57.5

275.9

-19.0

Q1

Q2

Q3

Q4

132.7

204.5

182.6

207.0

726.8

Total domestic revenues

94.1

99.6

89.6

96.1

Total tax revenues

91.1

92.4

86.2

93.0

Direct taxes

31.4

36.5

32.3

Taxes on goods and services

46.2

42.8

Taxes on international trade

13.5

13.1

Non tax revenues

3.0

Grants
Budgetary grants

Total revenues and grants

%
chan

2010
Total

Q1

27.2

14.8

31.9

39.9

113.8

27.3

27.3

34.1

32.8

121.5

-17.7

Total Expenditure and net


lending

186.9

162.6

192.9

208.6

750.9

196.7

213.2

236.3

250.7

887.7

20.2

Total Expenditure

183.0

158.1

170.9

204.3

716.3

191.8

213.8

216.8

246.0

859.5

24.4

Current expenditure

108.9

98.0

107.4

110.1

424.4

117.3

127.1

124.7

133.7

500.8

21.4

Wages and salaries

22.9

23.8

25.1

25.6

97.4

26.6

29.4

28.9

31.3

116.3

22.3

Purchase of goods and services

27.5

31.2

22.5

23.6

104.8

28.1

41.3

24.6

33.0

118.6

39.4

Interest payment on public


debt

1.8

2.9

3.2

3.6

11.4

3.6

4.0

3.7

4.0

14.7

12.6

Transfers and subsidies

41.9

33.3

41.2

46.1

162.4

45.0

41.1

49.4

46.8

189.5

1.4

Exceptional social expenditure

15.0

6.7

15.4

11.2

48.3

14.0

11.3

18.2

18.6

61.7

66.5

Capital expenditure

74.1

60.1

63.5

94.2

291.9

74.6

86.7

92.1

112.3

358.6

19.2

Net lending

3.9

4.5

22.0

4.3

34.7

4.8

-0.6

19.4

4.7

28.3

8.6

Current deficit

-14.9

1.7

-17.8

-14.0

-45.0

-11.6

-25.6

-16.3

-15.5

-69.9

10.7

Including grants

-54.2

41.9

-10.3

-1.6

-24.2

-34.0

33.2

-24.0

-42.2

-59.6

2
562.9

Excluding grants

-92.8

-63.0

-103.3

-112.5

-371.6

-91.0

-111.6

-127.9

-132.5

-456.9

17.8
50.5

Capital grants

Change in arrears

-2.0

-3.2

2.9

-8.3

-10.6

18.2

-24.0

5.3

-12.5

-13.2

Overall deficit (cash basis)

-56.2

38.7

-7.4

-9.9

-34.8

-15.9

9.1

-18.7

-54.6

-72.7

Financing

56.2

-38.7

7.4

9.9

34.8

15.9

-9.1

18.7

54.7

72.7

453.2
453.2

Foreign financing (net)

11.5

11.8

6.7

4.4

34.4

16.7

8.0

14.3

12.6

37.6

187.7

Domestic financing

44.6

-50.5

0.7

5.5

0.4

-0.8

-17.2

4.4

42.0

35.1

666.4

Banking system

-22.5

19.9

8.7

-0.9

5.10

29.3

-6.7

-6.7

1.1

17.0

222.2

Non bank (net)

-2.5

-6.8

-4.5

-5.2

-19.0

-5.2

-2.4

-1.2

-1.5

-10.3

540.4

Source: Ministry of Finance and Economic Planning (MINECOFIN)

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Page 21

1.1 Government Revenues and Grants

The Governments overall macroeconomic strategy continued to concentrate on


reinforcing economic growth by stimulating domestic sources of growth, promoting higher
productivity and helping to stabilize the economy. Compared to the previous year,
domestic revenues did maintain an increase in 2010, increasing by 13.6% from RWF 379.3
to RWF 430.8 billions. Nontax revenues increased by 9.7% following a shortfall of 9.1% the
previous year.
Compared with the fourth quarter 2009, Government revenues and grants maintained an
increase in the fourth quarter 2010, rising by 0.7%, from RWF 207.0 billion to RWF 208.5
billion. This increase emanates mainly from total domestic revenues rising by 23%, despite
a decline in total grants (-18.6%).
A.

Domestic revenues

Tax revenue collection performed well in 2010, in line with the trend observed during the
last few years, and consistent with the growth of GDP. The proportion of tax revenues to
GDP slightly increased from 12.7% to 13%. Direct tax collection amounted to RWF 162.1
billion against RWF 131.6 billion achieved in 2009, which is an increase of 18.7%. Tax
revenues amounted to RWF 412.7 in 2010 against RWF 362.8 billion recorded the previous
year, which is an increase of 13.8%. Tax revenues have improved because Rwanda
Revenue Authority (RRA) has marked tax administrative reforms and collection
mechanism. The RRA took various measures to broaden the tax base and improve
efficiency in its operations.
RRA established measures in which fighting tax evasion and avoidance with a special on
activities on informal sector.
Non tax revenues stood at RWF 18.1 in 2010 against RWF 16.5 billion achieved in 2009,
which is an increase of 9.7%. The performance of non-tax revenue comes mainly from
good performance of registration fees paid by privately registered candidates for national
examination, fees from sale of maps, school books fees, fees from issuance of passports
and examination fees on driving license, National Bank of Rwanda dividends, ID cards
receipts and driving, strategic stock for petroleum products and other dividends.
In addition, RRA focused efforts in fighting forged invoices and monitoring international
transit. Special attention was given to operations aimed at fighting smugglers of some
sensitive products such as liquors and wines, VAT evaders and users of forged documents.

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Fig. 7: Tax and non tax revenues, in billions of RWF

Source: Ministry of Finance and Economic Planning (MINECOFIN)

B. Grants

The total grants increased by 14.4%, from RWF 347.4 to 397.4 billion in 2010. Current
(budgetary) grants totaled RWF 275.9 billion (69.4 % of total grants) while capital grants
account for the balance (RWF 121.5 billion or 30.6% of total). Total grants have performed
well and their share to GDP has also increased by 12% in 2010 against 11.6% the previous
year. Unlike in 2009, the share of total grants to total government resources in 2010 was
substantially high, that is 48% while it was 47.8% in 2009, which is an indication that
foreign resources are still crucial in this era for setting up necessary infrastructure and
resources for a sustainable development.
In the fourth quarter 2010, total grants decreased by 18.6%, from RWF 110.9 billion to
RWF 90.3 billion in the corresponding period of the previous year. Current (budgetary)
grants totaled RWF 57.5 billion (63.7% of total grants) while capital grants account for
36.3% of the total grants (RWF 32.8 billion).

Fig. 8: Total grants, in billions of RWF

Source: Ministry of Finance and Economic Planning (MINECOFIN)

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1.2 Government Expenditure and net lending

The overall thrust of the Governments expenditure was to strengthen the fundamentals
of the economy and to increase the private sectors resilience and make it the engine of
growth. In managing expenditure, emphasis was placed on enhancing efficiency and cost
effectiveness. In the year 2010, total government expenditure and net lending increased
by 18.2%, from RWF 750.9 to RWF 887.7 billion. Spending outlays were dominated by
capacity building and infrastructural development projects as the main spending priorities
mentioned in the economic development and poverty reduction strategy paper (EDPRS).
The fourth quarter 2010 was marked by an increase in government expenditure and net
lending compared to the corresponding period of the previous year, passing from RWF
208.6 billion to RWF 250.7 billion, of which total government expenditure rose by 24.4%
and net lending by 8.6%.
A.

Current expenditure

Comprising wages and salaries, purchases of goods and services, interest payments on
public debt, transfers and exceptional expenditures, current expenditures amounted to
RWF 500.8 against RWF 424.3 billion recorded in 2009, which is an increase of 18%. The
transfers, which were the largest component of current expenditure (37.8%), rose by
16.7%. Likewise, wages and salaries and purchase of goods and services increased
respectively by 19.4% and 13.1%. Here, more spending concent Income Statement of MFIs, CSS
Excluded

rated in education particularly training teachers, construction of classrooms and

various roads.
B. Capital expenditure

Capital expenditure amounted to RWF 358.7 billion in 2010 as compared to RWF 291.9
billion recorded in 2009, that is an increase of 22.9%. The focus of development
expenditure was to enhance longer-term productivity and competitiveness, while
supportive further economic activity.
The net lending expenses, which are composed of loans to public enterprises minus their
reimbursements, stood at RWF 28.3 billion in 2010 down from 34.7 billion achieved in
2009.

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Fig. 9: Current and Capital expenditure, in billions of RWF

Source: Ministry of Finance and Economic Planning (MINECOFIN)

1.3 Budget deficit and its financing


A.

Budget deficit

In line with tax collection efforts and external assistance, the Government financial
transactions achieved an overall deficit (payment order basis) including grants of RWF
59.6 billion (which is 1.8% of GDP) in 2010 against a deficit of RWF 24.2 billion (0.8% of
GDP) in 2009. The overall deficit excluding grants reached RWF 456.9 from 373.8 billion,
which is 13.8% of GDP from 12.4% in 2009.
The current deficit was RWF 70 billion (which is 2.1% of GDP from 1.5% in 2009), and this
trend reflects the necessary current expenditure portfolios that the government faced in
2010.This behavior of fiscal deficits was mainly caused by more government spending that
increased from RWF 750.9 to 887.7 billion in 2010.
During the fourth quarter 2010, the overall fiscal deficit including grants worsened from
RWF 1.6 billion to RWF 42.2 billion, and this overall deficit deterioration was mainly due
to the high government spending that increase by 20.2%, while total grants dropped by
18.6%.
B.

Deficit financing

In the year 2010, a total deficit of RWF 72.7 billion (cash basis) was financed mainly from
external resources in-form of project loans that provided RWF 37.6 billion and the banking
system that financed a total of RWF 35.1 billion.

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Table 19: Deficit financing (in billions of RWF)


Fourth quarter 2009

Fourth quarter 2010

% Change

Financing

9.88

54.64

453.2

Foreign financing net

4.39

12.6

187.7

5.11

14.9

191.3

5.11

14.9

191.3
213.2

Drawings
Budgetary loans
Project loans
Amortization (paid)

-0.73

-2.28

Domestic financing (net)

5.49

42.02

665.4

Banking system (monetary


survey)
Non bank (net)

-0.9

1.1

-222.2

6.39

40.92

540.4

Source: Ministry of Finance and Economic Planning

2. DOMESTIC DEBT

The total domestic debt stock of the government in 2010 increased by 19.2%, from RWF
253.6 billion in 2009 to RWF 302.3 billion in 2010, mainly due to the increase in the
issuance of Government bonds. The domestic debt of the banking sector highly increased
by 137.8% in 2010 against 25.2% in 2009.
In the fourth quarter 2010, the total government domestic debt stock also rose by 19.7%,
from RWF 252.6 billion recorded end September 2010 to RWF 302.3 billion end December
2010, mainly due to the high increase (+47.3%) in the banking sector.
Table 20: Development of domestic public debt (in billions of RWF)
2009
Mar.
NBR

Jun.

2010

Sept.

Dec.

Mar.

Jun.

Sept.

Dec.

39.7

71.2

94.2

126.0

126.3

124.9

109.1

127.3

Consolidated debt

39.7

39.4

40.9

39.4

39.4

39.4

39.3

39.3

Overdraft and advances

0.0

0.0

0.0

10.8

21.5

0.0

0.0

18.5

BNR monetary policy instruments


(T-Bills + REPO)
Banking Sector
Old development bonds
(including PRE 1994 Debt)

0.0

31.8

53.3

75.9

65.5

85.6

69.7

69.4

26.7

27.3

28.9

42.8

36.5

67.2

69.0

101.7

2.6

2.6

2.6

2.6

2.0

1.0

1.0

0.6

New Development bonds of which Banks recapitalization

5.4

8.3

8.1

19.4

13.8

16.3

17.1

19.2

Government securities (T-Bills and Gvt Bonds)

11.5

11.5

11.5

14.4

7.4

8.5

8.5

8.5

0.0

0.0

1.0

0.0

7.1

34.1

35.6

66.1

6.2

4.3

5.2

6.3

6.1

7.3

6.9

7.2

Treasury bills (issued at BNR for treasury issue)


Other accounts receivable
Non Banking Sector

79.3

76.6

74.1

84.9

77.9

75.3

74.3

73.3

Old development bonds (including PRE 1994 Debt)

1.3

1.3

1.3

1.0

1.0

0.9

0.9

0.9

New Development bonds

0.2

2.3

1.8

4.5

1.8

0.8

1.2

1.7

Consolidated debt to Rwanda Social Security Fund

58.2

58.2

58.2

56.4

56.4

53.9

53.9

53.9

Government securities (T-Bills and Gvt Bonds)

2.8

2.8

2.8

2.8

0.9

0.5

0.5

0.5

0.3

0.0

0.0

0.0

0.4

2.2

2.0

0.3

Treasury bills (issued at BNR for treasury issue)


Other bonds for old arrears
TOTAL DOMESTIC DEBT STOCK

16.5

12.0

10.0

20.2

17.5

15.9

15.9

15.9

145.7

175.0

197.2

253.6

240.7

266.4

252.6

302.3

Source: BNR, Statistics Department

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The profile of domestic debt by holder category shows that the National Bank of Rwanda
(BNR) is the leading creditor to the government holding +42.1% of the total domestic debt
stock followed by the banking sector (+33.6%), of which treasury bills take the lions share
of 65% in the banking sector. Another creditor is the non banking sector composed of non
bank financial institutions with 24.2% of the total domestic debt stock.
Fig. 10: Composition of domestic debt (% share)

Source: BNR, Research and Policy Analysis Department

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III. MONETARY SECTOR DEVELOPMENTS


III.1 MONEY SUPPLY
The fourth quarter 2010 indicated an overall improvement in monetary aggregates
expansion. Therefore, Net Foreign Assets (NFA) and credit to private sector increased
while net credit to Government declined.
Table 21: Monetary aggregates developments (amount in RWF billion)
2010

2009
Net foreign assets
Net domestic assets
Domestic credit
Central government (net)
Autonomous Agences
Public enterprises
Private sector
Other items net (Assets: +)
Broad money M3
Broad money M2
Money M1
Currency in circulation
Deposits
of which: demand deposits in Rwf
time deposits Rwf
foreign currency deposits

Dec

Mar

Jun

Sep

Dec

442.9
82.6
217.0
-141.3
-1.9
3.0
357.3
-134.5
526.6
429.5
267.1
77.0
447.5
190.1
162.4
97.0

407.7
95.0
246.8
-119.9
-1.9
2.8
365.9
-151.8
502.8
408.0
247.8
68.4
434.4
179.4
160.2
94.8

474.4
80.5
244.0
-125.8
-4.3
2.9
371.2
-163.5
554.9
462.1
290.6
83.5
471.5
207.1
171.4
92.9

484.8
86.1
244.0
-132.5
-4.3
2.8
378.0
-157.9
571.0
466.8
293.7
81.8
489.3
212.0
173.0
104.3

518.9
97.0
268.2
-131.3
-0.8
3.2
397.1
-171.2
615.9
516.7
330.5
90.5
525.4
240.1
186.1
99.2

% Change
Dec/Sept
7.0
12.7
9.9
-0.9
-82.4
14.5
5.1
8.4
7.9
10.7
12.5
10.6
7.4
13.2
7.6
-4.8

Quarterly Contribution to M3(%)


Mar
Jun
Sept
Dec
-7.9
15.1
2.3
7.7
2.8
-3.3
1.3
2.5
6.7
-0.6
0.0
5.5
4.8
-1.3
-1.5
0.3
0.0
-0.5
0.0
0.8
0.0
0.0
0.0
0.1
2.0
1.2
1.5
4.3
-3.9
-2.6
1.3
-3.0
-5.4
11.8
3.6
10.1
-4.9
12.2
1.1
11.3
-4.4
9.7
0.7
8.3
-1.9
3.4
-0.4
2.0
-3.0
8.4
4.0
8.2
-2.4
6.3
1.1
6.3
-0.5
2.5
0.4
3.0
-0.5
-0.4
2.6
-1.1

Source: BNR, Research and Policy Analysis Department

A. Foreign assets

In the fourth quarter 2010, the Net Foreign Assets of the banking system went up by 7.0%.
External budget support has not disbursed as expected and the only important
disbursement was from the global fund with USD 85.2 million for the health sector.
This situation contributed to the achievement of the NFA target for the end quarter 2010,
which was fixed at RWF 352.6 billion. Realized NFA reached RWF 400.6 billion at the
program exchange rate (571.24 RWF/USD).
On the other side, expenditures have been around USD 276.24 million of which a huge
amount has been utilized for letters of credit for importing equipments mainly for the
ministry of infrastructure and the Ministry of agriculture for fertilizers.
B. Credit to private sector

Outstanding credit to private sector increased by 11.1% in 2010 and by 5.1% in the fourth
quarter 2010 against 2.1% during the third quarter. Thus, after a particular period of
strong credit expansion in 2006-2008 and the credit squeeze in 2009 due to liquidity
crunch, the moderate increase in outstanding credit to private sector in 2010 would be

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explained by a slow recovery in credit demand as well as the improved banks risk
management. In addition, some banks are continuing the process of writing off of bad
loans.
Considering the new authorized loans by the banking system, a significant improvement is
continuing to be registered, showing the consolidation of recovery from the liquidity
crunch experienced in 2009. The biggest part went to credit to the sector of commerce,
restaurant and hotels which reached an amount of RWF 111.8 billion while credit to other
sectors has been improving slightly.
Fig. 11: New cash loans authorized by commercial banks in 2010 (in RWF billion)

Source: BNR, Financial Stability Directorate

The improvement in the credit market could also be explained as a positive effect of
BNRs monetary policy towards low and stable inflation that allows real interest rate to
remain positive. Liquidity conditions also improved significantly allowing banks to
authorize new loans.

III.2 MONEY DEMAND


On the demand side, during the last quarter 2010, there has been, as usual, a
considerable increase in currency in circulation, but a huge increase has been observed in
time deposits by 13.2% and this indicator contributed by 6.3% to the increase in the broad
money (7.9%).
Currency in circulation recorded an increase of 10.6% during the last quarter 2010, a
decline of 2.0% in the third quarter, a strong increase of 22.0% in the second quarter and
finally a decrease of 11.0% in the first quarter. The contribution of this monetary indicator
to the developments of broad money in the last quarter has been 8.2%. The trend in
currency in circulation is explained by seasonal factors at the end of the year when people
need more cash for end year festivities.

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The Government spending has been also for a big influence in the upward trend in the
currency in circulation because of payments to the government suppliers. Payments orders
were accumulated and executed at the end of year.
The change in deposits was the results of the constitution of deposits for the purpose of
purchasing government shares in BRALIRWA IPO (Initial Public Offering). In that context,
time deposits increased by 13.2% and in one bank which was in charge of collecting those
deposits increased by RWF 13.3 billion. The contribution of deposits in the increase of the
broad money has been 6.3% and specifically time deposits contributed by 3.0 %.

III.3 MONETARY POLICY IMPLEMENTATION


BNR continues to make greater use of monetary policy instruments to keep inflation low
and stable. Within the current monetary policy framework, Reserve money remains the
operational target and BNR consistently monitors developments on daily basis. It takes
required actions and measures to maintain it within the targeted levels. Using different
tools notably open market operations, related monthly and quarterly targets have been
achieved.
Fig.12: Reserve Money Developments (in RWF billion)

Source: BNR, Research and Policy Analysis Department

During this quarter, monetary conditions remained supportive of domestic economic


activity. A more moderate pace in Reserve Money expansion has been registered, regularly
lower than targeted, keeping significant level of excess liquidity with the banking system.

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Fig.13: Required and Excess Reserves developments (in RWF billion)

Source: BNR, Research and Policy Analysis Department

Indeed, since the beginning of year, the liquidity of the banking system has been building
up so that BNR has been regularly intervening on money market to absorb excess liquidity
in order to keep monetary aggregates consistent with quantitative targets defined in the
2010 Monetary Program.
Regarding the Net Foreign Assets, in line with this quantitative assessment target for
2010, and as indicated above, BNR has achieved the target of end December reaching RWF
400.6 billion at the Program exchange rate, against a target of RWF 352.6 billion
Fig.14: Net Foreign Assets, Actual and Targets (in RWF billion)

Source: National Bank of Rwanda

In December 2010, the target of the fourth quarter has been adjusted to take in
consideration disbursements which have been postponed for 2011, mainly that from the
Word Bank.

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III.4 DOMESTIC MARKETS AND INTEREST RATES DEVELOPMENTS


A. Domestic Market Developments

Repos operations represent 56.6% against 43.4% for T-bills of total outstanding of short
term instruments, showing that repos were more preferred than other instrument. For
monetary policy purposes, net borrowing amounted to RWF 66.4 billion reflecting the
importance of excess liquidity in the banking system as already mentioned.
Table 22: Outstanding of Net borrowing by BNR and Government (RWF million) as of 29 December, 2010
BNR
Repos
52,900.0
T-bills
1,538.0
Total (1)
74,438.0
T-bonds (2)
BNR liquidity facility
8,000.0
Government deposit facility
Total (3)
8,000.0
Net borrowing (1)+ (2)- (3)
66,438.0
Source: BNR, Financial Markets Department

Government
54,462.0
54,462.0
11,500.0
13,032.0
13,032.0
52,930

Total
72,900.0
56,000.0
128,900.0
11,500.0
8,000.0
13,032.0
21,032.0
119,368.0

In percent of total
56.6
43.4
100.0
38.0
62.0
100.0

With regard to the Government long term deposit facility which has been significantly
contributing to the banking system liquidity conditions, RWF 13.0 billion used mainly for
financing mortgage and equipments.
B. Interest rates developments

1. BNR policy rate


Aiming at easing credit conditions, interest rates in real terms were kept positive as
inflation moved to 0.2% in December 2010 from 5.7% in December 2009. Furthermore, BNR
changed three times its policy rate from 7.5% in December 2009 to 7.0% and from 7.0% to
6.0% respectively in March and November 2010. In July 2010, the policy rate has been
maintained unchanged given the economic fundamentals. This environment has been
conducive to the increase in credit to private sector especially in new authorized loans by
banks.
Fig.15: Domestic market interest rates yield curve as on December 29, 2010

Source: BNR, Financial Markets Department

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2. Money market rates


Regarding short term interest rates developments in the banking system, the money
market interest rates have been significantly fluctuating during the fourth quarter. In
fact, repo rate increased to 5.47% in December 2010 from 5.23% and 5.07% respectively in
October and November 2010. Likewise, t-bills increased to 7.32% in December 2010 from
7.28% in November 2010 after hitting 7.51% in October 2010. Rather, interbank rate has
been declining along with this quarter und review and stood at 6.84% in December 2010
from 7.32% in October 2010. This upward trend of money market interest rates in
December 2010 was due to BNR heavy borrowing on money market in order to meet
monetary aggregates targets.
3. Commercial banks rates
Commercial banks deposit interest rates slightly increased to 7.10% in December 2010
from 6.22% and 6.51% respectively in September and October 2010. This had a good
impact on savings where time deposits increased by 7.2% between September and
December 2010.
On the other side, lending interest rate remained high and fluctuated between 16.94% and
17.51%. In fact, BNRs policy rate did not significantly influence the lending rate. The
remaining high level of commercial banks lending rate is explained partly by the high
level of nonperforming loans in the banking system.
Table 23: Interest rates (in percentage)
2010
Jan

Feb

Mar

Apr

May

June

July

Aug

Sept

Oct

Nov

Dec

7.50
11.50

7.50
11.50

7.50
11.50

7.00
11.00

7.00
11.00

7.00
11.00

7.00
11.00

7.00
11.00

7.00
11.00

7.00
11.00

6.00
10.00

6.00
10.00

5.25

4.61

4.42

3.46

3.92

5.19

5.42

5.42

5.47

5.23

5.07

5.47

9.06

8.81

9.04
8.42

9.24
7.94

7.60

9.13
7.30

7.15

9.50
7.14

8.83
7.62

7.51

7.28

7.32

Commercial Banks
Interbank Rate
7.07
7.28
Deposit Rate
7.59
7.12
Lending Rate
17.28 16.08
Source: BNR, Statistics Department

6.81
7.17
16.94

6.30
6.93
16.96

6.13
6.86
16.65

6.58
6.30
17.38

7.03
6.14
16.91

6.76
6.12
17.20

7.38
6.22
16.82

7.32
6.51
17.34

7.16
7.07
17.51

6.84
7.10
16.94

BNR Policy Rates


Key Repo Rate
Discount Rate
Money Market
Repo rate
Refinancing Facility
Rate
Treasury Bills Rate

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IV. EXCHANGE RATE AND FOREX MARKET DEVELOPMENTS


IV.1 EXCHANGE RATE DEVELOPMENTS
Along with the fourth quarter, the Rwandan franc has been stable versus the USD with
depreciation of 1%, 1USD has been RWF 594.45 in December 2010 from 1 USD = RWF
589.95 in September 2010. Rather, RWF modestly appreciated against EUR and GBP by 3%
and 2% respectively under the same period.
Fig.16: Exchange rate of RWF against major foreign currencies

Source: BNR, Financial Markets Department

Moreover, against regional currencies, RWF depreciated considerably by 0.3%, 2% versus


Burundi franc and Ugandan shilling respectively, while appreciating by 1% and 3% vis--vis
Kenya and Tanzania shillings respectively. Furthermore, the Real Effective Exchange Rate
depreciated by 3.1% since September 2010 consistent with the trend of Rwandan franc
against USD and other regional currencies.

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Fig.17: Real effective exchange rate as of November 2010


120.00

100.00

80.00

60.00

40.00

20.00

Jan-05
Feb-05
Mar-05
Apr-05
May-05
Jun-05
Jul-05
Aug-05
Sep-05
Oct-05
Nov-05
Dec-05
Jan-06
Feb-06
Mar-06
Apr-06
May-06
Jun-06
Jul-06
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

0.00

Source: BNR, Research and Policy Analysis Department

IV.2 FOREIGN MARKET DEVELOPMENTS


During the quarter under review, the domestic foreign exchange market has been
characterized by important demand for forex compared with the previous quarter as BNR
sold USD 67.7 million in the 4th quarter against USD 62.9 million in the 3rd quarter 2010.
This trend is a seasonal factor attributed by increased demand for imports during the last
quarter of the year.
Fig.18: BNR forex sales to banks and interbank transactions (in USD millions)

Source: BNR, Financial Markets Department

On the other hand, operations on FOREX interbank market recorded USD 15.9 million in
the 4th quarter while only USD 14.4 million were recorded during the 3rd quarter. To
improve foreign exchange markets operations, BNR eliminated the Average Reference

Rate (ARR) usually used as the NBR customer rate and for official accounting
purposes. Henceforth is operating with new buying and selling customer rates
established as margins on either side of the previous days closing market rate.

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The closing market rate is the rate of the last market transaction, either between
banks (i.e. interbank rate) or between banks and the central bank (i.e.
intervention rate) of a given day. In the event of no market transactions on a given
day, the latest available closing market rate prevails. For official accounting
purposes, BNR uses as the Official Rate the mid-point of the NBR customer buying
and selling spread.

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V. FINANCIAL SECTOR SOUNDNESS


V.1 BANKING SYSTEM
Developments in the banking sector trough December 2010 show strong asset
growth, increased competition in the mobilization of deposits and a generally
strong banking system as shown by the financial soundness indicators of the
banking industry, measured in terms of capital adequacy, earnings, asset quality
and liquidity.
The data on commercial banks for the period ended December 2010 suggests that
the commercial banks balance sheet expanded to728.5 billion RWF compared to
578.6 billion RWF, which is an increase of 25.9 percent against 13.2 percent
recorded in December 2009.
Net loans and advances amounted to 325.9 billion RWF and showed an annual
growth of 12.9 percent compared with a decrease of 5.2 percent recorded a year
earlier. The banks investment portfolio (government securities and investments
and other securities) of 68 billion RWF registered an annual growth of 41.3 per
cent by the end of December 2010 compared with a increase of 96 percent at end
December 2009.
On the funding side, total deposits continued to be the main source of financing
the banking sectors asset base. The contribution of total borrowings (from BNR
and banks) as a source of funding increased also from the previous period. Banks
paid up capital also registered significant improvement.
Total deposits increased by 27.4 percent to 542 billion RWF compared with a
growth of 11.3 percent for corresponding period in 2009. Banks borrowings at 49.4
billion RWF also registered a growth of 8.4 percent at the end of December 2010
compared with a growth of 43.8 percent recorded during the same period in 2009.
The paid up capital of commercial banks increased to 57.3 billion RWF in 2010
from RWF 53.5 billion in 2009, which is an increase of 7.1 % in 2010. The banking
system continued to be well capitalized. Additionally, taking into account the
figures for ZIGAMA-CSS, the total paid up capital for the banking sector increased
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to 73.7 billion RWF in 2010 from 68.5 billion RWF in 2009 which represents an
increase of 7.6 % in 2010. The capital adequacy ratio for the industry including
ZIGAMA CSS was 22.3% against 21% in 2009 compared to the minimum requirement
of 15%.
The quality of the banks loan assets remains a source of concern in most of banks.
However, the consolidated non -performing loans ratio improved from 13.1
percent in December 2009 to 11.3 percent in December 2010. The net nonperforming loans ratio stood at 9.7 percent (if the interest in suspense is not taken
into account).
Banks continued to be profitable. The commercial banks profit after tax increased
by 38.6 percent from 3.8 billion in December 2009 to 13.1 billion RWF in 2010.
This net profit yielded an annualized Return on Assets (RoA) of 1.9% from 0.7% in
December 2009 while Return on Equity (RoE) also increased to 13.7% at the end of
December 2010 from 5% in December 2009. The major source of income was
interest income from loans, which amounted to 45% of total income.
Liquidity of the commercial bank continued to be satisfactory. The ratio of liquid
asset to total assets improved significantly and stood at 57.8 percent just above
the required ratio of 20 percent.
The table below gives the evolution of the selected consolidated financial
soundness indicators of commercial banks.

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Table 24: financial soundness indicators as at September 2010(in %)


Financial soundness indicators

2009

2010

2010

2010

2010

December

March

June

September

December

19.0

18.1

17.6

20.3

19.4

184.1

197.6

224.4

203.1

206.1

19.7

15.7

13.5

8.7

5.9

65.1

93.9

103.0

80.0

72.5

13.1

12.5

12.2

12.4

11.3

11.4

11.0

10.4

10.7

9.7

55.2

57.2

56.8

57.0

53.1

81.7

78.2

81.1

77.6

78.1

13.9

18.5

20.4

17.4

15.1

0.7

-0.2

1.3

1.6

1.9

5.0

-1.4

10.3

12.2

13.7

9.1

9.6

8.8

8.8

8.7

2.4

2.8

2.7

2.6

2.5

91.0

98.6

89.3

86.2

83.2

54.9

57.5

54.0

53.8

55.2

20.0

16.8

21.2

17.4

18.5

65.3

51.7

58.4

47.9

57.8

9.8

7.3

10.3

9.0

8.5

0.8

0.8

0.0

0.0

0.0

73.9

74.0

71.6

69.3

67.0

1.9

4.9

1.5

2.4

6.8

2.8

2.6

4.2

2.1

0.4

103.6
Source: BNR, Supervision of Banks and Forex Bureaus Department

105.8

101.0

103.9

106.0

Capital adequacy
Solvency ratio
Off balance sheet items/Total qualifying capital
Insider loans/Core capital
Large exposure/core capital
Asset quality
NPLs / Gross Loans
NPLS net/Net loans
Provisions / NPLs
Earning Assets / Total Asset
Large Exposures / Gross Loans
Profitability and earnings
Return on Average Assets
Return on Average Equity
Net Interest Margin
Cost of Deposits
Cost to Income
Overhead to income
Liquidity
Short term Gap
Liquid Assets / Total Deposits
Interbank Borrowings / Total Deposits
BNR Borrowings / Total Deposits
Gross loans/Total deposits
Market sensitivity
Forex Exposure / Core Capital
Forex Loans / Forex Deposits
Forex Assets / Forex Liabilities

The activity of conducting off and on-site inspections continue to be one of the
key priorities of the Bank to ensure financial soundness of the banking industry.
In order to strengthen and improve the functioning of the banking system, the
prudential regulations to implement the banking law are being updated: nine
regulations have been approved by BNR Board during 2010, i. e Regulation on
banking penalties, regulation on foreign exchange exposure limits, regulation on
credit classification and provisioning, banking placement regulation, business
continuity management regulation, regulation on mergers and acquisition of
banks, regulation on major investment of banks, regulation on shareholding and
regulation on opening and closing a new place of business of banks.
All issued regulations are in translation for the purpose of publishing in the official
gazette.

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V.2 MICROFINANCE SECTOR


1. License of MFIs and SACCOs
In the last quarter of 2010, the licensing of Microfinance Institutions continued,
especially for SACCOs established in line with UMURENGE SACCO Program where
among 416 SACCOs established, 412 were provisionally licensed, 15 authorized to
start granting loans and 4 got definitive operating license.
2. MFIs consolidated financial situation 1
The total assets increased by 25.6% from December 31st, 2009 to September 30th,
2010 moving from Rwf 36,055.68 million to Rwf 45,275.09 million while equity
has increased by 31.3%. Gross loans and deposits increased by 36.0% and 25.2%,
respectively. UMWALIMU SACCO contributed largely in this growth followed by
UNGUKA SA, GOSHEN FINANCE SA, COOPEDU and CFE AGASEKE SA.
A small improvement was noted in terms of loans portfolio quality where the
delinquency rate decreased from 11.6% to 11.2% from year 2009 to year 2010.
Table 25: Financial Data of MFIs. CSS is excluded (In Rwf million)

31-Dec-09

In Rwf million

Change %

31-Dec-10

36,055.68

25.6%

45,275.09

8,581.85

9.5%

9,398.50

24,718.24

36.0%

33,607.73

Non Performing Loans

2,872.24

30.9%

3,759.14

Provisions

1,282.38

47.3%

1,888.47

Loans (Net of Provisions)

23,435.87

35.3%

31,719.26

Deposits

19,099.64

25.2%

23,904.18

11,955.35

31.3%

15,692.00

Total Assets
Cash and Cash Equivalent
Gross Loans (Before Provisions)

Equity
Non Performing Loans Rate

11.6%

11.2%

Liquidity Rate (Liquid Assets/Demand Deposits)

68.8%

59.3%

Capital adequacy (Equity/Assets)

33.2%

34.7%

Source: BNR, Microfinance Supervision Department

Microfinance Institutions have reported an upward trend as to income


performance. According the table below, consolidated accounts show that the
Sector did not break even in the end of year 2009 (net operating income was
negative). However, at the end of year 2010, this figure was positive. The
1

Since December 2010, CSS ZIGAMA is reporting under Bank Supervision Department

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performance is shown too by the number of MFIs which made a benefice. Only
54.7% of MFIs attained the breakeven point in December 2009, this figure was
raised to 67.8% in December 2010.
Table 26: Income Statement of MFIs, CSS Excluded (In Rwf million)
ALL MFIs

31-Dec-09

CHANGE %

31-Dec-10

Financial Revenue

7,058.25

27.6%

9,007.99

Financial Expenses

600.00

21.7%

730.16

Net Financial Income before Provisions

6,458.25

28.2%

8,277.83

Net Provision Expenses/Gains

691.81

34.1%

927.54
7,350.29

Financial Revenue (After Net Provisions)

5,766.44

27.5%

Operating Expenses:

5,903.81

12.0%

2,997.79
(137.37)

13.1%
636.1%

3,390.42
736.45

165.29

58.0%

261.11

Personnel Expenses
Net Operating Income +
Net Non-Operating Income
Net Income (Before Taxes & Donations)

27.92

3472.5%

Net Income (After Taxes & Before Donations)+

27.92

3463.1%

Donations
Net Income after Taxes and after Donations

6,613.84

997.56
994.93

847.05

-70.9%

246.41

874.97

41.9%

1,241.34

Source: BNR, Microfinance Supervision Department

For SACCOs established in line with UMURENGE SACCO Program, below are figures
in term of deposits, members, loans and paid up capital as at 31st December 2010.

Table 27: Indicators regarding the implementation of UMURENGE SACCO Programme


Population
>=16 years
old
Countrywide
5, 028,577
Dec. 31st, 2010
Source: RCA/December 2010

Membership
Subscription

Nbr
of
members
who paid
Shares

Nbr
of
Account
Opened

Share
Subscription in
RWF

Shares Paid
in RWF

1, 069,675

695,095

471,036

4, 116, 690,400

2, 111, 831,641

up

Deposits
Collected
in RWF
6, 322, 267,782

3. Liquidation process of MFIs closed in 2006 and Recovery of non performing


loans in MFIs
The liquidation process of the MFIs closed in 2006 is going on. Following the
recommendations of the National Conference Dialogue of 20-21 December 2010,
23,476 cases of defaulters in loans for a total amount of Rwf 7.2 billion ( capital
and Interest) were identified.

Instances involved in this issue are regularly

meeting to set up different measures for the recovery.

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VI. APPENDICES

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VI.1 TECHNICAL NOTES ON THE MONETARY STATISTICS


The data of the money sector published in this bulletin are established in accordance with
methodology of the Monetary and Financial Statistics Manual published in 2000 by the International
Monetary Fund.
Assets and liabilities are presented by types of financial instruments; then a breakdown of the
position of each financial instrument in its principal sectors of the economy is made.
The purpose of the monetary statistics is to build the monetary aggregates of the national
economy.

DEFINITIONS
1. FINANCIAL INSTRUMENTS

1.1 Financial assets


1.1.1 Monetary Gold: gold held by the central bank as part of official reserves. The gold which
does not form part of the official reserves is classified like non-financial asset.
1.1.2 SDR: international reserves assets issued by the IMF and allocated to members to supplement
existing official reserves. SDR holdings represent unconditional rights to obtain foreign exchange or
other reserve assets from other IMF members.
1.1.3 Currency: notes and coins of a fixed nominal value, issued by the central banks or
governments, and having legal tender within the national economy.
1.1.4 Foreign currency: notes and coins issued by non-residents and representing liabilities of
central banks or governments in other countries.
1.1.5 Transferable Deposits: include all deposits that are (1) exchangeable on demand at par and
without penalties or restrictions and (2) directly usable to make payments by check, draft, giro
order, direct credit/debit or other direct payment facility.
1.1.6 Other deposits: comprise all claims other than transferable deposits, which are represented
by evidence of the deposits.
This is the case for sight deposits that permit immediate cash withdrawals but not of direct thirdparty transfers, savings and fixed-term deposits, non transferable deposits denominated in foreign
currency, shares or the similar titles issued financial corporations, shares of money-market mutual
funds that have restrictions on transferability.
1.1.7 Securities other than shares: negotiable instruments serving as evidence that units have
obligations to settle by means of providing cash, a financial instrument or some other item of
economic value. Some common types of securities are government treasury bills, the government
bonds, corporate bonds and debentures, commercial paper and certificates of deposits issued by
depository corporations.

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1.1.8 Loans: financial assets that are created when (1) a creditor lends funds directly to a debtor
and (2) are evidenced by non-negotiable documents.
The valuation of loans and deposits is an exception to the valuation principle based on market price
or fair value. Loans and deposit values are hence based on creditors outstanding claims without
adjustments for expected loan or deposit losses.
I.1.9 Shares and other equity: instruments and records acknowledging, after the claims of all
creditors have been met, claims on residual value of a corporation. This category includes
proprietors nets equity in quasi-corporations, as well as shares and equity in corporations.

1.2 Liabilities
1.2.1 Currency: see definition in 1.1.3
1.2.2 Deposits included in broad money: transferable deposits and other deposits issued by
resident depository corporations and included in the national definition of the broad money.
1.2.3 Deposits excluded from broad money: transferable deposits and other deposits which are
not included in the national definition of broad money. This category includes all deposits of the
central government, depository corporations and non residents.
1.2.4 Securities other than shares included in broad money: negotiable instruments included in
the national definition of broad money, and held by sectors designated as holders of the currency.
1.2.5 Securities other than shares excluded from broad money: negotiable instruments which
are not included in the national definition of broad money. This category includes securities other
than shares held by central government, depository corporations and non residents, as well as
securities other than shares held by other sectors and which are not included in broad money.
1.2.6 Loans: comprise credits and advances granted by various sectors
1.2.7 Shares and other equity: category including:
.Funds Contributed by owners: total amount from initial and any subsequent issuance of shares,
stocks or other form of ownership of corporations and quasi-corporation.
.Retained earnings: after tax profits that have not been distributed to the shareholders or
appropriated as general or special reserves.
. Results of the period: cumulated profits or losses, if these benefits or losses are not taken into
account in the retained earnings.
.General and special reserves: appropriations of retained earnings.
. SDR allocation: counterpart of the SDR provided by the IMF to the central banks.
.Valuations adjustments: net counterpart to changes in value of assets and liabilities on the
balance sheets of financial corporations, excluding those changes in value that are recorded in net
profit or loss for the period.
2. SECTORS OF THE ECONOMY
The main sectors of the domestic economy are the financial corporations, non-financial
corporations, government units, households, non-profit-institutions.

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Financial corporations: comprise the central bank, deposit money banks, non bank depository
institutions, other financial corporations, insurance companies and pension funds, other financial
intermediaries and financial auxiliaries.
Non-financial corporations: include public and private non-financial corporations.
General government: are legal entities that are established by political process and have
legislative, judicial or executive authority over other institutional units within a specific area. They
include central government, local governments and the social security funds.
Households: consist of individuals, families, or other groups of persons who share the same living
accommodation, pool some or all of their income and wealth, and consume some goods and
services collectively.
Non profit institutions: legal or social entities, created for the purpose of producing goods and
services, whose status does not permit them to be a source of income, profit, or other financial
gain for the units that establish, control or finance them
For the presentation of the monetary statistics, households and non-profit institutions are
combined to make the position "other resident sectors".

3. BROAD MONEY LIABILITIES AND THEIR COUNTERPARTS


3.1 Broad money liabilities
Broad money liabilities comprise currency out of depository corporations, transferable deposits and
the other deposits held by other domestic sector with the monetary system, excluding those held
by central government. The definition of each component is in section I.

3.2 Counterparts of broad money


These are claims corresponding to broad money. Four types of them exist:
3.2.1 Net foreign assets: total amount of foreign assets less foreign liabilities of the money sector.
3.2.2 Net credit to government: total assets of the central government less its liabilities towards
the banking sector.
3.2.3 Claims on other sectors: total assets held by the banking system corresponding to the
liabilities of domestic sectors other than the central government and other depository
corporations. They form the main component of broad money counterparts.
3.2.4 Other items net: denotes a residual category for other liabilities less other assets, where
other liabilities includes all liabilities not included in broad money.

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4. Rates
4.1. Lending rate: is the interest rate charged by the banking sector on the loans they grant to the
customers.
4.2. Deposit rate: is the interest rate paid by the banking sector on deposits or funds collected
from the depositors/lenders.
4.3. Inter bank rate: is the interest rate charged by the banks to their colleagues, and negotiated
freely on the interbank market (one of the compartments of the money market).
4.4. Rate of the money market: is the interest rate charged or paid by the central bank during its
operations of open market.
4.5. Discount rate: is the interest rate at which the central bank lends its money to commercial
banks facing short term needs of cash.
4.6. Rate on the market of the Treasury bills: is a weighted average resulting from the
operations of tender on the Treasury bills market over a given period.
4.7. The central banks rate: is the maximum interest rate that the Central Bank is ready to pay
for its seven days mop ups of cash or the minimum interest rate it is ready to accept for cash loans
to commercial banks if the banking system falls illiquid.

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VI.2 STATISTICAL APPENDICES

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I. MONEY AND CREDIT

TABLE I.1. CENTRAL BANK SURVEY


(In million RWF)
Dec-08

Mar-09

Jun-09

Sep-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

Net foreign assets (adjusted)

325 581.5

272 188.3

313 396.7

344 546.3

359 205.9

353 764.8

336 121.7

322 634.6

327 470.5

326 549.0

396 362.3

364 562.3

329 362.3

390 462.3

388 162.3

360 589.3

414 884.5

Net foreign assets

325 581.5

272 188.3

313 396.7

344 546.3

359 168.2

353 802.4

336 159.4

322 672.2

327 508.2

326 586.7

396 400.0

364 600.0

329 400.0

390 500.0

388 200.0

360 627.0

414 922.1

333 352.3

280 691.8

324 674.2

412 146.3

425 168.2

419 755.0

400 779.8

386 875.3

391 531.8

389 956.0

460 800.0

430 700.0

398 100.0

458 300.0

456 600.0

429 127.0

483 454.0

Foreign liabilities (adjusted)

7 808.5

8 541.2

11 239.9

67 562.3

65 962.3

65 990.2

64 658.1

64 240.7

64 061.3

63 407.0

64 437.7

66 137.7

68 737.7

67 837.7

68 437.7

68 537.7

68 569.5

Foreign liabilities

7 770.9

8 503.6

11 277.6

67 600.0

66 000.0

65 952.6

64 620.4

64 203.0

64 023.6

63 369.3

64 400.0

66 100.0

68 700.0

67 800.0

68 400.0

68 500.0

68 531.8

Net domestic assets (adjusted)

-209 593.0

-158 499.7

-203 531.0

-229 483.6

-244 456.7

-237 654.4

-220 107.2

-206 119.5

-206 770.7

-205 427.7

-277 408.8

-233 697.1

-200 834.0

-265 670.1

-261 309.5

-229 730.2

-283 948.8

Net domestic assets

-209 593.0

-158 499.7

-203 531.0

-229 483.6

-242 756.7

-234 985.4

-218 515.0

-204 522.8

-205 173.7

-203 830.7

-275 808.8

-232 097.1

-199 234.0

-264 070.1

-259 709.5

-228 130.2

-282 240.4

-168 707.1

-116 359.0

-154 438.3

-188 183.6

-201 556.7

-193 417.6

-171 416.5

-157 336.8

-161 417.0

-158 478.6

-211 908.8

-179 791.2

-147 413.0

-211 370.1

-204 609.5

-178 671.9

-231 199.8

-158 319.2

-122 477.6

-130 962.4

-145 504.2

-143 500.0

-153 690.4

-132 883.1

-110 226.7

-122 741.7

-122 282.6

-143 226.4

-136 662.0

-100 264.3

-157 711.9

-146 807.3

-124 238.4

-176 349.5

39 737.4

45 238.8

39 363.0

40 899.4

50 200.0

39 362.0

48 792.2

60 876.3

61 707.1

68 408.9

39 300.0

44 400.0

67 700.0

39 300.0

39 300.0

61 800.0

57 850.4

0.0

5 501.4

0.0

1 536.6

10 797.1

0.0

9 427.5

21 479.3

22 337.8

29 062.5

0.0

5 000.0

28 400.0

0.0

0.0

22 400.0

18 504.7

198 056.6

167 716.5

170 325.4

186 403.6

193 652.9

193 052.4

181 675.3

171 103.0

184 448.8

190 691.5

182 526.4

181 062.0

167 964.3

197 011.9

186 107.3

186 038.4

234 199.9

Foreign assets

Domestic credit
Government(net)
Claims
O/W: overdraft
Deposits
Treasury (including RRA)
Line ministries

12 608.0

1 710.5

8 583.0

2 218.0

2 300.0

5 435.9

2 231.6

2 124.2

2 066.7

1 886.5

5 118.0

1 103.0

1 012.0

17 893.0

3 657.7

1 269.0

1 524.9

185 448.6

166 005.9

161 742.4

184 185.6

191 400.0

187 616.5

179 443.7

168 978.8

182 382.1

188 805.0

177 408.5

179 959.0

166 952.3

179 118.9

182 449.5

184 769.4

232 675.0

Autonomous agencies

-637.7

-363.5

-600.0

-1 900.0

-1 900.0

-1 900.0

-1 900.0

-1 946.2

-1 952.4

-1 900.0

-4 300.0

-4 300.0

-4 300.0

-4 300.0

-574.6

-574.6

-755.4

Nongovernment credit

-9 750.2

6 482.2

-22 875.9

-40 779.4

-56 156.7

-37 827.2

-36 633.4

-45 163.9

-36 722.9

-34 296.0

-64 382.4

-38 829.2

-42 848.7

-49 358.1

-57 227.6

-53 858.9

-54 094.9

4 312.3

4 616.5

5 003.1

5 180.3

5 372.3

5 341.0

5 337.2

5 294.7

5 411.7

5 424.7

5 400.0

5 498.0

5 623.0

5 708.0

5 711.4

5 754.0

4 777.3

1.2

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

1 040.7

974.0

2 570.0

2 083.2

2 471.0

2 471.0

2 448.9

2 395.4

2 370.0

1 894.5

1 900.0

1 868.8

1 817.3

1 791.0

1 791.3

1 739.1

1 712.8

-15 104.4

891.7

-30 449.0

-48 042.9

-64 000.0

-45 639.2

-44 419.5

-52 854.0

-44 504.5

-41 615.2

-71 682.4

-46 196.0

-50 289.0

-56 857.1

-64 730.3

-61 352.0

-60 585.0

0.0

0.0

2 072.0

5 088.7

8 666.8

8 189.2

8 179.0

11 179.0

11 179.0

10 697.0

10 697.0

12 682.0

11 682.9

11 753.9

8 000.0

8 000.0

8 000.0

Other items net(non adjusted)

-40 885.9

-42 140.8

-49 092.7

-41 300.0

-41 200.0

-41 567.8

-47 098.5

-47 186.1

-43 756.7

-45 352.1

-63 900.0

-52 305.9

-51 821.1

-52 700.0

-55 100.0

-49 458.3

-51 040.6

Other items net(adjusted)

-40 885.9

-42 140.8

-49 092.7

-41 300.0

-42 900.0

-44 236.8

-48 690.7

-48 782.7

-45 353.7

-46 949.1

-65 500.0

-53 905.9

-53 421.1

-54 300.0

-56 700.0

-51 058.3

-52 749.0

Reserve money (adjusted)

115 941.7

113 650.8

109 825.5

115 006.3

113 748.0

116 190.7

116 049.9

116 553.5

120 701.6

121 159.5

118 948.4

129 265.4

128 684.4

124 920.4

126 832.0

130 862.6

130 936.0

Reserve money (non adjusted)

115 979.3

113 688.4

109 863.2

115 044.0

116 400.0

118 859.7

117 642.1

118 150.1

122 298.3

122 756.1

120 545.0

130 862.0

130 281.0

126 558.1

128 469.7

132 500.3

132 682.1

88 498.1

76 817.3

81 664.0

80 109.4

86 125.9

84 290.5

81 670.2

81 204.4

83 344.5

87 881.8

94 035.0

97 700.0

95 700.0

94 057.1

94 880.9

97 200.0

104 140.3

80 892.3

66 251.9

72 081.2

69 433.5

76 992.4

72 895.2

68 526.3

68 389.8

72 456.7

75 001.3

83 465.4

84 215.5

81 214.5

81 772.9

81 489.4

80 920.1

90 478.2

25 141.5

32 959.3

23 001.7

30 107.6

24 216.0

28 988.2

31 652.4

32 761.2

34 553.6

30 908.3

24 224.9

30 518.7

31 426.8

29 281.6

29 688.8

32 146.7

24 681.1

Other nonbank deposits (non adjusted)

2 339.8

3 911.9

5 197.5

4 826.9

6 084.0

5 581.0

4 319.5

4 184.4

4 400.2

3 966.0

2 285.1

2 643.3

3 154.2

3 219.4

3 900.0

3 153.6

3 860.6

Other nonbank deposits (adjusted)

2 302.2

3 874.2

5 159.8

4 789.2

3 432.0

2 912.0

2 727.3

2 587.8

2 803.5

2 369.4

688.5

1 046.7

1 557.6

1 581.7

2 262.3

1 515.9

2 114.6

Private
Public enterprises
Other financial institutions
Commercial banks (net)
O/w Refinancing Facility

Currency
Currency in circulation
Commercial banks deposits (UBPR included)

Since december 2009,we notice change due to incolporation of CSS in monetary survey
Source : BNR, Statistics Department

TABLE I.2. OTHER DEPOSITORY INSTITUTIONS SURVEY


(BK, BCR, BPR-SA, FINA BANK, ECOBANK, ACCESS BANK , COGEBANQUE, BHR, UOMB, KCB, CCP,CSS)
(In million RWF)

Net foreign assets

Dec-08

Mar-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

Jan-10

Feb-10

Mar-10

Apr-10

May-10

June

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

78 187.7

76 491.6

76 845.5

96 896.1

84 307.0

79 487.5

81 275.2

84 975.6

83 700.0

81 226.1

90 453.0

85 082.7

78 387.5

75 054.4

78 065.9

98 005.4

98 411.5

94 351.0

97 087.4

89 683.5

104 035.1

Foreign assets

96 751.9

97 207.9

99 689.7

117 704.3

107 590.0

101 280.5

102 793.6

106 470.6

107 500.0

105 375.8

112 201.4

107 777.8

99 363.9

94 973.4

98 937.0

117 950.0

117 072.2

114 132.5

118 844.4

115 431.6

146 776.8

Foreign liabilities

18 564.2

20 716.3

22 844.2

20 808.2

23 283.0

21 792.9

21 518.3

21 495.0

23 800.0

24 149.7

21 748.4

22 695.2

20 976.4

19 919.0

20 871.1

19 944.5

18 660.7

19 781.5

21 756.9

25 748.0

42 741.7

Reserves

32 747.2

43 524.7

32 584.4

35 282.6

40 170.3

40 783.6

39 962.0

39 386.4

33 316.0

40 383.4

44 796.2

45 575.8

45 441.4

43 788.8

34 794.5

44 003.3

45 912.3

41 565.8

43 080.3

48 426.7

38 343.2

25 141.5

32 959.3

23 001.7

25 750.0

29 310.1

30 107.6

30 051.6

28 587.4

24 216.0

28 988.2

31 652.4

32 761.2

34 553.6

30 908.3

24 224.9

30 518.7

31 426.8

29 281.6

29 688.8

32 146.7

24 681.1

Required reserves

34 212.9

20 299.6

21 110.6

21 162.4

21 752.1

22 496.8

22 560.5

22 818.7

22 797.1

23 288.6

24 395.4

23 699.4

24 699.4

24 824.3

24 562.3

24 754.5

25 965.6

26 267.1

26 278.6

26 715.6

26 683.6

Excess reserves

(9 071.5)

12 659.7

1 891.1

4 587.6

7 557.9

7 610.8

7 491.1

5 768.7

1 418.9

5 699.6

7 257.0

9 061.8

9 854.3

6 084.0

5 764.2

5 461.3

3 014.5

3 410.2

5 431.2

(2 002.5)

7 605.7

10 565.4

9 582.8

9 532.6

10 860.3

10 675.9

9 910.4

10 798.9

9 100.0

11 395.3

13 143.8

12 814.6

10 887.8

12 880.5

10 569.6

13 484.6

14 485.5

12 284.2

13 391.5

16 279.9

13 662.1

60 585.0

NBR deposits

Billets et pices

(337.4)

Net Credit from NBR (rediscount liability)

15 104.4

(891.7)

30 448.8

29 265.6

42 911.0

48 042.9

51 801.2

54 027.0

63 989.4

45 639.2

44 419.5

52 854.0

44 504.5

41 615.2

71 682.4

46 196.0

50 289.0

56 857.0

64 730.3

61 352.4

Credit from NBR

1 495.6

891.7

3 040.3

3 453.1

5 563.1

5 874.9

6 529.8

8 427.6

9 500.0

9 105.4

9 207.0

12 028.1

12 682.3

11 586.0

13 631.8

13 702.0

12 453.7

12 589.0

9 132.6

8 817.0

8 745.6

33 489.1

32 718.7

48 474.0

53 917.7

58 331.0

62 454.6

73 500.0

54 744.7

53 626.5

64 882.0

57 186.8

53 201.2

85 314.2

59 898.0

62 742.7

69 446.0

73 862.9

70 169.4

69 330.6

315 807.5

351 303.2

438 815.7

Credit to NBR
Domestic credit
Government (net)
Credit
Deposits
O/w Gvt long term deposit
facility
Public enterprises

16 600.0
353 970.6

339 072.4

325 756.4

320 582.9

317 622.1

319 792.1

337 171.7

354 591.5

364 600.2

360 355.7

374 761.5

390 194.3

383 183.3

395 544.0

397 022.8

398 494.4

401 792.6

423 261.4

16 515.3

5 904.1

(5 491.3)

3 725.8

1 242.1

206.1

4 454.0

9 687.6

2 174.0

4 293.5

5 433.4

(9 709.8)

10 478.8

26 209.2

16 384.0

25 337.2

22 914.2

25 235.2

22 943.2

35 125.3

45 024.6

29 570.2

26 274.8

26 552.8

27 262.3

27 438.5

30 674.2

30 326.9

30 397.1

34 147.0

31 786.6

33 063.6

31 605.6

41 086.4

58 251.8

57 451.9

56 209.8

54 810.2

61 571.9

53 395.4

66 464.3

86 051.6

13 054.8

20 370.7

32 044.1

23 536.5

26 196.4

30 468.1

25 873.0

20 709.5

31 973.0

27 493.1

27 630.2

41 315.3

30 607.6

32 042.7

41 067.9

30 872.6

31 896.0

36 336.7

30 452.2

31 339.0

41 027.1

1 604.2

1 984.2

2 384.0

3 528.8

6 774.8

6 986.0

8 049.7

9 147.3

9 147.3

9 147.0

10 512.4

11 644.0

11 975.0

12 200.0

12 355.1

13 032.0

13 032.0

1 780.1

2 261.3

1 944.4

1 947.1

1 801.8

2 011.6

1 887.4

2 801.9

3 000.0

2 791.2

2 809.5

2 785.8

2 902.9

2 813.8

2 912.2

3 083.7

2 999.1

2 807.7

2 934.2

2 925.0

3 213.6

335 675.2

330 907.0

319 354.4

320 083.5

317 539.0

315 404.4

313 450.7

324 682.2

349 417.5

357 515.6

352 131.1

358 227.1

361 379.8

361 171.4

363 887.1

369 123.2

371 109.6

370 451.5

375 915.2

385 211.1

390 577.6

Other items net (Assets: +)

(96 837.1)

(95 502.8)

(95 901.5)

(98 364.3)

(94 580.4)

(99 882.4)

(99 111.2)

(104 134.6)

(91 567.7)

(96 345.9)

(100 927.2)

(103 023.1)

(98 315.4)

(99 639.6)

(96 944.6)

(102 092.7)

(102 173.4)

(103 595.9)

(105 490.6)

(119 954.5)

(118 473.7)

Deposits

383 172.8

362 694.2

359 784.9

388 836.5

393 390.8

386 053.7

393 719.2

411 426.0

444 039.8

435 503.2

439 097.2

431 792.5

444 779.5

451 013.0

470 781.5

483 656.0

489 462.1

487 672.2

501 200.1

502 769.5

523 305.3

326 275.1

310 577.8

310 167.5

337 402.2

330 957.0

334 001.4

340 545.4

349 625.6

383 207.4

375 350.1

375 581.0

368 821.4

379 028.2

386 970.6

400 302.1

415 388.6

422 523.3

419 104.3

430 292.2

436 200.4

453 896.3

56 897.8

52 116.4

49 617.4

51 434.3

62 433.9

52 052.3

53 173.8

61 800.4

60 832.4

60 153.1

63 516.2

62 971.1

65 751.3

64 042.5

70 479.3

68 267.5

66 938.9

68 567.9

70 569.1

66 569.1

69 409.0

Private sector

Private
Public (nongovernment)

Since december 2009,we notice change due to incorporation of CSS in monetary survey
Source : BNR, Statistics Department

TABLE I. 3. MONETARY SURVEY


(BNR,BK, BCR, BPR, FINA BANK, ECOBANK, ACCESS BANK, COGEBANQUE, BHR, UOMB, K.C.B, CCP)

(In million Rwf)

Net foreign assets


Net domestic assets
Domestic credit
Government (net)
Autonomous Agences
Public enterprises

Dec-08

Mar-09

Jun-09

Sep-09

Dec-09

Jan-10

Feb-10

Mar-10

403 769.15

348 679.86

390 242.16

424 033.78

442 868.22

435 028.58

426 612.36

407 754.91

61 604.23

83 204.19

44 254.11

34 215.73

84 267.12

78 908.19

85 332.98

96 611.18

199 327.21

220 847.73

189 248.24

175 398.11

217 034.82

216 821.87

233 358.69

246 820.34

(141 803.83)

(116 573.57)

(136 453.68)

(145 298.10)

(141 325.98)

(149 396.87)

(127 449.63)

(637.70)

(363.52)

(600.00)

(1 900.00)

(1 900.00)

(1 900.00)

(1 900.00)

Apr-10

May-10

Jun-10

405 895.71

401 641.09

474 465.93

115 776.97

128 339.19

82 112.25

257 849.00

273 330.86

242 956.87

(119 936.45)

(112 262.97)

(96 073.40)

(1 946.22)

(1 952.40)

(1 900.00)

Jul-10

Aug-10

Sep-10

462 605.45

427 811.51

484 850.97

109 550.22

145 904.34

87 685.60

263 948.80

299 898.80

243 981.50

(126 842.41)

(111 324.80)

(77 350.10)

(4 300.00)

(4 300.00)

(4 300.00)

Oct-10

Nov-10

Dec-10

485 287.40

450 310.50

518 957.30

101 322.80

136 528.70

98 686.60

261 913.40

305 941.50

268 200.90

(132 476.70)

(123 864.00)

(89 113.10)

(131 324.90)

(4 300.00)

(574.60)

(574.60)

(755.40)

1 781.22

2 261.31

1 944.43

2 011.58

3 000.00

2 791.18

2 791.18

2 785.81

2 902.90

2 813.77

2 912.15

3 083.66

2 999.07

2 807.72

2 934.20

2 925.00

3 213.60

339 987.52

335 523.52

324 357.50

320 584.63

357 260.80

365 327.57

359 917.14

365 917.19

369 161.48

368 490.50

371 187.12

376 490.01

378 549.84

377 950.48

383 417.80

392 704.20

397 067.70

(137 722.98)

(137 643.54)

(144 994.13)

(141 182.38)

(132 767.70)

(137 913.68)

(148 025.71)

(150 209.16)

(142 072.03)

(144 991.67)

(160 844.62)

(154 398.60)

(153 994.50)

(156 295.90)

(160 590.60)

(169 412.80)

(169 514.30)

Broad money (M3)

466 404.99

432 857.97

437 063.59

460 314.04

526 580.01

513 979.45

511 943.04

504 366.77

521 636.39

529 980.35

556 531.98

568 918.10

572 234.20

571 026.80

584 951.80

585 205.50

615 898.10

Broad money (M2)

384 066.77

350 905.62

351 543.86

369 943.13

429 543.06

419 164.78

411 769.54

409 567.68

429 840.05

438 632.11

463 650.33

467 154.20

466 278.60

466 768.00

480 652.50

481 385.30

516 668.60

Narrow money (M1)

248 548.88

215 947.02

222 798.83

241 088.36

267 105.33

253 276.45

250 222.84

249 392.41

271 177.74

272 226.90

292 208.11

292 981.20

288 295.20

293 741.70

309 869.30

271 377.30

278 412.70

80 892.34

66 251.89

72 081.23

69 433.49

76 992.37

72 895.24

68 526.34

68 389.82

72 456.70

75 001.26

83 465.41

84 215.45

81 214.54

81 772.89

81 489.40

80 920.10

90 478.20

385 512.65

366 606.07

364 982.35

390 880.55

450 123.80

441 084.21

443 416.71

435 976.95

449 179.69

454 979.08

473 066.57

484 702.70

491 019.70

489 254.00

503 462.40

504 285.40

525 419.90

167 656.54

149 695.13

150 717.59

171 654.87

190 105.33

180 381.21

181 696.50

181 002.59

198 721.05

197 225.64

208 742.70

208 765.70

207 080.70

211 968.80

228 379.90

190 457.30

187 934.50

135 517.90

134 958.60

128 745.03

128 854.77

162 437.73

165 888.33

161 546.71

160 175.27

158 662.31

166 405.22

171 442.22

174 173.06

177 983.39

173 026.24

170 783.30

210 008.00

238 255.90

82 338.22

81 952.34

85 519.73

90 370.90

97 036.95

94 814.67

100 173.50

94 799.09

91 796.33

91 348.23

92 881.64

101 763.90

105 955.66

104 258.88

104 299.20

103 820.20

99 229.50

Private sector

Other items net (Assets: +)

Currency in circulation
Deposits
of which: Transferable deposits in Rfw
Nontransferable deposits Rfw
Foreign currency deposits

Since december 2009,we notice change due to incorporation of CSS in monetary survey
Source : BNR, Statistics Department

TABLE I. 4. QUARTERLY EVOLUTION OF THE INTEREST RATES

2009

CATEGORIES
June

July

August

2010

September October

November December January

February

March

April

May

June

July

August

September October

November December

Deposit rate

9.44

9.94

8.59

8.64

8.82

8.91

8.54

7.59

7.12

7.17

6.93

6.86

6.30

6.14

6.17

6.22

6.51

7.07

7.10

Lending rate

16.89

17.28

17.41

17.56

17.63

16.44

15.77

17.28

16.08

16.94

16.96

16.65

17.38

16.91

17.20

16.82

17.34

17.51

16.94

Money market rate


* -Mop-up
-Injection

5.50

4.68

4.37

6.06

6.42

6.36

6.27

5.25

4.71

4.42

3.46

3.92

5.19

5.42

5.42

5.47

5.23

5.07

5.47

12.00

12.50

12.50

12.50

12.50

12.50

11.50

11.50

11.50

11.50

11.00

11.00

11.00

11.00

11.00

11.00

11.00

10.00

10.00

Interbank Market Rate

9.03

9.59

9.29

8.98

8.72

8.07

7.49

7.07

7.28

6.81

6.30

6.13

6.58

7.03

6.76

7.38

7.32

7.16

6.84

Weight average rate on T-bill market :

9.13

10.34

10.59

9.9

9.39

8.15

7.88

9.06

8.81

8.42

7.94

7.60

7.30

7.15

7.14

7.62

7.51

7.28

7.32

7.28

7.50

7.72 -

7.16

7.03

7.14

7.08

6.98

6.96

6.93

6.79

6.29

8.58

9.38

8.55

7.72

7.36

7.11

7.20

7.20

7.02

7.03

7.00

6.97

6.76

9.30

9.11

8.83

8.16

8.00 -

7.59

7.88

7.69

7.07

7.22

8.85

8.85

8.00

7.69

7.68

REPO Rate
Discount rate

28 days

9.13

91 days
182 days 364 days -

9.96

9.98

9.44

11.51

11.41

11.41

8.69

8.15

9.94 -

8.00 -

9.00 -

T-Bonds market

9.46

Tbond 2 yrs

9.46
10.54

Tbond 3 yrs

11.12

Tbond 5 yrs
3 to 12 months BNR liquidity facility

9.00

Key Repo Rate


Reverse Repo

Source : BNR, Statistics Department


* The Mop-up operations were replaced by those of Repo since september 2008

9.00
-

10.76

10.5

10.50

10.50

9.00

9.00

9.00

9.00

10.5 7.50
-

7.50

7.50
-

9.04

9.24

7.00

7.00
-

9.13 7.00

7.00

7.00
-

9.50

8.83 -

7.00

7.00
-

6.00

6.00

6.00
-

TABLE I.5. AVERAGE FOREIGN EXCHANGE RATES FOR MAJOR FOREIGN CURRENCIES (End of period)
CURRENCIES

1USD

1GBP

1JPY

1DTS

1EURO

1KES

1TZS

1UGS

1ZAR

1BIF

1CMD

1CFA

PERIOD
2006

548.65

1075.69

4.62

824.71

721.59

7.92

0.43

0.32

78.21

0.55

548.65

1.10

2007

544.22

1088.33

4.82

859.04

800.22

8.56

0.48

0.32

80.03

0.48

544.22

1.22

2008

558.90

810.18

6.19

865.07

792.01

7.20

0.43

0.29

58.89

0.49

558.90

1.21

2009

571.24

905.53

6.19

892.27

818.41

7.55

0.44

0.30

77.35

0.46

571.24

1.25

2006
January

554.66

980.25

4.72

800.82

670.70

7.74

0.47

0.31

90.05

0.57

554.66

1.02

February

554.01

964.54

4.77

794.29

656.73

7.63

0.47

0.30

90.26

0.57

554.01

1.00

March

552.91

962.50

4.71

797.07

668.36

7.64

0.45

0.30

88.81

0.57

552.91

1.02

April

552.43

988.85

4.84

809.86

688.82

7.74

0.45

0.30

90.11

0.57

552.43

1.05
1.08

May

551.70

1033.49

4.91

822.47

707.82

7.60

0.44

0.30

83.94

0.56

551.70

June

552.01

1002.67

4.79

811.67

692.99

7.45

0.44

0.30

76.06

0.56

552.01

1.06

July

552.50

1027.75

4.82

818.58

702.17

7.46

0.43

0.30

80.02

0.56

552.50

1.07

August

551.52

1048.44

4.71

819.84

707.00

7.58

0.42

0.30

77.48

0.56

551.52

1.08

September

549.85

1033.78

4.68

813.59

699.25

7.57

0.45

0.30

71.83

0.53

549.85

1.07

October

550.70

1047.11

4.69

816.22

700.82

7.65

0.43

0.30

73.39

0.53

550.70

1.07

November

550.67

1073.76

4.74

829.31

724.63

7.84

0.42

0.30

77.29

0.53

550.67

1.10

December

548.65

1075.69

4.62

824.71

721.59

7.92

0.43

0.32

78.21

0.55

548.65

1.10

2007
January

549.40

1079.62

4.51

819.51

711.86

7.79

0.42

0.31

76.67

0.53

549.40

1.09

February

547.74

1076.15

4.59

824.57

723.89

7.90

0.43

0.31

77.42

0.53

547.74

1.10

March

546.47

1073.60

4.65

826.94

729.32

7.95

0.44

0.32

74.71

0.53

546.47

1.11

April

546.10

1091.44

4.57

833.21

744.72

7.99

0.43

0.32

78.17

0.53

546.10

1.14

May

545.14

1078.88

4.55

827.08

734.95

8.13

0.44

0.32

78.32

0.51

545.14

1.12

June

547.87

1096.99

4.46

829.66

737.48

8.23

0.44

0.34

77.06

0.51

547.87

1.12

July

549.06

1111.36

4.64

840.49

750.51

8.13

0.43

0.33

78.69

0.50

549.06

1.14

August

547.86

1099.33

4.75

838.60

745.69

8.18

0.43

0.31

75.42

0.50

547.86

1.14

September

546.76

1106.70

4.73

849.84

773.89

8.17

0.45

0.31

79.70

0.49

546.76

1.18

October

545.86

1127.20

4.76

856.37

785.60

8.22

0.48

0.31

82.89

0.48

545.86

1.20

November

545.29

1124.76

4.96

866.87

803.48

8.58

0.46

0.32

78.39

0.48

545.29

1.22

December

544.22

1088.33

4.82

859.04

800.22

8.56

0.48

0.32

80.03

0.48

544.22

1.22

1.23

2008
January

542.92

1082.54

5.08

864.14

804.40

7.43

0.47

0.32

74.94

0.48

542.92

February

544.23

1078.27

5.11

872.16

821.40

8.04

0.47

0.32

72.37

0.48

544.23

1.25

March

544.10

1079.72

5.22

876.71

827.03

8.15

0.47

0.32

70.47

0.48

544.35

1.26

April

543.60

1073.23

5.22

883.64

846.66

8.73

0.45

0.32

71.81

0.48

543.60

1.29

May

542.85

1072.56

5.16

881.26

844.62

8.75

0.45

0.33

71.05

0.48

542.85

1.29

June

543.60

1079.92

5.11

886.03

856.01

8.40

0.46

0.33

68.59

0.48

543.60

1.30

July

545.67

1080.32

5.06

884.23

850.42

8.10

0.47

0.33

73.84

0.48

545.67

1.30

August

548.80

1007.11

5.03

862.66

810.75

7.97

0.47

0.34

71.13

0.48

548.80

1.24

September

550.88

1013.62

5.23

865.31

803.51

7.47

0.47

0.33

67.47

0.48

550.88

1.22

October

552.19

910.45

5.60

830.18

721.71

6.94

0.43

0.28

55.89

0.48

552.19

1.10

November

553.54

848.80

5.80

827.06

716.78

7.11

0.44

0.28

55.58

0.49

553.54

1.09

December

558.90

810.18

6.19

865.07

792.01

7.20

0.43

0.29

58.89

0.49

558.90

1.21

1.14

2009
January

566.04

811.02

6.31

851.73

743.15

7.13

0.44

0.28

57.18

0.50

566.04

February

567.38

808.86

5.80

835.58

725.06

7.12

0.43

0.29

57.02

0.50

567.38

1.11

March

569.12

806.16

5.88

848.04

749.48

7.07

0.43

0.26

58.49

0.46

569.12

1.14

April

568.07

839.27

5.86

851.17

752.58

7.23

0.43

0.26

66.44

0.47

568.07

1.15

May

567.11

905.16

5.85

870.60

787.26

7.26

0.43

0.25

68.44

0.47

567.11

1.20

June

568.66

568.66

5.96

881.59

798.96

7.38

0.44

0.27

72.90

0.47

568.66

1.22

July

569.07

938.34

5.98

882.67

800.46

7.43

0.43

0.27

71.84

0.46

569.07

1.22

August

568.11

927.43

6.05

888.47

815.46

7.45

0.44

0.28

73.16

0.46

568.11

1.24

September

568.67

907.88

6.32

897.11

827.81

7.54

0.44

0.29

76.64

0.46

568.67

1.26
1.27

October

569.30

937.19

6.27

902.57

835.91

7.57

0.44

0.30

72.76

0.46

569.30

November

569.87

945.36

6.38

911.17

849.38

7.62

0.43

0.30

75.92

0.47

569.87

1.29

December

571.24

905.53

6.19

892.27

818.41

7.55

0.44

0.30

77.35

0.46

571.24

1.25

2010
January

572.98

930.74

6.35

891.88

801.94

7.51

0.43

0.29

75.74

0.46

572.98

1.22

February

572.39

876.10

6.40

875.39

772.50

7.44

0.43

0.28

73.38

0.47

572.39

1.18

March

573.57

865.22

6.20

871.56

772.99

7.42

0.43

0.28

77.98

0.47

573.57

1.18

April

576.38

878.06

6.13

869.38

763.41

7.44

0.43

0.29

78.42

0.47

576.38

1.16

May

580.77

846.76

6.37

856.24

720.79

7.28

0.42

0.26

76.47

0.47

580.77

1.10

June

588.58

886.05

6.63

868.24

717.54

7.20

0.43

0.26

77.19

0.48

588.58

1.09

July

588.83

921.23

6.78

896.00

770.43

7.30

0.43

0.26

80.44

0.48

588.83

1.17

August

587.19

908.50

6.93

886.15

744.91

7.27

0.40

0.26

80.38

0.48

587.19

1.14

September

589.95

931.89

7.05

915.77

802.51

7.29

0.40

0.26

84.76

0.48

589.95

1.22

October

591.31

938.95

7.27

928.10

818.97

7.33

0.40

0.26

84.41

0.48

591.31

1.25

November

593.02

924.52

7.05

908.13

780.83

7.39

0.40

0.26

83.02

0.48

593.02

1.19

December

594.45

915.22

7.24

911.40

780.10

7.37

0.41

0.26

89.05

0.48

594.45

1.19

Source : BNR, Statistics Department

TABLE I. 5(Cont.).

AVERAGE FOREIGN EXCHANGE RATES FOR MAJOR FOREIGN CURRENCIES (Simple average)

CURRENCIES

1GBP

1USD

1JPY

1DTS

1EURO

1KES

1TZS

1UGS

1ZAR

1BIF

1CMD

1CFA

PERIOD
2006
January

554.33

977.02

4.80

801.51

669.98

7.65

0.47

0.31

90.78

0.57

554.33

1.02

February

553.39

966.73

4.69

794.26

660.66

7.72

0.47

0.30

90.35

0.57

553.39

1.01

March

552.89

964.61

4.72

795.67

664.21

7.63

0.46

0.30

88.89

0.57

552.89

1.01

April

552.41

974.42

4.72

801.19

676.19

7.75

0.45

0.30

90.90

0.57

552.41

1.03

May

551.93

1030.28

4.94

821.26

703.86

7.68

0.45

0.30

87.70

0.56

551.93

1.07

June

552.13

1019.17

4.82

816.43

699.54

7.55

0.44

0.30

79.59

0.56

552.13

1.07

July

551.63

1016.51

4.77

814.96

699.59

7.50

0.44

0.30

77.75

0.56

551.63

1.07

August

551.68

1043.61

4.77

820.35

706.71

7.56

0.43

0.30

79.52

0.56

551.68

1.08

September

550.77

1039.81

4.70

816.25

701.70

7.56

0.42

0.30

74.51

0.54

550.77

1.07

October

550.01

1030.53

4.64

810.44

693.85

7.61

0.44

0.30

71.78

0.52

550.01

1.06

November

550.25

1050.09

4.69

818.68

707.01

7.72

0.42

0.30

75.72

0.53

550.24

1.08

December

549.57

1078.92

4.69

828.69

725.53

7.89

0.43

0.31

78.04

0.54

549.57

1.11

2007
January

549.21

1075.84

4.57

821.27

714.59

7.88

0.43

0.31

76.86

0.55

549.21

1.09

February

548.18

1073.46

4.54

820.63

716.16

7.88

0.42

0.31

76.59

0.53

548.18

1.09

March

546.93

1065.50

4.66

824.53

724.15

7.89

0.43

0.31

74.56

0.53

546.93

1.10

April

546.50

1085.57

4.60

830.39

737.46

7.96

0.43

0.32

76.76

0.53

546.50

1.12

May

546.04

1083.32

4.53

828.92

738.05

8.10

0.43

0.32

78.08

0.52

546.04

1.13

June

546.03

1083.27

4.46

825.14

732.25

8.20

0.43

0.33

76.14

0.51

546.03

1.12

July

548.87

1115.75

4.51

839.05

752.39

8.19

0.43

0.33

78.86

0.50

548.87

1.15

August

548.43

1102.57

4.70

838.86

747.01

8.20

0.43

0.32

76.08

0.50

548.43

1.14

September

547.28

1103.40

4.75

844.20

759.03

8.16

0.44

0.31

76.74

0.50

547.28

1.16

October

546.21

1115.49

4.71

851.04

776.61

8.18

0.47

0.31

80.65

0.49

546.21

1.18

November

545.29

1130.66

4.91

865.05

799.69

8.33

0.48

0.32

81.90

0.48

545.56

1.22

544.22

1102.54

4.86

858.88

794.22

8.61

0.47

0.32

79.90

0.48

544.81

1.21

December
2008
January

543.84

1071.68

5.03

861.20

800.29

8.07

0.47

0.32

78.13

0.48

543.84

1.22

February

543.59

1066.91

5.07

861.53

800.81

7.83

0.47

0.32

71.06

0.48

543.58

1.22

March

544.25

1089.83

5.39

887.52

843.66

8.42

0.46

0.32

68.44

0.48

544.25

1.29

April

543.92

1077.74

5.32

890.66

857.98

8.73

0.45

0.32

69.62

0.48

543.92

1.31

May

543.08

1067.36

5.21

881.94

845.05

8.76

0.45

0.33

71.30

0.47

543.08

1.29

June

543.06

1066.08

5.08

878.93

843.87

8.54

0.46

0.34

68.60

0.48

543.06

1.29

July

544.37

1083.04

5.10

888.18

859.64

8.16

0.47

0.33

71.34

0.48

544.37

1.31

August

547.50

1038.83

5.01

869.30

822.49

8.08

0.47

0.34

71.73

0.48

547.50

1.25

September

549.54

988.71

5.14

855.52

790.90

7.69

0.47

0.34

68.53

0.48

549.54

1.21

October

551.35

937.42

5.50

836.82

737.90

7.22

0.45

0.31

57.58

0.48

551.35

1.13

November

552.73

850.86

5.70

819.75

704.27

7.08

0.44

0.30

54.75

0.49

552.73

1.07

December

554.97

827.52

6.07

842.20

743.87

7.11

0.43

0.28

55.46

0.49

554.97

1.13

1.15

2009
January

564.19

818.69

6.24

811.25

751.34

7.14

0.42

0.29

57.19

0.52

564.19

February

566.80

819.40

6.16

843.40

726.52

7.13

0.43

0.30

56.78

0.50

566.98

1.11

March

568.53

806.32

5.82

842.58

739.97

7.08

0.43

0.28

56.93

0.47

568.38

1.13

April

568.50

833.80

5.76

847.85

749.48

7.13

0.43

0.26

62.96

0.46

568.50

1.14

May

567.21

872.06

5.86

861.30

771.60

7.29

0.43

0.25

67.60

0.47

567.21

1.18

June

567.97

911.11

5.88

877.37

796.07

7.29

0.44

0.26

70.52

0.47

567.97

1.21

July

569.28

930.39

6.03

883.50

801.88

7.42

0.43

0.28

71.68

0.47

569.28

1.22

August

568.04

940.25

5.98

885.99

809.75

7.44

0.44

0.27

71.52

0.46

568.04

1.23

September

568.80

929.48

6.21

896.70

826.78

7.52

0.44

0.29

75.49

0.46

568.15

1.26

October

569.44

920.91

6.32

905.09

843.29

7.57

0.44

0.30

76.28

0.46

569.44

1.29

November

569.87

945.36

6.38

911.17

849.38

7.62

0.43

0.30

75.92

0.47

569.87

1.29

December

570.59

927.33

6.38

903.76

835.43

7.57

0.43

0.30

76.24

0.46

570.44

1.27

2010
January

572.14

925.31

6.26

895.74

818.10

7.55

0.43

0.30

76.91

0.46

572.14

1.25

February

572.78

894.64

6.35

880.64

783.17

7.46

0.43

0.29

74.97

0.47

572.78

1.19

March

572.62

861.87

6.33

874.94

777.53

7.45

0.43

0.27

77.20

0.47

572.62

1.19

April

574.00

879.63

6.13

870.93

770.38

7.42

0.43

0.28

77.99

0.47

574.00

1.17

May

578.63

850.49

6.27

857.15

729.81

7.38

0.43

0.27

75.82

0.47

578.63

1.11

June

584.38

861.02

6.42

857.80

713.67

7.23

0.42

0.26

76.56

0.47

584.38

1.09

July

589.39

900.23

6.73

886.12

752.66

7.23

0.43

0.26

77.98

0.48

589.39

1.15

August

588.97

920.83

6.88

893.13

759.07

7.33

0.41

0.26

80.70

0.48

588.97

1.16

September

588.35

915.29

6.97

897.49

767.91

7.27

0.40

0.26

82.47

0.48

588.35

1.17

October

590.17

935.82

7.20

925.91

819.28

7.30

0.40

0.26

85.45

0.48

591.09

1.25

November

592.37

947.54

7.20

925.46

812.37

7.37

0.40

0.26

84.99

0.48

592.37

1.24

December

593.78

926.05

7.12

911.33

784.12

7.37

0.41

0.26

86.63

0.48

593.78

1.20

Source : BNR, Statistics Department

II. PUBLIC FINANCE

TABLE II.1

OPERATIONS OF THE CENTRAL GOVERNMENT (IN RWF MILLION )

DENOMINATION

January-10

February-10

March-10

Quarter 1 - 2010 April-10

May-10

June-10

Quarter 2 - 2010 July-10

August-10

September-10

Quarter 3 - 2010 October-10

November-10

December-10

Quarter 4 - 2010

Revenue and grants

52 376.0

28 954.5

81 329.3

162 659.8

44 849.9

40 257.4

161 207.4

246 314.6

38 026.1

41 030.0

133 224.5

212 280.6

60 783.8

44 310.2

103 404.2

208 498.2

Total revenue

30 726.8

28 954.5

46 007.9

105 689.3

32 268.1

31 200.7

38 054.7

101 523.4

31 866.4

36 252.6

40 302.2

108 421.2

34 389.0

37 329.1

46 461.9

118 180.0

30 069.8

28 262.3

44 059.8

98 609.0

30 984.0

28 290.4

36 929.8

96 204.2

31 125.6

33 959.1

38 682.9

103 767.6

32 815.3

35 209.8

45 302.3

113 327.4

9 745.2

9 800.1

23 019.2

42 564.5

10 558.2

10 460.2

16 455.3

37 473.7

10 807.9

12 054.1

16 495.4

39 357.4

11 353.4

11 421.5

19 632.0

42 406.9

17 517.9

16 240.2

17 451.3

51 209.4

17 146.7

15 697.3

17 708.6

50 552.6

17 634.3

19 058.6

18 961.5

55 654.4

19 161.0

20 310.8

22 339.2

61 811.0

2 806.7

2 222.0

3 589.3

8 618.0

3 279.1

2 132.9

2 765.9

8 177.9

2 683.4

2 846.4

3 226.0

8 755.8

2 300.9

3 477.5

3 331.1

9 109.5

657.0

692.2

1 948.1

3 297.4

1 284.1

2 910.3

1 124.9

5 319.2

740.8

2 293.5

1 619.3

4 653.6

1 573.7

2 119.3

1 159.6

4 852.6

21 649.2

0.0

35 321.3

56 970.5

12 581.8

9 056.7

123 152.7

144 791.2

6 159.7

4 777.4

92 922.3

103 859.4

26 394.8

6 981.1

56 942.3

90 318.2

21 649.2

0.0

8 021.3

29 670.5

12 581.8

9 056.7

95 852.7

117 491.2

6 159.7

4 777.4

58 822.3

69 759.4

26 394.8

6 981.1

24 142.3

57 518.2

Tax revenue
Direct Taxes
Tax on goods and sevices
Tax on International Trade
Non -Tax revenue
Total Grants
Budgetary grants
Capital Grants
Total expenditure and net lending
Current Expenditures
Wages and salaries
Civil

0.0

0.0

27 300.0

27 300.0

0.0

0.0

27 300.0

27 300.0

60 942.9

38 007.9

97 719.2

196 670.1

66 950.0

67 091.0

79 121.6

213 162.6

51 328.8

23 499.1

42 457.9

117 285.8

43 060.6

51 494.6

32 557.9

127 113.1

34 288.1

50 097.5

10 794.5

5 563.2

10 201.5

26 559.1

10 918.6

8 126.3

10 321.8

29 366.7

10 117.9

8 291.2

3 147.4

7 763.4

19 202.0

8 289.5

5 653.6

7 908.8

21 851.9

7 866.9

52 346.5

34 100.0

34 100.0

32 800.0

32 800.0

108 396.9

236 283.0

76 244.5

56 567.3

117 837.8

250 649.6

40 327.1

124 712.7

52 639.4

43 554.3

37 488.7

133 682.4

9 834.6

8 916.6

28 869.2

12 676.7

9 361.3

9 277.7

31 315.7

7 136.6

6 453.4

21 456.9

9 681.0

6 408.7

6 564.8

22 654.5

75 539.6

Defense

1 470.6

477.5

627.3

2 575.4

1 243.2

2 261.1

124.2

3 628.5

2 251.1

2 698.0

2 463.2

7 412.2

2 995.7

2 952.6

2 712.9

8 661.1

Purchases of goods and services

10 966.7

4 816.9

12 326.4

28 110.0

9 418.4

21 346.5

10 546.3

41 311.2

5 747.9

10 293.1

8 579.2

24 620.1

13 053.2

11 618.6

8 289.0

32 960.8

Civil

9 496.1

4 339.4

11 699.1

25 534.6

8 175.2

19 085.4

10 422.1

37 682.7

4 509.0

9 199.7

7 974.7

21 683.3

12 172.7

9 805.9

7 132.9

29 111.5

Defense

1 470.6

477.5

627.3

2 575.4

1 243.2

2 261.1

124.2

3 628.5

1 238.9

1 093.4

604.5

2 936.8

880.5

1 812.7

1 156.1

3 849.3

Interests payment

794.7

276.7

2 503.0

3 574.4

933.6

1 003.0

2 110.9

4 047.5

876.0

1 334.3

1 436.1

3 646.4

1 033.6

1 366.4

1 614.3

4 014.3

Domestic interests ( paid)

391.6

216.5

1 937.2

2 545.2

100.6

166.0

1 634.1

1 900.7

475.0

1 276.1

1 051.9

2 802.9

205.1

1 223.7

1 174.5

2 603.3

External interest ( paid)

403.2

60.2

565.8

1 029.2

833.0

837.0

476.7

2 146.7

401.0

58.2

384.2

843.4

828.5

142.7

439.8

1 411.0

19 391.5

9 158.9

16 450.0

45 000.4

20 390.4

15 360.8

5 298.8

41 050.0

13 429.8

18 046.8

17 893.8

49 370.3

17 889.8

16 191.2

12 667.1

46 748.1

9 381.4

3 683.4

977.1

14 041.9

1 399.6

5 658.0

4 280.1

11 337.8

4 116.5

10 588.7

3 501.5

18 206.7

7 986.2

5 016.8

5 254.6

16.3

16.9

5 287.8

17.0

1 217.0

1 702.2

2 936.1

1 323.3

15.0

1 344.1

2 682.3

2 412.5

1 359.5

615.5

4 387.5

271.9

0.0

0.0

271.9

27.1

0.0

608.8

635.9

191.4

51.5

97.8

340.8

406.5

150.0

458.4

1 014.9

3 437.7

2 753.6

630.6

6 821.8

529.3

441.7

1 635.5

2 606.5

1 151.0

8 829.2

464.9

10 445.1

4 243.9

3 281.4

2 356.4

9 881.6

Transfers
Exceptional Social Exependiture

5 640.6

18 643.6

Of which: Assistance to victimes of genocide


(FARG)
Demobilisation / Reintegration
Peace keeping operations

TABLE II.1

OPERATIONS OF THE CENTRAL GOVERNMENT (IN RWF MILLION )

DENOMINATION

January-10

Capital expenditure
Domestic
Foreign revenue

February-10

March-10

Quarter 1 - 2010 April-10

May-10

June-10

Quarter 2 - 2010 July-10

August-10

September-10

Quarter 3 - 2010 October-10

November-10

December-10

Quarter 4 - 2010

9 753.6

13 182.1

51 621.3

74 556.9

21 792.4

17 288.8

47 575.0

86 656.1

14 740.8

13 932.9

63 457.0

92 130.7

20 900.0

15 604.0

75 817.7

112 321.7

9 753.6

13 182.1

6 801.3

29 736.9

21 792.4

17 288.8

9 575.0

48 656.1

14 740.8

13 932.9

13 757.0

42 430.7

20 900.0

15 604.0

28 117.7

64 621.7

0.0

0.0

44 820.0

44 820.0

0.0

0.0

38 000.0

38 000.0

0.0

0.0

49 700.0

49 700.0

0.0

0.0

47 700.0

47 700.0

-139.5

1 326.7

3 640.1

4 827.3

2 097.1

-1 692.4

-1 011.3

-606.6

3 317.6

11 509.2

4 612.8

19 439.6

2 705.2

-2 591.0

4 531.4

4 645.6

Primary deficit ( including exceptional expenditures)

-29 560.9

-7 450.0

-748.2

-37 759.0

-31 651.3

-36 579.7

-1 967.4

-70 198.4

-16 286.5

-26 443.5

-12 345.8

-55 075.7

-38 116.7

-20 462.9

-17 530.2

-76 109.7

Primary deficit ( excluding exceptional expenditures)

-20 974.2

-4 043.2

-2 274.1

-27 291.5

-31 185.3

-31 924.7

201.9

-62 908.1

-13 046.0

-17 189.0

-10 280.4

-40 515.4

-31 164.2

-16 812.4

-13 503.9

-61 480.5

Net lending

Overal deficit(Payment order) : Including grants


Excluding grants
Change in arrears ( net reduction)
Domestic

-8 566.9

-9 053.4

-16 390.0

-34 010.2

-22 100.1

-26 833.6

82 085.8

33 152.0

-14 320.4

-34 509.6

24 827.6

-24 002.4

-15 460.7

-12 257.1

-14 433.6

-42 151.4

-30 216.1

-9 053.4

-51 711.3

-90 980.8

-34 682.0

-35 890.3

-41 066.9

-111 639.2

-20 480.1

-39 286.9

-68 094.6

-127 861.7

-41 855.5

-19 238.2

-71 375.9

-132 469.6

21 574.0

2 753.8

-6 162.1

18 165.6

7 577.4

18 077.3

-49 680.4

-24 025.7

5 940.2

-788.2

174.8

5 326.8

-15 133.5

5 484.4

-2 840.3

-12 489.4

21 574.0

2 753.8

-6 162.1

18 165.6

7 577.4

18 077.3

-49 680.4

-24 025.7

5 940.2

-788.2

174.8

5 326.8

-15 133.5

5 484.4

-2 840.3

-12 489.4

External

0.0

Deficit ( cash basis)

0.0

13 007.1

-6 299.6

-22 552.0

-15 844.6

-14 522.7

-8 756.3

32 405.3

9 126.3

-8 380.2

-35 297.8

25 002.4

-18 675.6

-30 594.2

-6 772.7

-17 273.9

-54 640.8

-13 007.1

6 299.6

22 552.0

15 844.6

14 522.7

8 756.3

-32 405.3

-9 126.3

8 380.2

35 297.8

-25 002.4

18 675.6

30 594.2

6 772.7

17 273.9

54 640.8

-502.9

-158.1

17 346.7

16 685.6

-199.3

-229.8

8 468.4

8 039.3

-1 077.5

-154.5

15 486.6

14 254.6

-681.9

-387.6

13 689.7

12 620.2

0.0

0.0

17 520.0

17 520.0

0.0

0.0

10 700.0

10 700.0

0.0

0.0

15 600.0

15 600.0

0.0

0.0

14 900.0

14 900.0

Budgetary loans

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Project loans

0.0

0.0

17 520.0

17 520.0

0.0

0.0

10 700.0

10 700.0

0.0

0.0

15 600.0

15 600.0

0.0

0.0

14 900.0

14 900.0

-502.9

-158.1

-173.3

-834.4

-199.3

-229.8

-2 231.6

-2 660.7

-1 077.5

-154.5

-113.4

-1 345.4

-681.9

-387.6

-1 210.3

-2 279.8

-12 504.1

6 457.7

5 205.4

-841.0

14 722.0

8 986.1

-40 873.7

-17 165.6

9 457.7

35 452.3

-40 489.0

4 421.0

31 276.2

7 160.3

3 584.1

42 020.6

Banking system ( monetary survey)

-4 900.0

23 500.0

10 700.0

29 300.0

6 000.0

13 400.0

-26 100.0

-6 700.0

14 500.0

33 900.0

-55 100.0

-6 700.0

8 600.0

34 800.0

-42 300.0

1 100.0

Non Bank ( Net)

-1 535.3

-3 330.5

-304.8

-5 170.6

-1 924.6

53.5

-542.6

-2 413.7

-2 275.4

-196.9

1 255.1

-1 217.2

-596.6

-312.3

-1 506.3

-2 415.2

-1 000.0

-879.0

0.0

-1 879.0

-283.0

113.1

2 017.0

1 847.1

-1 071.7

-153.4

1 405.6

180.5

-553.2

217.3

-864.7

-1 200.6

0.0

378.0

0.0

378.0

-283.0

113.1

2 017.0

1 847.1

-1 071.7

-523.0

1 405.6

-189.1

-1 053.2

217.3

-864.7

-1 700.6

-1 000.0

-1 257.0

0.0

-2 257.0

0.0

0.0

0.0

0.0

0.0

369.6

0.0

369.6

500.0

0.0

0.0

500.0

-535.3

-2 451.5

-304.8

-3 291.6

-1 641.6

-59.6

-2 559.6

-4 260.8

-1 203.7

-43.5

-150.5

-1 397.7

-43.4

-529.6

-641.6

-1 214.6

Financing
Foreign Financing (net)
Drawings

Amortization (due)
Domestic Financing

Government Securities ( Net)


Non Bank T/Bills
Non Bank T/Bonds
Non Bank Sector Debt Repayment

Note foot: July - Dec 2010: Provisional figures ( of which Capital grants, Projects loans and foreign capital expenditure figures are estimates)
Source: MINECOFIN

TABLE II.2

DEVELOPMENT OF CURRENT REVENUE OF THE GOVERNMENT BUDGET


( In Rwf million )

FISCAL REVENUE
PERIOD
Taxes on Incomes

Property
taxes*

Taxes on
goods and
services

Taxes on
International Trade

Non Tax revenue

Total Revenue

2005

50 688.2

749.3

82 905.7

28 205.5

17 732.6

180 281.3

2006

64 536.1

828.1

95 536.7

30 284.6

14 564.9

205 750.4

2007

85 754.7

0.0

121 143.6

31 047.6

14 228.3

252 174.2

2008

85 754.7

0.0

121 143.6

31 047.6

14 228.3

252 174.2

2009

136 456.9

0.0

183 697.7

42 662.4

16 544.3

379 361.3

161 802.5

0.0

219 227.4

34 661.2

18 122.8

433 814.0

31 431.4

46 163.2

13 533.9

2 948.5

94 077.0

2010
2009
1st Quarter
January

8 304.1

15 978.4

3 767.5

1 269.7

29 319.7

February

8 040.1

16 263.3

4 687.8

959.8

29 951.0

March

15 087.2

2nd Quarter

36 534.7

13 921.5
-

42 808.0

5 078.6
13 084.9

719.0
7 195.2

34 806.3
99 622.8

April

8 524.1

14 378.9

4 419.8

1 844.9

29 167.7

May

9 523.8

13 683.2

3 899.3

2 605.8

29 712.1

June

18 486.8

14 745.9

4 765.8

2 744.5

3rd Quarter

32 310.1

46 286.3

7 626.1

3 353.9

40 743.0
89 576.4

July

8 480.2

15 043.3

2 985.6

748.8

27 257.9

August

8 616.3

15 857.3

2 649.4

670.6

27 793.6

September

15 213.6

15 385.7

1 991.1

1 934.5

34 524.9

48 440.2

8 417.5

3 046.7

96 085.1

8 362.4

15 346.2

2 941.0

624.7

27 274.3

November

9 810.5

16 407.5

3 163.5

1 084.7

30 466.2

December

18 007.8

16 686.5

2 313.0

1 337.3

38 344.6

4th Quarter

36 180.7

October

ANNUAL TOTAL

136 456.9

183 697.7

42 662.4

16 544.3

379 361.3

42 564.5

51 209.4

8 618.0

3 297.4

105 689.3

2010
1st Quarter
January

9 745.2

17 517.9

2 806.7

657.0

30 726.8

February

9 800.1

16 240.2

2 222.0

692.2

28 954.5

March
2nd Quarter

23 019.2
37 473.7

17 451.3
-

50 552.6

3 589.3
8 177.9

1 948.1
5 319.2

46 007.9
101 523.4

April

10 558.2

17 146.7

3 279.1

1 284.1

32 268.1

May

10 460.2

15 697.3

2 132.9

2 910.3

31 200.7

June

16 455.3

17 708.6

2 765.9

1 124.9

3rd Quarter

39 357.4

55 654.4

8 755.8

4 653.6

38 054.7
108 421.2

July

10 807.9

17 634.3

2 683.4

740.8

31 866.4

August

12 054.1

19 058.6

2 846.4

2 293.5

36 252.6

September

16 495.4

18 961.5

3 226.0

1 619.3

4th Quarter

42 406.9

61 811.0

9 109.5

4 852.6

40 302.2
118 180.0

October

11 353.4

19 161.0

2 300.9

1 573.7

34 389.0

November

11 421.5

20 310.8

3 477.5

2 119.3

37 329.1

December

19 632.0

22 339.2

3 331.1

1 159.6

46 461.9

219 227.4

34 661.2

18 122.8

433 814.0

ANNUAL TOTAL
Property taxes*: Decentralised since 2007
Note foot : July - Dec 2010: Provisional figures
Source : MINECOFIN

161 802.5

TABLE II.3 DEVELOPMENT OF CURRENT EXPENDITURE OF THE GOVERNMENT BUDGET


(In RWF million )

Types of Expenditure
PERIOD

Goods and
services

Wages and
salaries

Interests
payment

Exceptional
Expenditure

Total
Expenditure

53 538.7

35 381.3

215 129.2

11 439.6

72 564.4

33 474.9

251 308.3

10 980.8

103 595.3

46 948.6

313 227.4

84 178.7

12 612.3

130 445.8

60 937.8

368 501.4

104 806.5

97 402.3

11 412.2

162 440.2

48 311.8

424 372.9

127 002.1

116 110.7

15 282.5

182 168.8

62 230.0

502 794.0

27 449.9

22 918.1

1 755.9

41 853.6

14 965.9

108 943.3

2005

64 466.6

51 205.1

10 537.5

2006

71 634.9

62 194.5

2007

77 982.1

73 720.6

2008

80 326.9

2009
2010

Transfers

2009
1st Quarter
January

11 639.9

9 426.5

328.0

15 508.6

2 927.1

39 830.0

February

7 293.7

6 140.6

48.0

10 249.5

3 214.8

26 946.6

March
2nd Quarter

8 516.3

7 351.1

1 379.8

16 095.5

8 824.0

42 166.7

31 236.1

23 832.7

2 891.0

33 300.3

6 703.6

97 963.7

April

11 402.5

9 929.9

671.7

18 675.7

5 400.3

46 080.1

May

9 995.8

6 845.7

89.4

9 867.4

885.5

27 683.9

June

9 837.8

7 057.1

2 129.8

4 757.3

417.8

24 199.8

22 479.7

25 051.8

3 198.7

41 198.4

15 444.4

107 372.9

3rd Quarter
July

9 090.2

10 289.0

796.5

16 087.9

2 546.1

38 809.7

August

8 815.3

7 629.8

1 315.6

14 455.3

2 821.2

35 037.3

September

4 574.1

7 133.0

1 086.6

10 655.2

10 077.1

33 526.0
110 092.9

23 640.8

25 599.7

3 566.6

46 087.9

11 197.9

October

4th Quarter

9 306.4

11 075.3

1 723.7

24 022.2

5 687.0

51 814.7

November

8 240.9

7 241.9

1 413.8

11 948.8

2 499.8

31 345.1

6 093.5

7 282.5

429.1

10 116.9

3 011.2

26 933.1

104 806.5

97 402.3

11 412.2

162 440.2

48 311.8

424 372.9

28 110.0

26 559.1

3 574.4

45 000.4

14 041.9

117 285.8

10 966.7

10 794.5

794.7

19 391.5

9 381.4

51 328.8
23 499.1

December
ANNUAL TOTAL
2010
1st Quarter
January
February
March
2nd Quarter
April

4 816.9

5 563.2

276.7

9 158.9

3 683.4

12 326.4

10 201.5

2 503.0

16 450.0

977.1

42 457.9

41 311.2

29 366.7

4 047.5

41 050.0

11 337.8

127 113.1

9 418.4

10 918.6

933.6

20 390.4

1 399.6

43 060.6
51 494.6

May

21 346.5

8 126.3

1 003.0

15 360.8

5 658.0

June

10 546.3

10 321.8

2 110.9

5 298.8

4 280.1

32 557.9

24 620.1

28 869.2

3 646.4

49 370.3

18 206.7

124 712.7

5 747.9

10 117.9

876.0

13 429.8

4 116.5

34 288.1

10 293.1

9 834.6

1 334.3

18 046.8

10 588.7

50 097.5

8 579.2

8 916.6

1 436.1

17 893.8

3 501.5

40 327.1

32 960.8

31 315.7

4 014.3

46 748.1

18 643.6

133 682.4

October

13 053.2

12 676.7

1 033.6

17 889.8

7 986.2

52 639.4

November

11 618.6

9 361.3

1 366.4

16 191.2

5 016.8

43 554.3

December

8 289.0

9 277.7

1 614.3

12 667.1

5 640.6

37 488.7

127 002.1

116 110.7

15 282.5

182 168.8

62 230.0

502 794.0

3rd Quarter
July
August
September
4th Quarter

ANNUAL TOTAL

Note foot : July - Dec 2010: Provisional figures


Source: MINECOFIN

TABLE II.4 MONTLY SITUATION OF THE TREASURY BILLS AND GOVERNMENT BONDS * ( in Rwf million )

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

DENOMINATION
Treasury

Outstanding of Treasury Bills (end of period)


Banks (Recapitalisation included)
Non Banks
Reimbursement of the Treasury bills
Banks

18 500.0

BNR

Treasury

13 000.0

35 399.48

4 365.00

32 069.50

111.00

650.10

208.10

535.00

2 230.30

10 500.0

2 300.0

13 240.0

18 267.6

10 059.00

2 300.00
-

Issuance of the Treasury Bills

7 500.0

9 000.0

Government Bonds / BNR


Banks

34 299.8

12 349.90

441.00

Non Banks

4 900.0

Treasury

18 389.00

Non Banks

Banks

35 607.6

BNR

7 500.00
9 000.0

8 000.0
8 000.00

Treasury

33 763.8

BNR

7 036.2

Treasury

28 006.0

BNR

Treasury

15 996.0

18 408.10

54 121.40

1 500.00

1 158.60

94.60

80.10

722.60

1 357.10

730.60

988.00

171.30

1 205.30

46.50

340.60

38.00

0.0

23 499.8

12 005.0

12 995.0

0.0

21 298.0

500.0

69.00

1 540.10

527.00

2 500.0

18 000.0

3 000.0

17 004.0

6 996.0

9 000.0

0.0

500.00

26 002.0

0.0

11 500.0

25 934.30

11 575.60

12 365.40

11 439.50

67.70

429.40

629.60

60.50

7 995.0

8 005.0

10 495.0

30 005.0

12 000.0

18 764.10

2 479.50

17 531.60

2 905.40

17 000.00

6 923.50

28 660.30

7 987.00

7 999.20

10 370.20

11 847.00

1 535.70

20.50

468.40

94.60

4.00

72.50

1 344.70

8.00

5.80

124.80

153.00

9 000.0

0.0

9 000.0

0.0

11 500.0

0.0

11 500.0

0.0

11 500.0

0.0

18 527.30

6 000.0
6 000.00

19 500.0
19 400.50

0.0

8 505.94

10 636.34

10 636.34

10 636.34

494.06

494.06

494.06

494.06

863.66

863.66

863.66

8 036.3

0.0

7 993.8

0.0

7 843.4

0.0

6 459.2

0.0

6 414.9

0.0

7 203.1

0.0

6 768.9

Banks

6 760.39

0.00

6 717.86

0.00

6 567.48

0.00

5 683.27

0.00

5 638.96

0.00

6 427.14

0.00

6 423.94

5 894.35

5 614.80

Non Banks

1 275.95

0.00

1 275.95

0.00

1 275.95

0.00

775.95

0.00

775.95

0.00

775.95

0.00

344.93

344.93

344.93

3 009.7

0.0

3 009.7

0.0

3 009.7

0.0

3 009.7

0.0

3 009.7

0.0

3 009.7

0.0

1 369.7

2 033.12

0.00

2 033.12

0.00

2 033.12

0.00

2 033.12

0.00

2 033.12

0.00

2 033.12

0.00

426.99

426.99

274.25

976.56

0.00

976.56

0.00

976.56

0.00

976.56

0.00

976.56

0.00

976.56

0.00

942.74

942.74

931.34

56 400.0

0.0

56 400.0

0.0

53 900.0

0.0

53 900.0

0.00

53 900.0

0.0

53 900.0

0.0

53 900.0

53 900.0

53 900.0

Banks
Non Banks
CONSOLIDATED DEBT (CSR restructured
debt)
* Old bonds for arrears excluded
Source: 1. BNR-Financial Markets Department
2. MINECOFIN

15 000.0

8 505.94

1 363.66

0.0

6 239.3

1 369.7

0.0
-

99.50

0.0

0.0

972.70

8 505.94

Old Government Bonds / Restructured

13 636.34

19 500.0

Government Bonds / MINECOFIN

15 000.0

0.0

8 505.94

Non Banks

1 538.0

36 340.10

54 462.0

20 557.80

44.00

26.00

18 454.6

BNR

27 782.90

20 771.00

571.10

37 545.4

Treasury

21 260.40

2 500.00

20 729.1

BNR

32 651.90

21 959.70

18 981.58

28 770.9

Treasury

15 273.40

20 299.8

21 991.0

BNR

27 925.90

18 198.58

2 500.0

Treasury

6 941.60

19 007.6

34 009.0

BNR

32 605.20

13 196.00

8 428.90

0.0

0.0

BNR

13 636.34

0.0
-

1 363.66
0.0

0.0

5 959.7

1 205.6

0.0

0.0

TABLE II.5. EXTERNAL DEBT DRAWINGS DEVELOPMENTS


(in RWF millions)

PERIOD
2005

Project Support
Multilateral
50 740.31

Bilateral

Bilateral

General Total

5 564.85

56 305.16

0.00

30 529.41

1 690.91

0.00

1 690.91

32 220.32

2007

44 141.77

4 104.79

48 246.56

2 440.49

0.00

2 440.49

50 687.05

2008

56 254.76

934.85

51 189.85

3 149.85

0.00

3 149.85

60 339.46

2009

20 331.78

9 521.66

29 853.44

2 301.86 -

2005

50 740.31

4 251.15
-

26 610.68
50 740.31

5 564.85 -

Total

30 529.41

22 359.53

50 740.31

Multirateral

2006

2010

Budgetary Support
Total

2 301.86

5 564.85

32 155.30
26 610.68

5 564.85

56 305.16

1st Quarter

13 749.10

0.00

13 749.10

733.80

0.00

733.80

14 482.90

2nd Quarter

7 194.59

0.00

7 194.59

3 931.23

0.00

3 931.23

11 125.83

3rd Quarter

8 593.35

0.00

8 593.35

604.81

0.00

604.81

9 198.16

4th Quarter

21 203.27

0.00

21 203.27

295.01

0.00

295.01

21 498.27

30 529.41

0.00

30 529.41

2006

1 690.91

0.00

1 690.91

32 220.32

1st Quarter

7 136.17

0.00

7 136.17

190.65

0.00

190.65

7 326.81

2nd Quarter

7 178.91

0.00

7 178.91

1 500.27

0.00

1 500.27

8 679.17

3rd Quarter

4 135.43

0.00

4 135.43

0.00

0.00

0.00

4 135.43

4th Quarter

12 078.91

0.00

12 078.91

0.00

0.00

0.00

12 078.91

44 141.77

4 104.79

48 246.56

2007

2 440.49

0.00

2 440.49

50 687.05

1 217.09

10 240.08

1st Quarter

8 394.07

628.92

9 022.99

1 217.09

0.00

2nd Quarter

16 162.79

2 247.53

18 410.32

0.00

0.00

0.00

18 410.32

3rd Quarter

9 527.94

1 228.34

10 756.28

1 223.40

0.00

1 223.40

11 979.68

4th Quarter

2008
1st Quarter

10 056.97
56 254.76

0.00
934.85

10 056.97
57 189.61

15 933.92

244.71

16 178.63

2nd Quarter

17 546.06

604.92

3rd Quarter

14 175.44

11.65

4th Quarter

2009

8 599.34
69 141.60

73.57
18 268.93

0.00
3 149.85

0.00
0.00

0.00

10 056.97

3 149.85

60 339.46

1 007.64

17 186.27

1 007.64

0.00

18 150.98

409.90

0.00

409.90

18 560.88

14 187.09

1 580.95

0.00

1 580.95

15 768.04

151.36

0.00

8 672.91
87 410.53

2 301.86

151.36

8 824.27

2 301.86

89 712.39

1st Quarter

7 202.63

3 120.27

10 322.90

1 232.58

0.00

1 232.58

11 555.48

2nd Quarter

7 663.76

6 325.29

13 989.05

28.91

0.00

28.91

14 017.96

3rd Quarter

5 465.39

76.10

5 541.49

1 040.37

0.00

1 040.37

6 581.86

4th Quarter

4 090.76

244.97

4 335.73

0.00

0.00

4 335.73

26 610.68

2010

22 359.53

4 251.15

26 610.68

1st Quarter

4 971.54

363.51

5 335.05

0.00

0.00

5 335.05

2nd Quarter

6 049.48

3 236.59

9 286.07

0.00

0.00

9 286.07

3rd Quarter

3 126.84

0.00

3 126.84

0.00

0.00

3 126.84

4th Quarter

8 211.67

651.05

8 862.72

0.00

0.00

8 862.72

Source : BNR, Statistics

TABLE II.6.

EXTERNAL DEBT SERVICE DEVELOPMENT


(In RWF millions)
Multilateral

PERIOD
2003

Bilateral

Principal

Interest

Total

12 945.07

6 047.61

18 992.68

Principal
2 604.53

TOTAL

Interest

Total

Principal

Interest

1 577.70

4 182.23

15 549.60

7 625.31

1st Quarter

2 965.97

1 306.46

4 272.42

560.35

506.01

1 066.36

3 526.31

1 812.47

2nd Quarter

2 837.90

1 756.29

4 594.19

848.96

294.51

1 143.47

3 686.86

2 050.80

3rd Quarter

3 303.35

1 423.42

4 726.77

222.24

485.05

707.29

3 525.59

1 908.47

4th Quarter

2004

3 837.86

1 561.44

5 399.30

972.98

292.13

1 265.11

4 810.84

1 853.57

15 334.62

6 033.35

21 367.98

1 762.04

1 385.37

3 147.41

17 096.66

7 418.73

1st Quarter

3 430.92

1 383.71

4 814.63

699.04

668.79

1 367.83

4 129.96

2 052.51

2nd Quarter

3 804.22

1 232.86

5 037.07

989.80

431.72

1 421.52

4 794.02

1 664.57

3rd Quarter

4 111.11

1 543.96

5 655.07

73.20

284.86

358.06

4 184.31

1 828.82

4th Quarter

3 988.37

1 872.83

5 861.20

0.00

0.00

0.00

19 278.46

5 145.99

24 424.45

3 020.76

2 061.85

5 082.62

1st Quarter

4 626.93

1 392.84

6 019.77

659.84

643.49

1 303.33

5 286.77

2 036.34

2nd Quarter

5 053.45

1 294.36

6 347.81

1 037.34

394.03

1 431.38

6 090.79

1 688.40

3rd Quarter

4 814.61

1 324.02

6 138.63

235.50

627.25

862.75

5 050.11

1 951.27

4th Quarter

4 783.48

1 134.76

5 918.24

1 088.07

397.08

1 485.16

5 871.55

2005

2006

13 793.90

3 514.28

17 308.18

2 159.69

1 253.35

3 413.04

3 988.37
22 299.23

15 953.59

1 872.83
7 207.84

1 531.84
4 767.63

1st Quarter

5 336.95

1 356.77

6 693.72

647.41

634.37

1 281.77

5 984.36

1 991.13

2nd Quarter

6 383.96

1 161.35

7 545.30

929.81

311.38

1 241.19

7 313.77

1 472.72

3rd Quarter

1 546.51

207.92

1 754.42

485.07

274.55

759.61

2 031.57

482.46

4th Quarter

526.49

788.25

1 314.74

97.41

33.06

130.46

623.89

4 418.95

2 858.29

7 277.24

140.08

593.61

733.69

2007

4 559.03

821.31
3 451.90

1st Quarter

662.15

259.28

921.43

70.08

273.96

344.04

732.23

533.24

2nd Quarter

2 396.52

1 260.65

3 657.17

0.00

14.28

14.28

2 396.52

1 274.93

3rd Quarter

470.39

186.16

656.55

70.00

276.63

346.63

540.39

462.79

4th Quarter

889.89

1 152.20

2 042.09

0.00

28.74

28.74

889.89

1 180.94

2008

10 774.52

7 286.11

18 060.63

282.45

2 011.14

2 293.59

11 056.97

9 297.25

1st Quarter

607.37

254.53

861.90

69.42

279.55

348.97

676.79

534.08

2nd Quarter

2 199.47

1 363.63

3 563.10

0.00

40.02

40.02

2 199.47

1 403.65

3rd Quarter

593.89

241.05

834.94

69.17

284.23

353.40

663.06

525.28

4th Quarter

546.51

1 226.94

1 773.45

0.00

42.36

42.36

546.51

1 269.30

2009

3 413.64

2 099.98

5 513.62

71.93

682.49

754.42

3 485.57

2 782.47

1st Quarter

610.62

341.00

951.62

71.93

281.22

353.15

682.55

622.22

2nd Quarter

2 194.90

1 432.47

3 627.37

0.00

43.94

43.94

2 194.90

1 476.41

3rd Quarter

608.12

326.51

934.63

0.00

357.33

357.33

608.12

683.84

4th Quarter

727.98

1 358.58

2 086.56

0.00

281.63

281.63

727.98

1 640.21
4 599.47

2010

5 158.51

3 607.41

8 765.92

706.72

992.06

1 698.78

5 865.23

1st Quarter

756.83

786.87

1 543.70

73.05

410.42

483.47

829.88

1 197.29

2nd Quarter

1 764.63

1 011.54

2 776.17

0.00

55.93

55.93

1 764.63

1 067.47

3rd Quarter

857.74

361.71

1 219.45

488.04

380.39

868.43

1 345.78

742.10

4th Quarter

1 779.31

1 447.29

3 226.60

145.63

145.32

290.95

1 924.94

1 592.61

N.B. : Data of 2004 : Those data are provided from due service 2004 (Claude's file).

III. PRICE AND PRODUCTION

TABLE III.1.

MONTHLY EVOLUTION OF CONSUMER PRICE INDEX


(For the general index and the divisions index)
Base 100 : February 2009
2009

DIVISION

Weights

avr-09

mai-09

juin-09

juil-09

oct-09

nov-09

avr-10

mai-10

juin-10

juil-10

oct-10

nov-10

dc-10

3 538

97.4

100.0

102.0

101.5

99.4

98.1

98.9

101.2

105.4

107.4

109.1

106.2

103.8

102.1

103.1

104.0

104.5

104.6

102.5

102.7

106.1

104.4

105.8

103.3

- Bread and cereals

733

99.3

100.0

101.7

99.0

98.1

97.6

98.3

96.6

95.3

95.9

98.6

100.9

102.5

100.4

99.8

97.6

96.4

94.6

90.8

87.5

87.4

85.8

89.0

90.2

- Meat

274

98.7

100.0

99.2

99.9

99.7

95.6

96.4

92.8

93.6

94.5

95.3

95.4

94.5

95.2

93.8

94.8

94.7

94.8

95.1

95.5

96.4

99.0

99.2

100.2

01. Food and non-alcoholic beverages

- Fish
- Vegetables

janv-09 fvr-09 mars-09

2010
aot-09 sept-09

dc-09 janv-10 fvr-10 mars-10

aot-10 sept-10

83

98.8

100.0

101.0

100.4

101.4

101.1

99.7

97.5

102.4

105.6

102.3

104.2

102.5

103.8

102.9

105.8

108.3

111.8

115.4

111.6

113.5

112.7

114.9

114.0

1 200

95.3

100.0

104.4

104.8

100.9

99.5

102.0

111.3

123.3

124.9

126.5

113.7

105.1

103.5

108.4

112.0

114.7

115.5

116.7

117.8

127.2

120.3

118.8

107.8

160

98.3

100.0

99.4

98.6

98.4

98.7

97.8

98.7

98.0

98.6

98.5

96.9

98.1

99.0

98.2

99.3

98.2

98.3

97.7

99.7

97.8

97.0

98.9

97.5

02. Alcoholic beverages and tobacco

240

99.8

100.0

103.7

103.4

103.8

103.6

103.6

103.4

103.8

106.5

106.3

108.1

109.1

108.5

112.2

112.4

112.7

111.1

110.2

111.8

111.4

111.9

112.8

112.5

03. Clothing and footwear

377

99.3

100.0

100.2

100.3

99.6

98.1

99.2

100.2

100.7

100.4

99.6

101.0

100.9

100.8

100.9

101.0

100.7

100.7

101.3

101.3

101.3

101.7

102.1

102.6

2 204

99.8

100.0

100.4

100.7

100.8

100.7

100.2

100.5

100.7

101.5

101.6

100.2

100.4

99.3

99.2

100.2

101.2

102.9

102.2

102.3

103.1

103.5

103.0

101.9

457

99.6

100.0

100.2

100.2

100.2

99.9

100.0

99.9

100.1

99.1

99.3

99.0

98.6

99.1

98.2

98.9

98.8

98.7

97.8

97.4

97.1

96.4

97.2

96.7

163

98.8

100.0

100.3

100.6

99.6

99.5

100.3

100.3

100.6

100.8

101.5

101.2

102.0

102.2

102.3

102.7

102.1

102.3

101.0

100.5

100.4

100.6

100.4

100.0

1 189

100.1

100.0

100.1

99.5

99.1

99.4

107.0

108.6

109.7

110.3

111.0

111.5

111.4

112.0

112.2

112.4

112.8

112.7

112.8

112.6

113.0

113.3

115.2

116.0

08. Communication

288

101.2

100.0

99.5

100.1

96.9

97.5

99.7

99.9

99.7

99.4

99.0

98.1

98.5

99.5

99.4

99.7

99.4

99.9

100.1

99.9

100.5

99.2

97.4

97.7

09. Recreation and culture

256

98.5

100.0

100.6

102.5

102.6

100.9

99.7

99.6

98.7

98.5

99.8

99.6

101.2

101.0

100.7

101.7

101.9

101.1

100.5

100.4

99.9

101.4

101.7

100.9

10. Education

331

93.3

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

106.9

106.4

106.4

106.4

106.4

106.4

106.5

106.5

106.5

106.5

106.5

11. Restaurants and hotels

558

100.0

100.0

100.2

99.5

99.7

100.3

100.2

100.0

100.2

100.4

100.3

101.2

101.5

102.4

103.2

101.9

103.7

103.5

103.9

103.5

102.1

102.1

101.8

100.8

12. Miscellaneous goods and services

400

98.1

100.0

97.7

97.7

97.6

98.4

97.3

98.0

98.7

96.5

96.3

96.3

96.4

96.0

95.6

95.7

95.8

96.2

97.4

97.7

97.1

96.8

98.6

98.6

10 000

98.5

100.0

100.8

100.7

99.8

99.3

100.4

101.5

103.3

104.1

104.8

103.7

102.9

102.5

102.9

103.4

104.0

104.3

103.5

103.5

104.8

104.31

105.04

103.90

0.4

1.6

0.8

-0.2

-0.9

-0.5

1.1

1.1

1.7

0.8

0.7

-1.1

-0.7

-0.5

0.4

0.5

0.5

0.3

-0.8

0.1

1.2

-0.5

0.7

-1.1

20.4

19.9

16.7

13.1

12.3

9.5

7.2

5.6

6.1

5.7

5.9

5.7

4.5

2.5

2.1

2.7

4.2

5.0

3.0

2.0

1.5

0.2

0.2

0.2

- Non-alcoholic beverages

04. Housing, water, electricity, gas and other fuels


05. Furnishing, household equipment and
household maintenance

06. Health
07. Transport

GENERAL INDEX
Monthly changes
Changes over 12 months
Source : BNR, Statistics Department

routine

TABLE III.2.

EVOLUTION OF EXPORT CROPS


(From January 2003 to December 2010)

PERIOD
2005
2006
2007
2008
2009
2010

MARKET COFFEE

DRY TEA

RAW PYRETHRUM EXTRACTION

Quantity (in tons)

Quantity (in tons)

Quantity (in tons)

18
26
14
19
14
18

597.26
597.62
682.79
794.40
467.73
181.88

16
16
20
19
20
22

457.64
972.62
394.61
899.70
507.41
163.06

19.52
30.00
13.87
12.71
6.82

39.36
58.32
383.40
588.40
580.20
669.00
442.12
855.76
380.14
878.40
722.16

1
1
1
1
1
1

667.37
509.07
684.89
739.45
768.89
421.42
950.31
775.30
918.32
1 239.53
1 350.82
1 432.25

3.98
2.26
0.19
1.63
1.44
2.40
3.28
4.34

501.96
228.00
540.36
866.40
945.30
234.00
686.70
223.80
824.80
072.22
767.94
706.14

1
1
1
1
1
1
1

510.81
363.00
711.82
584.87
921.07
598.44
020.20
957.06
926.52
1 345.08
1 365.18
1 668.58

0.78
3.93
2.29
3.74
3.50
1.97
2.80
5.80
5.20
-

793.02
207.30
350.40
214.38
667.92
059.60
269.80
921.78
266.02
762.92
452.54
717.12

2
1
1
1
2
1
1
1
1
1
1
1

111.33
873.64
895.42
979.63
081.05
657.60
378.56
220.00
199.21
665.27
553.02
779.88

3.12
2.50
2.25
1.18
2.38
1.40
1.04
-

402.00
444.00
320.40
853.20
418.70
172.00
062.60
303.20
215.80
717.00
224.40
661.10

1
1
1
2
2
1
1
1
1
1
1
2

896.68
554.31
617.57
079.96
108.09
623.95
332.69
048.92
274.95
631.77
711.11
019.70

1.10
3.73
0.84
1.22
-

567.48
134.18
232.80
715.92
779.64
584.60
986.02
265.32
742.10
977.31
942.90
539.46

1
1
1
2
2
2
1

801.31
479.43
892.80
025.67
010.89
035.40
381.11
951.39
146.94
616.98
034.94
130.54

4.34
3.78
2.00
1.40
1.20

315.41
176.81
548.14
159.34
196.76
909.48
267.53
867.62
873.92
1 595.73
2 215.47
2 036.86

1.73
0.93
1.69
0.35
2.13

2005
January
February
March
April
May
June
July
August
September
October
November
December

2
3
3
3
1
1

2006
January
February
March
April
May
June
July
August
September
October
November
December

2
3
3
3
2
4
2
1

2007
January
February
March
April
May
June
July
August
September
October
November
December

1
2
2
2
1
1

2008
January
February
March
April
May
June
July
August
September
October
November
December

1
2
3
3
3
2
1

2009
January
February
March
April
May
June
July
August
September
October
November
December

1
2
3
1

1
1
2
2

2010
January
February
March
April
May
June
July
August
September
October
November
December
Source : OCIR-CAFE, OCIR-THE, SORWATHE, PFUNDA TEA COMPANY, SOPYRWA

1
1
3
3
2
1
1

99.00
170.40
115.20
318.54
467.30
949.90
683.40
859.32
786.34
892.10
297.14
543.24

2
2
2
2
2
1
1

IV. EXTERNAL TRADE

TABLE IV.1

TRADE BALANCE (2006-2010)

PERIOD

(in Millions of RWF)

EXCHANGE VOLUME

TRADE BALANCE

COVER RATE OF IMPORTS

IMPORTS

EXPORTS

2006

227 713

78 658

306 371

-149 055

35

2007

331 309

96 669

427 978

-234 640

29

2008

539 670

146 472

686 142

-393 198

27

2009

632 774

109 603

742 377

-523 172

17

2010

685 224

148 744

833 968

-536 479

22

BY THE EXPORTS

2006
January

14 651

3 505

18 156

-11 147

24

February

14 217

3 644

17 861

-10 572

26

March

15 334

3 915

19 249

-11 419

26

April

20 965

5 447

26 412

-15 518

26

May

17 339

9 379

26 718

-7 960

54

June

23 557

11 811

35 368

-11 746

50

July

18 431

8 790

27 220

-9 641

48

August

20 805

6 667

27 472

-14 138

32

September

19 278

4 236

23 514

-15 042

22

October

21 206

8 462

29 668

-12 744

40

November

21 970

5 635

27 604

-16 335

26

December

19 961

7 168

27 129

-12 793

36

2007
January

21 147

5 855

27 002

-15 292

28

February

19 402

5 596

24 998

-13 806

29

March

22 828

5 629

28 456

-17 199

25

April

22 464

4 561

27 025

-17 903

20

May

28 856

9 221

38 076

-19 635

32

June

26 511

10 739

37 250

-15 772

41

July

27 686

10 010

37 696

-17 676

36

August

30 860

8 983

39 843

-21 878

29

September

26 734

9 981

36 715

-16 753

37

October

28 543

7 607

36 150

-20 937

27

November

35 809

10 160

45 968

-25 649

28

December

40 471

8 329

48 800

-32 142

21

2008
January

26 691

9 740

36 431

-16 951

36

February

30 329

10 232

40 560

-20 097

34

March

36 011

7 273

43 284

-28 738

20

April

50 695

11 025

61 720

-39 670

22

May

41 854

13 220

55 074

-28 634

32

June

42 988

15 315

58 303

-27 674

36

July

49 045

12 850

61 895

-36 195

26

August

51 242

11 899

63 141

-39 343

23

September

55 819

13 513

69 332

-42 306

24

October

55 703

17 476

73 179

-38 227

31

November

43 693

12 717

56 410

-30 976

29

December

55 601

11 213

66 814

-44 388

20

2009
January

50 473

6 383

56 856

-44 090

13

February

54 188

8 379

62 567

-45 809

15

March

57 116

10 337

67 453

-46 779

18

April

49 284

5 948

55 232

-43 336

12

May

49 684

8 213

57 897

-41 471

17

June

54 538

9 268

63 805

-45 270

17
20

July

51 851

10 118

61 969

-41 734

August

46 323

13 151

59 474

-33 172

28

September

64 806

9 631

74 437

-55 175

15

October

47 063

9 692

56 755

-37 371

21

November

53 239

8 069

61 308

-45 170

15

December

54 210

10 415

64 624

-43 795

19

2010
January

42 700

8 719

51 419

-33 982

20

February

53 580

9 433

63 013

-44 147

18

March

61 431

9 305

70 737

-52 126

15

April

53 464

9 914

63 378

-43 551

19

May

50 549

11 110

61 659

-39 438

22

June

52 894

12 556

65 450

-40 337

24

July

47 553

14 715

62 267

-32 838

31

August

58 579

16 911

75 490

-41 668

29

September

71 900

15 453

87 353

-56 448

21

October

66 670

11 294

77 965

-55 376

17

November

61 195

13 890

75 085

-47 306

23

December

64 708

15 445

80 153

-49 264

24

Source : BNR, Statistics Departement

TABLE IV. 2

STRUCTURE OF THE MONTHLY EXPORTS OF 2010 QUARTER I


Quantity in tons
FOB in millions of RWF

MONTHS
DESIGNATION

January
Qty

February

Value

Qty

March

Value

Qty

Q. I

Value

Qty

Value

PRIMARY GOODS

1 135

2 893

1 371

3 251

1 497

2 108

4 002

8 252

Of animal origin

366

287

394

277

343

251

1 103

814

Raw skins

182

72

212

106

162

72

556

250

Bovines Cattle live

185

215

182

171

181

179

548

565

Of plant origin

439

227

619

536

853

211

1 911

973

Coffee

157

197

326

507

93

115

576

818

61

28

50

138

14

Edible plants or refrigerated


Fresh fruits (bananes,maracuja)
Other fresh fruits

63

65

Other

222

27

263

24

646

84

1 131

135

Of mineral origin

330

2 380

357

2 439

301

1 646

988

6 465

Cassiterite and tin

195

891

212

1 119

216

1 141

623

3 151

Wolfram

47

187

32

120

43

167

123

474

Coltan

55

1 059

77

1 054

23

251

156

2 363

0.003

36

0.003

36

Gold

33

243

35

111

18

87

87

441

MANUFACTURED GOODS

4 520

3 668

5 055

4 640

4 704

4 602

14 280

12 910

Of food origin

2 289

3 117

3 188

4 128

2 876

4 195

8 353

11 440

Tea

1 912

3 038

2 396

3 737

1 933

3 180

6 242

9 955

377

79

792

391

943

1 015

2 111

1 485

2 232

551

1 867

512

1 828

407

5 927

1 470

770

98

456

54

402

45

1 628

197

114

115

67

296

403

93

280

63

223

56

906

211

32

67

33

57

55

118

120

241

1 026

179

1 098

224

1 147

121

3 271

524

Artcrafts

0.206

15

Statuary and sculptural products

0.206

0.460

15

369

1 508

566

1 250

858

2 059

1 793

4 818

Other

Other

Various Industries
Cement
Phyretrium products
Mineral water
Cosmetics Products
Other

RE-EXPORTS
OTHER GOODS

1 191

640

261

289

525

529

1 976

1 458

OVERAL TOTAL

7 216

8 717

7 253

9 432

7 584

9 304

22 053

27 453

Source : BNR, Statistics Departement

TABLE IV. 2 (1)

STRUCTURE OF THE MONTHLY EXPORTS OF 2010 QUARTER II


Quantity in tons
FOB in millions of RWF

April

MONTHS
DESIGNATION

Qty

May
Value

Qty

June
Value

Qty

Q. II
Value

Qty

Value

PRIMARY GOODS

1 298

3 828

2 198

4 968

3 723

5 939

7 219

14 734

Of animal origin

361

235

456

277

639

496

1 455

1 009

Raw skins

196

117

248

122

327

290

771

529

Bovines Cattle live

165

118

208

155

311

207

684

480

Of plant origin

350

421

1 262

1 683

2 591

2 517

4 202

4 621

Coffee

306

407

1 116

1 664

1 402

2 185

2 824

4 257

Fresh fruits (bananes,maracuja)

10

13

Other

33

145

18

1 187

330

1 365

355

Of mineral origin

588

3 172

480

3 008

493

2 925

1 561

9 105

Cassiterite and tin

380

1 965

298

1 695

382

1 991

1 060

5 650

Wolfram

105

419

45

192

65

284

215

895

Coltan

71

627

117

1 010

46

650

234

2 287

Other

33

161

20

111

0.330

53

273

MANUFACTURED GOODS

3 285

3 107

3 791

4 055

3 646

3 747

10 721

10 908

Of food origin

1 651

2 469

2 670

3 667

2 113

3 276

6 433

9 412

Tea

1 651

2 469

2 670

3 667

2 113

3 276

6 433

9 412

Various Industries

1 634

638

1 121

388

1 533

471

4 288

1 497

855

114

170

23

292

39

1 317

175

286

0.5

58

87

431

138

32

260

63

231

53

629

149

27

32

32

53

28

59

88

144

612

174

658

191

981

233

2 251

597

Artcrafts

1.600

13

18

Statuary and sculptural products

13

18

536

2 170

425

1 499

1 226

2 443

2 187

6 111

Cement
Phyretrium products
Mineral water
Cosmetics Products
Other

RE-EXPORTS
OTHER GOODS

2 041

776

1 826

575

1 503

570

5 369

1 920

OVERAL TOTAL

7 161

9 883

8 240

11 109

10 098

12 700

25 499

33 692

Source : BNR, Statistics Departement

TABLE IV. 2 (2)

STRUCTURE OF THE MONTHLY EXPORTS OF 2010 QUARTER III


Quantity in tons
FOB in millions of RWF

July

MONTHS
DESIGNATION

Qty

August
Value

Qty

September

Value

Qty

Q. III

Value

Qty

Value

PRIMARY GOODS

5 989

8 713

5 229

10 969

4 097

9 863

15 315

29 545

Of animal origin

676

473

707

405

676

498

2 058

1 376

Raw skins

403

264

447

198

437

308

1 287

770

Bovines Cattle live

272

209

260

207

238

191

771

606

Of plant origin

4 863

5 668

3 992

6 295

2 864

5 323

11 720

17 286

Coffee

3 078

5 493

3 329

6 206

2 682

5 308

9 089

17 007

1 784

175

663

89

182

15

2 629

278

Of mineral origin

450

2 571

530

4 270

558

4 042

1 538

10 883

Cassiterite

329

1 933

312

2 008

427

2 509

1 067

6 449

Wolfram

104

363

95

388

77

408

275

1 158

17

276

124

1 874

54

1 125

195

3 276

0.3

0.3

Fresh fruits (bananes,maracuja)


Other

Coltan
Other

MANUFACTURED GOODS

5 232

2 690

5 376

2 952

4 521

2 412

7 369

7 551

Of food origin

1 674

2 165

1 550

2 495

1 195

1 858

4 419

6 519

Tea

1 674

2 165

1 550

2 495

1 195

1 858

4 419

6 519

Various Industries

3 559

525

3 825

457

3 326

554

2 951

1 032

376

54

818

115

451

62

1 645

231

10

19

Cement
Textiles

0.23

29

0.22

30

0.45

60

254

65

388

94

414

96

1 055

255

Cosmetics Products

74

154

37

72

39

71

150

296

Footwear

24

43

17

59

112

91

172

1 492

10

1 342

699

3 534

21

340

118

239

85

323

117

903

320

1 000

53

988

57

1 335

53

3 323

163

3.600

36

11

126

21

164

Phyretrium products
Mineral water

Wheat Flour
Beer
Other

Artcrafts
Statuary and sculptural products
RE-EXPORTS

36

11

126

21

164

867

2 720

513

2 264

622

2 581

2 002

7 565

OTHER GOODS

325

589

557

689

399

439

1 280

1 717

OVERAL TOTAL

12 419

14 714

11 677

16 911

9 649

15 421

25 986

46 541

Source : BNR, Statistics Departement

TABLE IV. 2 (3)

STRUCTURE OF THE MONTHLY EXPORTS OF 2010 QUARTER IV


Quantity in tons
FOB in millions of RWF

MONTHS
DESIGNATION

October
Qty

November

Value

Qty

December

Value

Qty

Q. IV

Value

Qty

Value

PRIMARY GOODS

3 999

7 794

3 888

9 195

5 640

10 767

13 527

27 755

Of animal origin

600

388

768

494

674

462

2 042

1 344

Raw skins

328

177

446

260

343

208

1 117

645

Bovines Cattle live

273

212

322

234

331

253

926

699

Of plant origin

2 992

4 095

2 490

2 383

4 329

4 683

9 811

11 161

Coffee

2 018

4 012

1 102

2 170

2 476

4 480

5 595

10 662

16

17

Other

959

75

1 388

213

1 853

203

4 199

491

Of mineral origin

406

3 311

630

6 317

637

5 622

1 673

15 250

Cassiterite

261

1 914

398

3 413

465

4 150

1 124

9 477

Wolfram

114

1 026

50

364

66

239

231

1 629

Coltan

20

288

116

1 996

27

584

163

2 868

Other

12

83

65

544

79

650

156

1 276

MANUFACTURED GOODS

2 459

1 902

2 980

2 982

3 577

3 370

6 662

7 884

Of food origin

1 080

1 648

1 577

2 473

1 645

2 777

4 302

6 899

Tea

1 080

1 648

1 577

2 473

1 645

2 777

4 302

6 899

Various Industries

1 379

254

1 402

509

1 932

593

2 360

986

148

20

245

35

180

26

573

81

22

31

20

63

42

94

0.17

23

Fresh fruits (bananes,maracuja)

Cement
Textiles

0.17

23

298

76

479

106

629

147

1 406

329

Cosmetics Products

32

52

37

66

36

63

105

181

Footwear

95

52

48

85

91

140

234

278

Wheat Flour

562

837

1 399

10

Beer

245

27

Phyretrium products
Mineral water

Other

526

168

114

136

885

331

45

19

25

10

70

29

Artcrafts

54

0.500

70

Statuary and sculptural products

54

70

346

737

233

813

836

872

1 415

2 422

RE-EXPORTS
OTHER GOODS

2 182

745

2 910

969

1 986

475

7 078

2 189

OVERAL TOTAL

8 990

11 232

10 011

13 966

12 040

15 492

28 688

40 320

Source : BNR, Statistics Departement

TABLE IV.3

EXPORTS OF COFFEE AND TEA : 2006 - 2010


Volume in Tons
FOB value in millions of Rwf
COFFEE

PERIOD

Quantity
2006

TEA

Value

Quantity

Value

26 533

29 799

16 522

17 715

January

444

437

1 937

1 812

February

379

270

1 442

1 571

2006

March

561

712

829

856

April

1 290

1 444

1 432

1 649

May

3 914

4 478

1 549

1 779

June

6 313

7 042

1 628

1 846

July

4 492

4 994

1 321

1 585

August

1 733

1 766

1 037

1 240

September

906

960

1 074

1 149

October

2 803

3 015

2 019

1 913

November

1 236

1 434

1 291

1 349

December

2 462

3 249

963

966

2007
January

461

442

1 304

1 345

February

451

661

1 865

1 744

March

229

252

976

951

April

294

360

1 100

1 033

May

837

1 065

3 149

2 665

June

1 382

1 663

1 771

1 604

July

3 433

4 332

1 638

1 586

August

1 052

1 390

1 324

1 191

September

1 681

4 330

1 141

1 123

October

830

1 096

1 471

1 454

November

1 574

2 021

1 597

1 571

December

1 449

1 903

1 062

1 002

2008
January

869

1 063

1 914

2 118

February

472

646

1 536

1 776

March

299

396

1 328

1 396

April

617

884

2 089

2 360

May

1 073

1 454

1 616

1 744

June

1 587

2 102

2 433

2 867

July

3 004

4 180

1 760

2 182

August

2 396

3 630

1 342

1 724

September

1 936

2 916

1 022

1 229

October

3 336

5 098

1 248

1 354

November

1 850

2 414

1 142

1 232

December

754

987

2 113

2 210

2009
January

868

1 096

1 420

1 680

February

216

294

1 420

1 812

March

474

488

2 327

2 999

April

560

766

1 286

1 686

May

985

1 187

1 843

2 543

June

1 172

1 557

2 328

3 354

July

2 149

3 109

1 547

2 477

August

3 163

4 774

1 194

1 973

September

2 088

3 136

1 237

2 164

October

1 556

2 333

968

1 539

November

1 316

1 848

1 300

2 116

December

447

609

1 819

3 073

January

157

197

1 912

3 038

February
March
April
May
June
July
August
September
October
November
December

326
93
306
1 116
1 553
3 078
3 329
2 682
2 018
1 102
2 476

507
115
437
1 664
2 413
5 493
6 206
5 308
4 012
2 170
4 480

2 396
1 933
1 651
2 670
2 248
1 674
1 550
1 195
1 076
1 577
1 645

3 737
3 180
2 469
3 667
2 904
2 165
2 495
1 858
1 648
2 473
2 777

2010

Source : BNR, Statistics Departement

TABLE. IV.4

MONTHLY EXPORTS (Q1.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

January

February

March

January-March 2010

I. Principal Exports
Coffee
- Value in USD

343 687

884 958

200 586

1 429 231

- Value in RFW

196 638 558

506 886 250

114 859 242

818 384 051

- Volume in KG

156 600

326 400

93 300

576 300

-Price USD/KG

2.19

2.71

2.15

2.48

Tea
- Value in USD

5 309 527

6 524 014

5 554 240

17 387 781

- Value in RFW

3 037 815 677

3 736 824 654

3 180 460 193

9 955 100 524

- Volume in KG

1 912 403

2 396 341

1 933 227

6 241 971

-Price USD/KG

2.78

2.72

2.87

2.79

Cassiterite
- Value in USD

1 556 763

1 953 460

1 993 012

5 503 235

- Value in RFW

890 692 865

1 118 902 764

1 141 235 667

3 150 831 296

- Volume in KG

194 811

212 200

215 737

622 748

-Price USD/KG

7.99

9.21

9.24

8.84

Coltan
- Value in USD

1 851 005

1 839 840

437 501

4 128 346

- Value in RFW

1 059 042 224

1 053 823 611

250 521 037

2 363 386 872

- Volume in KG

55 071

77 444

23 169

155 684

- Price USD/KG

33.61

23.76

18.88

26.52

Wolfram
- Value in USD

326 363

209 410

292 362

828 135

- Value in RFW

186 726 746

119 945 950

167 412 004

474 084 700

- Volume in KG

47 228

32 175

43 399

122 802

- Price USD/KG

6.91

6.51

6.74

6.74

Hides and Skin


- Value in USD

125 387

184 466

126 162

436 016

- Value in RFW

71 739 637

105 658 551

72 242 863

249 641 051

- Volume in KG

181 669

212 321

162 000

555 990

- Price USD/KG

0.69

0.87

0.78

0.78

Pyrethrum
- Value in USD

199 965

200 093

117 238

517 295

- Value in RFW

114 408 722

114 609 000

67 132 634

296 150 356

- Volume in KG

938

909

515

2 362

-Price USD/KG

213.18

220.12

227.65

219.01

9 712 697

11 796 241

8 721 102

30 230 040

5 557 064 429 6 756 650 780

4 993 863 640

17 307 578 850

2 471 347

8 277 857

Sub Total Principal Exports


- Value in USD
- Value in RFW
- Volume in KG

2 548 720

3 257 790

TABLE. IV.4

MONTHLY EXPORTS (Q1.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

January

February

March

January-March 2010

II. Other Exports


Gold
- Value in USD

62 432

62 432

- Value in RFW

35 759 552

35 759 552

- Volume in KG

- Price USD/KG

20 811

20 811

Other minerals
- Value in USD

425 291

193 134

152 297

770 721

- Value in RFW

243 327 613

110 623 118

87 208 031

441 158 762

- Volume in KG

32 944

35 427

18 472

86 843

Banana
- Value in USD

1 942

1 942

- Value in RFW

1 111 820

1 111 820

- Volume in KG

1 546

1 546

Other fruits
- Value in USD

1 362

7 310

8 672

- Value in RFW

780 000

4 186 000

4 966 000

- Volume in KG

2 000

62 500

64 500

Maize and Maize flour


- Value in USD

41 342

139 709

181 051

- Value in RFW

23 680 000

80 000 000

103 680 000

- Volume in KG

263 400

595 500

858 900

Beens
- Value in USD

6 026

8 333

10 930

25 289

- Value in RFW

3 447 600

4 773 045

6 259 000

14 479 645

- Volume in KG

60 900

27 500

50 000

138 400

Cosmetics products
- Value in USD

116 278

99 555

205 841

421 675

- Value in RFW

66 527 913

57 023 155

117 868 609

241 419 677

- Volume in KG

31 860

33 219

54 755

119 834

Sweet Potatoes
- Value in USD

32 410

7 519

39 929

- Value in RFW

18 543 228

4 305 749

22 848 977

- Volume in KG

220 926

50 650

271 576

Handscrafts
- Value in USD

14 502

1 545

10 190

26 237

- Value in RFW

8 297 508

884 771

5 834 727

15 017 006

- Volume in KG

792

206

468

1 466

Cement
- Value in USD

171 123

94 732

78 938

344 793

- Value in RFW

97 907 163

54 260 558

45 201 261

197 368 981

- Volume in KG

770 250

456 000

402 285

1 628 535

Shoes
- Value in USD

130 571

95 099

97 307

322 977

- Value in RFW

74 705 218

54 471 058

55 719 633

184 895 909

- Volume in KG

41 782

29 402

30 052

101 236

TABLE. IV.4

MONTHLY EXPORTS (Q1.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

January

February

March

January-March 2010

Mineral water & other non alcoholic beverages


- Value in USD

162 467

109 292

97 486

369 245

- Value in RFW

92 954 549

62 600 235

55 822 317

211 377 101

- Volume in KG

402 864

279 652

223 254

905 770

Cassava flour
- Value in USD

14 502

14 502

- Value in RFW

8 297 508

8 297 508

- Volume in KG

792

792

Malt Beer
- Value in USD

138 567

113 028

112 894

364 488

- Value in RFW

79 280 118

64 740 066

64 644 941

208 665 126

- Volume in KG

319 452

178 956

165 118

663 526

Wheat flour
- Value in USD

501

569 215

1 659 903

2 229 619

- Value in RFW

286 700

326 034 971

950 490 844

1 276 812 515

- Volume in KG

57 340

612 710

777 980

1 448 030

Bovines Cattle live


- Value in USD

375 779

298 666

312 600

987 045

- Value in RFW

214 999 985

171 070 000

179 000 420

565 070 405

- Volume in KG

184 590

181 815

181 200

547 605

Scrapts Iron
- Value in USD

39 404

56 155

38 642

134 202

- Value in RFW

22 544 998

32 164 462

22 127 249

76 836 709

- Volume in KG

970 500

1 050 760

1 095 710

3 116 970

Tanks
- Value in USD

16 567

21 508

48 538

86 613

- Value in RFW

9 478 656

12 319 419

27 793 481

49 591 557

- Volume in KG

6 007

5 651

16 223

27 881

Personnal effect
- Value in USD

126 868

218 453

27 668

372 989

- Value in RFW

72 586 659

125 125 765

15 843 161

213 555 585

- Volume in KG

7 821

12 070

5 255

25 146

Other
- Value in USD

1 119 355

505 381

923 219

2 547 954

- Value in RFW

640 432 560

289 472 023

528 651 973

1 458 556 555

- Volume in KG

1 190 640

260 620

525 250

1 976 510

Sub Total Other Exports


- Value in USD

2 890 211

2 489 232

3 932 932

9 312 375

- Value in RFW

1 653 617 977

1 425 782 198

2 252 069 216

5 331 469 391

- Volume in KG

4 299 460

3 429 391

4 256 218

11 985 069

TABLE. IV.4

MONTHLY EXPORTS (Q1.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

January

February

March

January-March 2010

III. Reexports
Cassiterite
- Value in USD

1 912 978

1 557 704

2 092 911

5 563 593

- Value in RFW

1 094 499 236

892 221 923

1 198 439 579

3 185 160 738

- Volume in KG

218 314

182 079

232 998

633 391

Coltan
- Value in USD

120 545

120 545

- Value in RFW

69 026 252

69 026 252

- Volume in KG

6 990

6 990

Wolfram
- Value in USD

49 448

49 448

- Value in RFW

28 322 774

28 322 774

- Volume in KG

8 278

8 278

Petroleum products
- Value in USD

11 643

11 643

- Value in RFW

6 661 252

6 661 252

- Volume in KG

29 587

29 587

Machines et engins
- Value in USD

260 423

223 839

686 550

1 170 812

- Value in RFW

148 999 491

128 210 711

393 131 074

670 341 277

- Volume in KG

59 201

172 050

197 646

428 897

Vehicules
- Value in USD

58 094

305 481

270 687

634 262

- Value in RFW

33 238 279

174 973 566

155 000 299

363 212 144

- Volume in KG

34 137

185 453

171 738

391 328

Other reexports
- Value in USD

392 339

46 428

425 877

864 645

- Value in RFW

224 474 664

26 592 968

243 865 284

494 932 917

- Volume in KG

27 871

26 526

248 448

302 845

2 635 477

2 182 901

3 596 570

8 414 948

1 507 872 922 1 250 321 942

2 059 462 489

4 817 657 353

SUB TOTAL REEXPORTS


- Value in USD
- Value in RFW
- Volume in KG

369 110

566 108

857 820

1 793 038

15 238 385

16 468 373

16 250 604

47 957 362

8 718 555 328 9 432 754 921

TOTAL GENERAL
- Value in USD
- Value in RFW
- Volume in KG
Cours de Change Moyen

9 305 395 345

27 456 705 594

7 217 290

7 253 289

7 585 385

22 055 964

572.14

572.78

572.62

TABLE. IV.4 (1)

MONTHLY EXPORTS (Q2.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

April

May

June

April-June 2010

I. Principal Exports
Coffee
- Value in USD

761 940

2 875 728

3 739 740

7 377 408

- Value in RFW

437 351 593

1 663 985 596

2 185 425 368

4 286 762 557

- Volume in KG

306 240

1 116 000

1 401 500

2 823 740

-Price USD/KG

2.49

2.58

2.67

2.61

Tea
- Value in USD

4 301 670

6 337 082

4 968 878

15 607 630

- Value in RFW

2 469 147 279

3 666 832 433

2 903 707 981

9 039 687 693

- Volume in KG

1 650 798

2 669 903

2 248 760

6 569 460

-Price USD/KG

2.61

2.37

2.21

2.38

Cassiterite
- Value in USD

3 422 857

2 929 463

3 406 254

9 758 574

- Value in RFW

1 964 710 938

1 695 078 391

1 990 543 267

5 650 332 596

- Volume in KG

379 731

298 059

382 425

1 060 215

-Price USD/KG

9.01

9.83

8.91

9.20

Coltan
- Value in USD

1 091 587

1 746 086

1 112 173

3 949 846

- Value in RFW

626 568 235

1 010 339 633

649 930 415

2 286 838 284

- Volume in KG

71 185

117 113

45 927

234 225

- Price USD/KG

15.33

14.91

24.22

16.86

Wolfram
- Value in USD

730 750

331 048

486 287

1 548 084

- Value in RFW

419 448 430

191 554 545

284 175 797

895 178 773

- Volume in KG

104 798

45 170

64 819

214 787

- Price USD/KG

6.97

7.33

7.50

7.21

Hides and Skin


- Value in USD

203 319

211 629

495 799

910 746

- Value in RFW

116 704 327

122 455 000

289 734 311

528 893 637

- Volume in KG

195 675

248 114

327 353

771 142

- Price USD/KG

1.04

0.85

1.51

1.18

Pyrethrum
- Value in USD

498 803

99 638

149 467

747 908

- Value in RFW

286 311 400

57 653 805

87 345 160

431 310 365

- Volume in KG

2 235

463

627

3 325

-Price USD/KG

223.18

215.20

238.38

224.93

Sub Total Principal Exports


- Value in USD

11 010 924

14 530 674

14 358 598

39 900 196

- Value in RFW

6 320 242 202

8 407 899 404

8 390 862 300

23 119 003 905

- Volume in KG

2 710 662

4 494 822

4 471 411

11 676 894

TABLE. IV.4 (1)

MONTHLY EXPORTS (Q2.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

April

May

June

April-June 2010

II. Other Exports


Other minerals
- Value in USD

281 242

192 058

948

474 248

- Value in RFW

161 432 320

111 130 939

553 763

273 117 022

- Volume in KG

32 591

19 874

330

52 795

Banana
- Value in USD

957

933

2 414

4 304

- Value in RFW

549 413

539 826

1 410 438

2 499 676

- Volume in KG

700

805

2 064

3 569

Other fruits
- Value in USD

11 315

11 315

- Value in RFW

6 495 000

6 495 000

- Volume in KG

9 700

9 700

Maize and Maize flour


- Value in USD

5 617

19 131

24 748

- Value in RFW

3 250 000

11 180 000

14 430 000

- Volume in KG

25 500

103 400

128 900

Beens
- Value in USD

1 045

14 259

536 415

551 719

- Value in RFW

600 000

8 250 436

313 469 723

322 320 159

- Volume in KG

5 000

72 300

1 019 500

1 096 800

Cosmetics products
- Value in USD

56 244

91 800

101 113

249 157

- Value in RFW

32 284 172

53 118 577

59 088 086

144 490 835

- Volume in KG

27 222

32 460

28 132

87 814

Sweet Potatoes
- Value in USD

9 971

11 498

9 907

31 376

- Value in RFW

5 723 364

6 652 922

5 789 401

18 165 688

- Volume in KG

25 080

47 340

64 920

137 340

Handscrafts
- Value in USD

4 554

22 773

3 992

31 319

- Value in RFW

2 614 063

13 176 942

2 332 895

18 123 900

- Volume in KG

768

1 640

1 265

3 673

Cement
- Value in USD

198 081

40 014

65 917

304 012

- Value in RFW

113 697 720

23 153 465

38 520 401

175 371 586

- Volume in KG

855 000

170 000

292 000

1 317 000

Shoes
- Value in USD

132 732

101 392

178 242

412 365

- Value in RFW

76 187 594

58 668 621

104 160 728

239 016 943

- Volume in KG

42 158

34 445

53 705

130 308

Mineral water & other non alcoholic beverages


- Value in USD

56 603

109 616

91 546

257 765

- Value in RFW

32 490 255

63 427 250

53 497 387

149 414 892

- Volume in KG

137 632

260 032

231 254

628 918

TABLE. IV.4 (1)

MONTHLY EXPORTS (Q2.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

April

May

June

April-June 2010

Cassava flour
- Value in USD

1 045

1 045

- Value in RFW

600 000

600 000

- Volume in KG

3 000

3 000

Malt Beer
- Value in USD

126 328

196 189

180 704

503 222

- Value in RFW

72 511 803

113 521 341

105 599 805

291 632 949

- Volume in KG

193 104

309 236

303 746

806 086

Wheat flour
- Value in USD

9 779

2 758

14 766

27 303

- Value in RFW

5 613 275

1 595 700

8 628 981

15 837 956

- Volume in KG

367 240

306 160

617 390

1 290 790

Bovines Cattle live


- Value in USD

205 733

267 900

353 743

827 376

- Value in RFW

118 090 000

155 015 430

206 720 000

479 825 430

- Volume in KG

165 260

207 770

311 410

684 440

Scrapts Iron
- Value in USD

109 622

87 128

85 254

282 004

- Value in RFW

62 923 000

50 415 000

49 820 400

163 158 400

- Volume in KG

1 497 100

1 343 000

1 238 900

4 079 000

Tanks
- Value in USD

33 453

29 177

24 852

87 482

- Value in RFW

19 201 674

16 882 836

14 522 860

50 607 370

- Volume in KG

9 462

8 040

6 596

24 098

Personnal effect
- Value in USD

94 225

83 416

95 487

273 129

- Value in RFW

54 084 977

48 267 248

55 800 844

158 153 069

- Volume in KG

24 830

12 962

48 656

86 448

Other
- Value in USD

1 147 878

823 006

794 156

2 765 040

- Value in RFW

658 879 183

476 216 675

464 088 181

1 599 184 038

- Volume in KG

519 899

469 572

215 129

1 204 600

- Value in USD

2 480 809

2 079 534

2 558 586

7 118 929

- Value in RFW

1 423 977 813

1 203 283 208

1 495 183 893

4 122 444 914

- Volume in KG

3 915 746

3 321 136

4 538 397

11 775 279

Sub Total Other Exports

TABLE. IV.4 (1)

MONTHLY EXPORTS (Q2.2010)

FOB VALUE IN USD AND RFW


DOCUMENT USED : - SALES DECLARATION FOR TEA, CONTRACTS SALE FOR COFFEE
- CUSTOMS DECLARATIONS FOR OTHER PRODUCTS

PRODUCT/PERIOD

April

May

June

April-June 2010

III. Reexports
Cassiterite
- Value in USD

3 455 879

2 161 305

3 149 737

8 766 921

- Value in RFW

1 983 665 793

1 250 598 227

1 840 639 785

5 074 903 804

- Volume in KG

360 545

240 205

339 496

940 246

Wolfram
- Value in USD

108 530

108 530

- Value in RFW

62 295 785

62 295 785

- Volume in KG

15 039

15 039

Petroleum products
- Value in USD

27 778

100 972

269 952

398 702

- Value in RFW

15 944 484

58 425 481

157 754 297

232 124 262

- Volume in KG

69 019

76 334

694 435

839 788

Machines et engins
- Value in USD

23 943

95 971

376 878

496 792

- Value in RFW

13 743 070

55 531 903

220 239 606

289 514 579

- Volume in KG

5 851

10 555

19 887

36 293

Vehicules
- Value in USD

113 269

8 067

258 142

379 479

- Value in RFW

65 016 267

4 667 937

150 852 874

220 537 077

- Volume in KG

52 403

1 290

61 737

115 430

Other reexports
- Value in USD

50 694

224 504

125 208

400 407

- Value in RFW

29 098 119

129 905 165

73 169 150

232 172 434

- Volume in KG

48 362

96 530

110 542

255 434

Sub Total Reexports


- Value in USD

3 780 093

2 590 820

4 179 917

10 550 830

- Value in RFW

2 169 763 518

1 499 128 713

2 442 655 711

6 111 547 942

- Volume in KG

536 180

424 914

1 226 097

2 187 191

TOTAL GENERAL
- Value in USD

17 271 826

19 201 028

21 097 101

57 569 955

- Value in RFW

9 913 983 532

11 110 311 325

12 328 701 903

33 352 996 761

- Volume in KG

7 162 588

8 240 872

10 235 905

25 639 364

574.00

578.63

584.38

Cours de Change Moyen

TABLE. IV.4 (2)

MONTHLY EXPORTS (Q3.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

July

August

September

July-Sept 2010

I. Principal Exports
Coffee
- Value in USD

9 320 040

10 537 314

9 021 532

28 878 886

- Value in RFW

5 493 095 159

6 206 134 387

5 307 831 397

17 007 060 943

- Volume in KG

3 078 000

3 329 400

2 682 000

9 089 400

-Price USD/KG

3.03

3.16

3.36

3.18

Tea
- Value in USD

3 673 548

4 237 048

3 157 991

11 068 587

- Value in RFW

2 165 135 309

2 495 483 245

1 858 008 600

6 518 627 155

- Volume in KG

1 673 523

1 550 393

1 194 727

4 418 642

-Price USD/KG

2.20

2.73

2.64

2.50

Cassiterite
- Value in USD

3 278 941

3 409 375

4 264 264

10 952 580

- Value in RFW

1 932 559 634

2 008 010 640

2 508 886 224

6 449 456 498

- Volume in KG

329 085

311 693

426 715

1 067 493

-Price USD/KG

9.96

10.94

9.99

10.26

Coltan
- Value in USD

468 788

3 182 046

1 912 602

5 563 435

- Value in RFW

276 296 922

1 874 121 105

1 125 282 010

3 275 700 037

- Volume in KG

17 161

123 639

54 390

195 190

- Price USD/KG

27.32

25.74

35.16

28.50

Wolfram
- Value in USD

615 112

658 594

693 267

1 966 973

- Value in RFW

362 538 212

387 890 347

407 884 748

1 158 313 307

- Volume in KG

104 020

94 508

76 540

275 068

- Price USD/KG

5.91

6.97

9.06

7.15

Hides and Skin


- Value in USD

448 145

336 275

522 657

1 307 077

- Value in RFW

264 130 083

198 055 212

307 505 745

769 691 040

- Volume in KG

403 144

446 758

437 314

1 287 216

- Price USD/KG

1.11

0.75

1.20

1.02

Pyrethrum
- Value in USD

50 010

51 628

101 638

- Value in RFW

29 475 187

30 375 594

59 850 781

- Volume in KG

239

228

467

-Price USD/KG

209.25

226.44

217.64

Sub Total Principal Exports


- Value in USD

17 854 584

22 360 652

19 623 941

59 839 177

- Value in RFW

10 523 230 507

13 169 694 937

11 545 774 317

35 238 699 761

- Volume in KG

5 605 172

5 856 391

4 871 914

16 333 476

TABLE. IV.4 (2)

MONTHLY EXPORTS (Q3.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

July

August

September

July-Sept 2010

II. Other Exports


Other minerals
- Value in USD

599

599

- Value in RFW

353 063

353 063

- Volume in KG

300

300

Banana
- Value in USD

802

802

- Value in RFW

472 679

472 679

- Volume in KG

706

706

Other fruits
- Value in USD

360

360

- Value in RFW

212 221

212 221

- Volume in KG

450

450

Maize and Maize flour


- Value in USD

102 033

99 273

20 453

221 759

- Value in RFW

60 136 740

58 468 300

12 033 660

130 638 700

- Volume in KG

370 150

502 450

106 819

979 419

Beens
- Value in USD

179 294

48 126

4 685

232 105

- Value in RFW

105 673 161

28 344 911

2 756 515

136 774 587

- Volume in KG

1 326 500

131 650

75 500

1 533 650

Fruit Juices and Vegetable juices


- Value in USD

52 619

52 619

- Value in Rfw

30 958 200

30 958 200

106 972

106 972

- Volume in KG

Cosmetics products
- Value in USD

261 696

121 806

119 912

503 415

- Value in RFW

154 240 005

71 739 812

70 550 596

296 530 414

- Volume in KG

73 798

37 233

39 079

150 110

Textil products
- Value in USD

16 305

15 446

31 751

- Value in RFW

9 603 325

9 087 688

18 691 013

- Volume in KG

4 250

5 000

9 250

Sweet Potatoes
- Value in USD

15 275

3 127

18 402

- Value in RFW

9 002 821

1 841 810

10 844 631

- Volume in KG

87 510

28 600

116 110

Handscrafts
- Value in USD

2 547

61 399

214 018

277 964

- Value in RFW

1 501 165

36 162 205

125 917 845

163 581 214

- Volume in KG

6 280

3 648

10 713

20 641

TABLE. IV.4 (2)

MONTHLY EXPORTS (Q3.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

July

August

September

July-Sept 2010

Cement
- Value in USD

91 495

194 614

105 579

391 687

- Value in RFW

53 925 558

114 621 358

62 117 417

230 664 333

- Volume in KG

375 750

818 000

451 000

1 644 750

Shoes
- Value in USD

72 755

29 550

190 067

292 372

- Value in RFW

42 880 711

17 403 946

111 826 184

172 110 842

- Volume in KG

23 609

8 255

59 497

91 361

Mineral water & other non alcoholic beverages


- Value in USD

110 152

159 038

163 704

432 895

- Value in RFW

64 922 017

93 668 469

96 315 695

254 906 180

- Volume in KG

253 511

387 811

414 174

1 055 496

Malt Beer
- Value in USD

199 565

144 725

199 284

543 574

- Value in RFW

117 620 576

85 238 509

117 249 027

320 108 112

- Volume in KG

340 188

239 202

323 360

902 750

Wheat flour
- Value in USD

16 272

13 144

6 591

36 008

- Value in RFW

9 590 707

7 741 665

3 878 050

21 210 422

- Volume in KG

1 491 940

1 342 440

699 200

3 533 580

Bovines Cattle live


- Value in USD

354 447

350 720

324 262

1 029 429

- Value in RFW

208 906 040

206 562 432

190 780 000

606 248 472

- Volume in KG

272 450

259 850

238 300

770 600

Scrapts Iron
- Value in USD

56 649

57 310

57 406

171 365

- Value in RFW

33 387 813

33 753 962

33 775 000

100 916 775

- Volume in KG

987 000

975 000

1 324 500

3 286 500

Tanks
- Value in USD

32 953

39 192

33 350

105 495

- Value in RFW

19 421 884

23 082 783

19 621 688

62 126 356

- Volume in KG

12 986

13 489

10 341

36 816

Personnal effect
- Value in USD

360 000

276 395

83 722

720 117

- Value in RFW

212 178 458

162 787 821

49 258 099

424 224 378

- Volume in KG

34 238

31 307

18 566

84 111

Other
- Value in USD

639 620

893 580

663 032

2 196 232

- Value in RFW

376 982 591

526 289 700

390 095 817

1 293 368 108

- Volume in KG

290 296

525 424

380 210

1 195 930

Sub Total Other Exports


- Value in USD

2 495 914

2 508 906

2 201 513

7 206 333

- Value in RFW

1 471 055 150

1 477 664 071

1 295 263 280

4 243 982 501

- Volume in KG

5 947 362

5 308 909

4 156 259

15 412 530

TABLE. IV.4 (2)

MONTHLY EXPORTS (Q3.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

July

August

September

July-Sept 2010

III. REEXPORTS
Cassiterite
- Value in USD

3 492 132

3 447 216

3 468 289

10 407 637

- Value in RFW

2 058 211 327

2 030 297 924

2 040 573 211

6 129 082 462

- Volume in KG

372 046

342 572

310 366

1 024 984

Wolfram
- Value in USD

99 456

99 456

- Value in RFW

58 514 893

58 514 893

- Volume in KG

11 808

11 808

Other Minerals
- Value in USD
- Value in RFW
- Volume in KG

Petroleum products
- Value in USD

144 859

32 987

108 867

286 713

- Value in RFW

85 377 983

19 428 275

64 052 133

168 858 391

- Volume in KG

337 900

53 393

198 124

589 417

Machines et engins
- Value in USD

190 827

17 423

90 397

298 646

- Value in RFW

112 470 532

10 261 324

53 185 048

175 916 904

- Volume in KG

90 000

5 798

11 544

107 342

Vehicules
- Value in USD

76 098

151 698

417 854

645 650

- Value in RFW

44 850 832

89 345 463

245 844 830

380 041 124

- Volume in KG

34 000

32 953

41 425

108 378

Other reexports
- Value in USD

711 548

194 733

201 418

1 107 698

- Value in RFW

419 375 858

114 691 171

118 504 559

652 571 588

- Volume in KG

33 405

78 094

60 261

171 760

Sub Total Reexports


- Value in USD

4 615 463

3 844 057

4 386 281

12 845 801

- Value in RFW

2 720 286 532

2 264 024 156

2 580 674 674

7 564 985 362

- Volume in KG

867 351

512 810

621 720

2 001 881

TOTAL GENERAL
- Value in USD

24 965 961

28 713 615

26 211 734

79 891 311

- Value in RFW

14 714 572 189

16 911 383 164

15 421 712 271

47 047 667 624

- Volume in KG

12 419 885

11 678 110

9 649 893

33 747 887

589.39

588.97

588.35

Cours de Change Moyen

TABLE. IV.4 (3)

MONTHLY EXPORTS (Q4.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

October

November

December

Oct-Dec 2010

I. Principal Exports
Coffee
- Value in USD

6 798 336

3 663 238

7 544 393

18 005 967

- Value in RFW

4 012 171 890

2 170 006 996

4 479 679 548

10 661 858 434

- Volume in KG

2 017 680

1 101 540

2 475 989

5 595 209

-Price USD/KG

3.37

3.33

3.05

3.22

Tea
- Value in USD

2 793 151

4 175 466

4 676 609

11 645 225

- Value in RFW

1 648 433 100

2 473 437 192

2 776 858 187

6 898 728 479

- Volume in KG

1 075 962

1 577 486

1 644 954

4 298 402

-Price USD/KG

2.60

2.65

2.84

2.71

Cassiterite
- Value in USD

3 242 508

5 762 249

6 988 714

15 993 471

- Value in RFW

1 913 630 189

3 413 406 133

4 149 731 077

9 476 767 399

- Volume in KG

260 559

398 417

464 771

1 123 747

-Price USD/KG

12.44

14.46

15.04

14.23

Coltan
- Value in USD

488 546

3 369 231

983 367

4 841 145

- Value in RFW

288 325 280

1 995 844 983

583 899 941

2 868 070 204

- Volume in KG

20 080

116 358

27 186

163 624

- Price USD/KG

24.33

28.96

36.17

29.59

Wolfram
- Value in USD

1 738 770

614 660

402 886

2 756 316

- Value in RFW

1 026 169 115

364 108 632

239 224 113

1 629 501 860

- Volume in KG

114 067

50 420

66 280

230 767

- Price USD/KG

15.24

12.19

6.08

11.94

Hides and Skin


- Value in USD

299 501

439 581

350 904

1 089 986

- Value in RFW

176 756 257

260 396 530

208 358 319

645 511 106

- Volume in KG

327 598

445 927

342 999

1 116 524

- Price USD/KG

0.91

0.99

1.02

0.98

Pyrethrum
- Value in USD

39 707

39 707

- Value in RFW

23 433 626

23 433 626

- Volume in KG

174

174

-Price USD/KG

228.20

228.20

Sub Total Principal Exports


- Value in USD

15 400 519

18 024 425

20 946 873

54 371 816

- Value in RFW

9 088 919 458

10 677 200 465

12 437 751 185

32 203 871 108

- Volume in KG

3 816 120

3 690 148

5 022 179

12 528 447

TABLE. IV.4 (3)

MONTHLY EXPORTS (Q4.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

October

November

December

Oct-Dec 2010

II. Other Exports


Other minerals
- Value in USD

140 273

919 022

1 094 103

2 153 398

- Value in RFW

82 784 839

544 404 490

649 652 358

1 276 841 687

- Volume in KG

11 635

65 173

79 050

155 858

Banana
- Value in USD

5 503

966

6 469

- Value in RFW

3 247 492

572 430

3 819 923

- Volume in KG

4 562

776

5 338

Other fruits
- Value in USD

8 053

8 053

- Value in RFW

4 752 824

4 752 824

- Volume in KG

11 480

11 480

Maize and Maize flour


- Value in USD

80 502

63 664

56 586

200 753

- Value in RFW

47 510 003

37 713 000

33 599 661

118 822 664

- Volume in KG

702 050

800 685

393 210

1 895 945

Beens
- Value in USD

46 136

282 772

229 716

558 624

- Value in RFW

27 227 788

167 506 933

136 399 960

331 134 681

- Volume in KG

244 614

526 478

1 113 613

1 884 705

Fruit Juices and Vegetable juices


- Value in USD

32 491

16 053

48 544

- Value in Rfw

19 247 069

9 531 712

28 778 781

45 150

24 808

69 958

- Volume in KG

Cosmetics products
- Value in USD

88 916

110 961

106 766

306 643

- Value in RFW

52 475 441

65 730 348

63 395 383

181 601 172

- Volume in KG

31 841

37 461

36 129

105 431

Textil products
- Value in USD

52 013

106 261

158 273

- Value in RFW

30 811 090

63 094 943

93 906 034

- Volume in KG

22 000

20 408

42 408

Sweet Potatoes
- Value in USD

1 022

9 304

55 933

66 260

- Value in RFW

603 400

5 511 701

33 211 563

39 326 664

- Volume in KG

12 600

57 100

347 480

417 180

Handscrafts
- Value in USD

91 993

11 662

14 453

118 108

- Value in RFW

54 291 407

6 908 423

8 581 987

69 781 817

- Volume in KG

5 037

513

632

6 182

Cement
- Value in USD

34 256

58 759

43 181

136 196

- Value in RFW

20 216 879

34 807 230

25 640 130

80 664 239

- Volume in KG

148 000

245 000

180 000

573 000

TABLE. IV.4 (3)

MONTHLY EXPORTS (Q4.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

October

November

December

Oct-Dec 2010

Shoes
- Value in USD

87 845

144 054

236 603

468 502

- Value in RFW

51 843 456

85 334 040

140 489 186

277 666 682

- Volume in KG

95 315

47 504

91 293

234 112

Mineral water & other non alcoholic beverages


- Value in USD

128 903

178 153

247 914

554 970

- Value in RFW

76 074 883

105 532 986

147 205 396

328 813 265

- Volume in KG

297 569

478 827

629 205

1 405 601

Cassava flour
- Value in USD

3 064

3 064

- Value in RFW

1 815 000

1 815 000

- Volume in KG

3 500

3 500

Malt Beer
- Value in USD

149 475

152 196

148 853

450 525

- Value in RFW

88 215 693

90 157 097

88 385 570

266 758 360

- Volume in KG

238 808

242 684

239 044

720 536

Wheat flour
- Value in USD

4 760

12 706

17 466

- Value in RFW

2 809 350

7 544 450

10 353 800

- Volume in KG

561 870

836 890

1 398 760

Bovines Cattle live


- Value in USD

358 404

394 779

426 775

1 179 958

- Value in RFW

211 519 014

233 857 000

253 408 500

698 784 514

- Volume in KG

272 740

321 940

331 325

926 005

Scrapts Iron
- Value in USD

54 890

66 868

57 614

179 373

- Value in RFW

32 394 708

39 611 098

34 210 000

106 215 805

- Volume in KG

1 136 000

1 317 800

1 482 000

3 935 800

Tanks
- Value in USD

31 236

17 109

20 596

68 941

- Value in RFW

18 434 268

10 134 899

12 229 604

40 798 770

- Volume in KG

8 473

4 902

5 608

18 983

Personnal effect
- Value in USD

222 963

1 277

58 855

283 095

- Value in RFW

131 586 153

756 200

34 946 661

167 289 013

- Volume in KG

33 241

363

8 377

41 981

Other
- Value in USD

953 025

1 551 061

662 727

3 166 813

- Value in RFW

562 446 191

918 808 359

393 511 565

1 874 766 115

- Volume in KG

1 004 251

1 767 011

490 087

3 261 349

- Value in USD

2 488 155

4 050 177

3 595 697

33 824 285

- Value in RFW

1 468 433 789

2 399 219 392

2 135 038 629

19 731 547 111

- Volume in KG

4 820 086

5 984 867

6 309 159

56 393 962

Sub Total Other Exports

TABLE. IV.4 (3)

MONTHLY EXPORTS (Q4.2010)


FOB Value in USD and RFW
Document used : - Sales declaration for tea, Contracts sale for coffee
- Customs declarations for other products

PRODUCT/PERIOD

October

November

December

Oct-Dec 2010

III. Reexport
Cassiterite
- Value in USD

55 752

55 752

- Value in RFW

33 104 345

33 104 345

- Volume in KG

4 000

4 000

Petroleum products
- Value in USD

216 917

99 179

523 841

839 937

- Value in RFW

128 017 593

58 750 988

311 044 393

497 812 975

- Volume in KG

238 617

115 330

630 821

984 768

Machines et engins
- Value in USD

28 715

312 050

215 856

556 622

- Value in RFW

16 946 937

184 850 542

128 170 303

329 967 783

- Volume in KG

6 778

9 386

12 312

28 476

Vehicules
- Value in USD

825 838

800 649

527 572

2 154 059

- Value in RFW

487 384 382

474 283 783

313 259 418

1 274 927 583

- Volume in KG

69 968

69 345

51 280

190 593

Other reexports
- Value in USD

177 384

161 218

145 661

484 263

- Value in RFW

104 686 583

95 501 541

86 490 032

286 678 156

- Volume in KG

30 593

39 409

137 729

207 731

Sub Total Reexports


- Value in USD

1 248 854

1 373 097

1 468 683

4 090 633

- Value in RFW

737 035 496

813 386 854

872 068 493

2 422 490 842

- Volume in KG

345 956

233 470

836 142

1 415 568

TOTAL GENERAL
- Value in USD

19 137 527

23 447 699

26 011 252

92 286 734

- Value in RFW

11 294 388 742

13 889 806 712

15 444 858 306

54 357 909 061

- Volume in KG

8 982 162

9 908 485

12 167 480

70 337 977

590.17

592.37

593.78

Cours de Change Moyen

TABLE IV.5

IMPORTS BY ECONOMIC CATEGORIES


Q = Quantity in Tons
V = CIF Value in Rwf million
CONSUMER GOODS
Q

CAPITAL GOODS
Q

INTERMEDIARY GOODS
Q

TOTAL

ENERGY AND LUBRICANT


Q

2010
January

34 779

15 292

2 790

14 104

32 170

13 055

12 739

7 390

82 478

49 841

February

47 052

23 585

3 451

15 852

28 265

12 935

16 544

10 041

95 312

62 413

March

40 694

22 134

3 902

19 283

37 844

19 573

17 079

10 065

99 518

71 056

April

34 991

20 099

2 936

15 237

37 790

19 687

15 516

9 572

91 233

64 595

May

33 925

17 024

2 866

16 365

32 543

18 015

15 496

9 833

84 831

61 237

June

39 962

18 131

3 236

15 397

31 027

19 376

18 552

11 910

92 777

64 814

July

35 062

16 060

3 030

15 723

33 024

16 036

13 549

8 547

84 665

56 366

August

40 950

20 123

3 616

18 974

38 692

19 761

18 236

11 639

101 493

70 497

September

40 656

26 940

4 697

20 761

57 163

24 724

16 364

10 248

118 879

82 673

October

40 171

25 914

4 311

20 850

54 468

20 813

15 418

9 855

114 368

77 432

November

39 286

25 004

4 313

17 393

49 673

19 867

18 425

12 011

111 697

74 274

December

40 995

25 929

3 934

18 714

48 946

19 125

17 812

12 101

111 686

75 868

468 523

256 234

208 653

481 605

222 969

195 729

123 211

1 188 939

811 067

TOTAL
Source: BNR, Statistics Department

43 082

TABLE IV.6

IMPORTS OF THE MAIN OIL PRODUCTS 2010


Q = Quantity in Tons
V = CIF Value in Rwf million

KEROSENE

PERIOD
Q

MOTOR SPIRIT
Q

ILLUMINATING KEROSENE
Q

GAS OIL
Q

FUEL OILS

LUBRICATING OILS PETROLEUM GASES

TOTAL
Q

2010
January
February

37

2 516

754

393

5 885

3 343

1 778

846

149

116

37

30

12 595

7 259

4 106

2 706

1 121

613

6 704

3 928

3 567

1 909

301

328

76

60

15 874

9 543

28

12

4 551

2 936

1 306

684

6 917

3 971

3 328

1 708

289

250

75

64

16 495

9 624

April

48

23

4 291

2 965

1 243

661

6 380

3 873

3 003

1 446

236

178

36

29

15 237

9 175

May

74

40

4 796

3 410

889

486

6 554

4 214

2 248

1 086

76

38

51

44

14 688

9 319

July

October
November
December
TOTAL
Source: BNR, Statistics Department

26

August
September

3 955

March

June

15

52
-

155

5 341

3 798

1 048

587

8 579

5 516

2 835

1 393

213

155

36

30

18 052

11 479

15

3 957

2 667

919

514

6 223

3 864

1 918

876

188

155

86

71

13 316

8 163

29

5 120

3 451

964

532

9 857

6 121

1 562

654

174

152

56

48

17 786

10 988

4 601

3 046

1 247

704

9 020

5 529

760

272

137

187

74

66

15 840

9 804

88

4 749

3 144

894

505

8 132

4 985

976

356

161

144

47

38

14 958

9 173

5 117

3 639

1 130

645

9 511

6 229

1 584

590

193

177

65

56

17 756

11 425

17 325

26

15

5 265

3 838

785

747

9 379

6 275

1 531

783

247

194

92

97

446

237

55 851

38 116

12 300

7 072

93 141

57 849

25 090

11 919

2 363

2 074

729

633

189 921

11 950
117 899

TABLE IV.7(1)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf
January
Net weight

February
Value cif

Net weight

March
Value cif

Net weight

Value cif

01

Live animals

2 777

10 585 894

103 870

133 247 747

5 460

02

Meat and edible meat offal

1 451

7 205 300

1 677

3 478 730

269

143 242

03

Fish and crustaceans,molluscs and other aquatic invertebrates

300 671

91 771 457

443 669

269 930 545

401 443

132 087 014

04

Dairy produce, birds' eggs, natural honey, edible products of animal origin, not
elsewhere specified or included

112 753

67 499 896

207 626

155 769 159

161 402

89 290 671

05

Products of animal origin, not elsewhere specified or included

06

Live trees and other plants, bulbs, roots and the like, cut flowers and ornamental
foliage

07

Edible vegetables and certain roots and tubers

08

Edible fruit and nuts, peel of citrus fruit melons

09

Coffee, tea, malt and spices

10

Cereals

11
12
13

Lac, gums, resins and other vegetable saps and extracts

14

Vegetable plaiting materials, vegetable products not elsewhere specified or included

15

Animal or vegetable fats and oils and their cleavage products, prepared edible fats,
animal or vegetable waxes

12 313 071

9 170

810 904

17 705

2 100 654

26 135

2 399 055

18 208

37 380 787

1 477

1 556 010

18 061

38 163 927

2 184 465

419 294 158

4 328 458

660 415 331

1 365 342

73 521 249

526 627

29 421 979

284 953

33 484 874

451 648

29 447 555

63 288

42 564 954

27 919

16 514 402

38 234

38 570 323

18 305 740

2 947 568 933

22 557 658

3 183 345 572

24 712 360

3 166 555 495

Products of the milling industry, malt, starches, inulin, wheat gluten

2 182 413

1 025 445 323

4 486 356

1 439 811 753

2 875 213

1 162 201 003

Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit, industrial or
medicinal plants straw and fodder

1 234 654

347 495 382

850 023

463 917 260

377 265

83 816 756

9 686

5 024

287 207

40

184 704

3 703 037

1 966 287 208

3 582 985

1 937 373 285

3 776 450

2 289 297 388

16

Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrate

17

Sugars and sugar confectionery

18

Cocoa and cocoa preparations

12 086

13 278 608

12 222

15 127 249

10 517

25 412 817

19

Preparations of cereals, flour, starch or milk, pastrycook' products

253 492

112 103 359

1 123 889

496 103 573

282 475

177 809 679

20

Preparations of vegetables, fruits, nuts or other parts of plants

667 920

205 574 275

1 014 024

281 449 278

225 015

89 044 439

21

Miscellaneous edible preparations

372 800

318 463 489

213 223

160 229 150

378 595

315 164 163

22

Beverages, spirits and vinegar

146 832

95 055 173

206 791

139 085 101

188 588

136 645 952

23

Residues and waste from the food industries, prepared animal fodder

234 806

17 528 117

116 063

8 856 411

143 070

11 976 444

24

Tobacco and manufactured tobacco substitutes

95 916

228 153 090

36 100

107 182 217

80 617

228 563 967

25

Salt, sulfur, earths and stone, plastering materials, lime and cement

16 271 367

2 157 541 529

13 980 319

1 806 326 039

16 421 342

2 230 248 088

26

Ores, slag and ash

208

101 276

564 377

100

592 617

27

Mineral fuels, mineral oils and products of their distillation, bituminous, mineral waxe

12 863 553

6 147 800 501

16 270 030

8 234 167 082

17 709 889

8 308 973 098

28

Inorganic chemical, organic or inorganic compounds of precious metal, of rare-earth


metal, of radioactive elements or of isotopes

213 760

58 284 738

322 059

151 867 716

230 092

101 883 527

29

Organic chemicals

105 329

98 555 880

100 337

228 551 670

78 584

108 128 696

30

Pharmaceutical products

186 876

1 282 089 435

238 396

2 564 069 861

374 588

3 499 442 725

63 543 590

19 611 302 132

74 750 722

24 821 690 616

72 613 203

23 805 728 447

SUB-TOTAL
Source: BNR, Statistics Department

47 512

15 151 446

61 774

18 147 015

46 024

24 927 848

3 425 875

1 868 279 353

4 156 086

2 308 731 349

2 234 385

1 428 922 934

TABLE IV.7(2)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

January
Net Weight

February
Value Cif

Net Weight

March

Value Cif

Net Weight

Value Cif

31

Fertilisers

303 690

146 382 982

233 178

102 773 105

2 957 496

977 580 116

32

Tanning or dyeing extracts, tannins and their derivatives, dyes, pigments and other
colouring matter paints and varnishes, putty and other mastic, inks

314 004

280 816 127

277 617

443 752 368

315 478

259 522 868

33

Essential oils and resinoids, perfumery, cosmetic or toilet preparations

291 921

330 607 410

352 393

456 716 137

313 492

961 068 398

34

Soap, organic surface-active agents, washing preparations, lubricating preparations,


artifical waxes, prepared waxes

924 051

452 795 308

1 679 930

777 186 497

1 957 171

899 770 797

35

Albuminoidal substances, modified starches, glue, enzymes

36 195

56 744 076

57 342

242 694 223

24 488

44 560 265

36

Explosives, pyrotechnic products, matches, pyrophoric alloys, certain combustible prepar

61

78 047

153 975

150 580 008

65 020

152 207 298

37

Photographic or cinematographic goods

38

Miscellaneous chemical products

39
40
41

Raw hides and skins (other than furskins) and leather

42

Articles of leather, saddlery and harness, travel goods, handbags and similar containers

43

Furskins and artificial fur, manufactures thereof

44

Wood and articles of wood charcoal

45

Cork and articles of cork

46

Manufactures of straw, of esparto or of other plaiting materials, basketware and wickerw

47

Pulp of wood or of other fibrous cellulosic material, recovered (waste and scrap) paper
or paperboard

48

Paper and paperboard, articles of paper pulp, of paper or of paperboard

49

Printed books, newspapers, pictures and other products of the printing


industry,manuscripts, typescripts and plans

50

Silk

51

Wool, fine or coarse animal hair, horsehair yarn and woven fabric

52

Cotton

8 252

57 440 555

9 849

27 478 256

5 123

18 921 824

89 193

468 844 342

235 921

867 165 153

168 565

658 032 893

Plastics and articles thereof

625 255

997 820 232

1 151 593

1 499 441 853

1 462 795

2 082 769 221

Rubber and articles thereof

189 033

444 839 848

217 562

505 817 316

338 742

818 591 449

100

12 108

600

81 609

53 276

55 060 520

43 374

37 100 693

976 340 057

53

Other vegetable textile fibres, paper yarn and woven fabrics of paper yarn

54

Man-made filaments

93 373

83 388 677

120

18 162

61

650 904

623 682

288 567 575

623 540

351 259 087

1 585 894

544

794 929

2 830

1 723 539

20

10 120

14 387

1 987 315

18 044

2 627 048

3 893

1 684 664

23 013

26 052 989

27 819

27 873 083

1 396 439

1 288 518 216

1 309 963

1 058 537 569

1 199 296

1 181 224 294

98 106

392 205 195

80 984

273 987 293

113 425

577 142 219

660

1 007 311

665

1 263 076

2 227

2 072 823

13 597

52 729

126 155 843

78 689

155 321 598

110

182 417

59 044

115 630 667

450

746 472

70

9 064

37

120 708

5 536

3 628 441

45 605

54 442 136

19 060

15 369 270

55

Man-made staple fibres

171 450

263 450 000

108 148

372 506 584

193 628

291 851 833

56

Wadding, felt and nonwovens, special yarns, twine, cordage, ropes and cables and article

26 833

10 439 836

53 325

38 119 298

32 355

50 106 163

57

Carpets and other textile floor coverings

13 634

26 394 463

9 208

27 493 781

11 259

8 911 057

58

Special woven fabrics, tufted textile fabrics, lace, tapestries, trimmings, embroidery

5 400

13 791 926

10 985

26 281 904

20 074

29 098 445

59

Impregnated, coated, covered or laminated textile fabrics, textile articles of a kind


suitable for industrial use

4 864

6 650 582

10 564

16 427 517

18 279

23 154 932

60

Knitted or crocheted fabrics

61

Articles of apparel and clothing accessories, knitted or crocheted

62

Articles of apparel and clothing accessories, not knitted or crocheted

63

Other made up textile articles, sets, worn clothing and worn textile articles, rags

64

Footwear, gaiters and the like,parts of such articles

65

Headgear and parts thereof

SUB-TOTAL
Source: BNR, Statistics Department

806

3 156 784

3 565

14 961 656

5 782

8 414 147

43 665

257 636 191

67 269

232 571 742

61 704

212 259 628

29 108

114 194 362

83 987

879 113 667

79 477

153 514 327

753 233

693 079 516

1 453 605

4 162 220 955

2 239 270

5 929 909 398

319 038

303 322 117

327 376

375 249 778

317 102

374 042 209

2 618

27 735 126

9 802

286 452 567

5 052

14 129 257

6 438 333

7 143 251 562

8 744 034

13 485 951 295

13 647 151

16 903 249 151

TABLE IV.7(3)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

January
Net weight
66

Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof

67

Prepared feathers and down and articles made of feathers or of down, artifical flowers,
articles of humain hair

68

Articles of stone, plaster, cement, asbestos, mica or similar materials

69

Ceramic products

70

Glass and glassware

71
72

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad
with precious metal and articles thereof, imitation jewellery, coin
Iron and steel

73

Articles of iron or steel

74

Copper and articles thereof

75

Nikel and articles thereof

76

Aluminum and articles thereof

77

Rserved for possible future use in the Harmonized System

78

Lead and articles thereof

79

Zinc and articles thereof

80

Tin and articles thereof

81

Other base metals, cermets, articles thereof

February
Value cif

Net weight

March

Value cif

Net weight

Value cif

43 548

47 495 035

28 132

25 374 854

32 552

23 914 756

6 545

7 998 045

6 608

11 023 839

7 461

9 939 453

110 179

65 153 999

55 371

63 032 115

85 711

44 217 368

1 153 041

436 703 118

954 689

380 864 196

1 561 043

564 860 632

390 094

160 203 227

251 815

152 058 041

532 703

361 260 845

2 128

3 850 696

1 303

1 129 815

1 683

4 334 493

5 865 916

3 552 983 384

3 518 046

1 883 141 453

4 508 427

2 298 866 401

1 660 010

1 294 733 983

2 399 285

2 210 348 730

1 971 443

3 648 451 673

6 722

5 327 805

16 182

49 896 665

20 763

128 114 597

3 375

3 799 237

115 900

1 189 510 242

202 003

663 237 723

247 369

603 344 033

1 187

1 309 791

4 196

8 034 959

607

643 523

8 987

18

74 287

459 665 869

82

Tools, implements, cutlery, spoons and forks, of base metal, parts thereof of base metal

393 638

329 081 566

522 923

847 882 111

560 726

83

Miscellaneous articles of base metal

284 082

441 555 425

250 248

524 129 376

149 749

171 072 434

84

Nuclear reactors, boilers, machinery and mechanical appliances, parts thereof

639 507

6 165 542 849

718 995

3 752 583 020

983 551

8 404 866 995

85

Electrical machine and equipement and parts thereof, sound recorders and reproducers,
television image and sound recorders and reproducers, and parts accessorties of such articles

483 128

4 237 019 128

1 238 320

5 453 531 885

1 222 403

6 641 434 290

86

Railway or tramway locomotives, rolling-stock and parts thereof, railway or tramway track
fixtures and fittings and parts thereof, mechanical traffic signalling equipment of all kinds

23 942

12 764 702

8 311

6 663 876

19 600

9 641 109

87

Vehicules other than railway rollings-stock, and parts and accessories thereof

636 344

2 617 208 155

924 011

4 360 098 692

776 621

3 981 247 620

88

Aircraft, spacecraft, and parts thereof

2 584

154 456 912

15 054

498 944 800

1 409

206 078 502

89

Ships, boats and floating structures

112

3 728 869

19 838

199 649 798

90
91

Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical


instruments and apparatus, parts and accessories thereof
Clocks and watches and parts thereof

92

Musical instruments, parts and accessories of such articles

93

Arms and ammunition, parts and accessories thereof

94

Furniture, bedding, mattress supports, cushions and similar stuffed furnishings, lamps and
lighting fittings, not elsewhere specified or included, illuminated signs, illuminated nameplates and the likee, prefabricated buildings

86 376

1 012 730 337

95 161

2 200 582 916

61 231

1 811 811 169

1 599

2 726 026

916

1 465 485

3 111

5 791 122

1 022

3 268 234

934

4 491 946

1 461

7 527 845

36

1 811 182

27

734 633

479 442

1 065 660 126

433 953

802 383 902

356 885

530 980 070

95

Toys, games and sports requisites, parts and accessories thereof

14 304

95 760 169

27 204

12 628 896

15 481

22 519 297

96

Miscellaneous manufactured articles

90 309

176 246 304

142 936

187 500 573

111 773

194 241 096

97

Works of art, collectors' pieces and antiques,

1 292

1 066 869

989

335 668

3 743

12 278 726

SUB-TOTAL

12 496 252

23 085 975 534

11 817 724

24 105 829 039

13 257 362

30 346 828 003

TOTAL

82 478 175

49 840 529 227

95 312 480

62 413 470 950

99 517 716

71 055 805 601

Source: BNR, Statistics Department

TABLE IV.7(4)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

April
Net weight
01

Live animals

02

Meat and edible meat offal

03

May
Value cif

Net weight

June
Value cif

Net weight

Value cif

3 356

22 050 083

55 951

101 382 973

89 150

510

61 448

2 676

2 470 889

866

5 685 453

Fish and crustaceans,molluscs and other aquatic invertebrates

388 627

118 161 762

355 258

107 237 015

522 789

159 951 994

04

Dairy produce, birds' eggs, natural honey, edible products of animal origin, not elsewhere specified or
included

211 800

131 973 696

231 373

117 235 758

262 552

164 870 305

05

Products of animal origin, not elsewhere specified or included

10 466

2 062 980

26 098

2 891 402

10 634

1 303 396

06

Live trees and other plants, bulbs, roots and the like, cut flowers and ornamental foliage

1 190

1 240 251

34 057

6 393 729

36 878

22 387 333

07

Edible vegetables and certain roots and tubers

1 436 995

72 138 263

1 499 946

101 707 250

1 943 152

136 762 754

08

Edible fruit and nuts, peel of citrus fruit melons

321 872

31 602 247

534 108

43 165 466

703 664

64 456 797

09

Coffee, tea, malt and spices

22 596

13 091 827

19 048

7 220 701

33 109

19 404 828

10

Cereals

20 331 289

2 863 998 100

19 040 964

2 540 455 471

17 414 846

1 868 906 263

11

Products of the milling industry, malt, starches, inulin, wheat gluten

1 985 476

596 409 574

1 613 349

699 020 379

2 885 448

1 015 441 538

12

Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit, industrial or medicinal plants straw and
fodder

946 333

214 679 698

635 707

147 877 138

506 984

218 430 771

13

Lac gums, resins and other vegetable saps and extracts

214

3 683 647

14

Vegetable plaiting materials, vegetable products not elsewhere specified or included

15

Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes

16

Preparations of meat,of fish or of crustaceans, molluscs or other aquatic invertebrates

17

Sugars and sugar confectionery

18

Cocoa and cocoa preparations

8 173

10 080 467

10 582

38 512 911

23 247

42 836 741

19

Preparations of cereals, flour, starch or milk pastrycook' products

221 137

126 002 143

258 406

230 101 357

353 286

169 968 872

20

Preparations of vegetables, fruits, nuts or other parts of plants

207 318

81 045 417

325 713

117 136 096

388 415

132 031 437

21

Miscellaneous edible preparations

338 432

323 971 612

255 646

290 189 743

318 334

269 173 715

22

Beverages, spirits and vinegar

146 636

100 441 095

190 939

204 182 425

268 558

234 881 755

23

Residues and waste from the food industries, prepared animal fodder

206 643

18 478 042

214 101

20 691 811

111 529

9 244 087

24

Tobacco and manufactured tobacco substitutes

39 964

103 523 186

63 317

195 707 286

47 993

139 516 307

25

Salt, sulfur, earths and stone, plastering materials, lime and cement

17 082 120

2 126 021 025

14 808 010

1 949 438 861

15 082 878

1 980 212 339

26

Ores, slag and ash

10

279 708

155

115 514

1 730

352 794

27

Mineral fuels, mineral oils and products of their distillation; bituminous; mineral waxes

16 134 053

9 687 766 596

16 531 051

10 212 992 228

18 891 933

11 922 048 750

28

Inorganic chemical, organic or inorganic compounds of precious metal, of rare-earth metal, of radioactive
elements or of isotopes

528 235

212 281 892

319 547

152 725 231

361 426

174 244 776

29

Organic chemicals

124 425

211 196 968

130 112

202 035 197

185 389

270 554 919

30

Pharmaceutical products

311 525

3 237 431 965

204 640

2 824 047 056

211 504

1 793 867 894

68 943 539

24 749 940 126

64 621 630

24 598 748 819

70 115 876

26 702 265 445

SUB-TOTAL
Source: BNR, Statistics Department

54 854 690

200

36 324

100

41 786

30

17 364

3 134 952

1 792 277 323

3 801 301

2 260 521 385

4 353 171

2 743 646 645

107 120

25 026 396

89 096

32 348 079

3 541

5 463 352

4 691 872

2 622 926 391

3 370 379

1 990 903 680

5 102 840

3 081 747 574

TABLE IV.7(5)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

April
Net weight
31

Fertilisers

32

Tanning or dyeing extracts,tannins and their derivatives, dyes, pigments and other colouring matter paints and
varnishes, putty and other mastic, inks

33

Essential oils and resinoids, perfumery, cosmetic or toilet preparations

34

Soap, organic surface-active agents, washing preparations, lubricating preparations, artifical waxes, prepared
waxes

35
36
37

Photographic or cinematographic goods

38

Miscellaneous chemical products

39

Plastics and articles thereof

40

Rubber and articles thereof

41

Raw hides and skins (other than furskins) and leather

42

Articles of leather, saddlery and harness, travel goods, handbags and similar containers

43

Furskins and artificial fur, manufactures thereof

44

Wood and articles of wood charcoal

45

Cork and articles of cork

46

Manufactures of straw, of esparto or of other plaiting materials, basketware and wickerwork

47

Pulp of wood or of other fibrous cellulosic material, recovered (waste and scrap) paper or paperboard

48

May
Value cif

Net weight

June
Value cif

Net weight

Value cif

99 430

38 752 435

21 435

16 885 772

8 715

7 994 320

233 416

160 764 892

270 867

313 887 140

442 376

277 094 500

330 489

445 802 296

364 186

1 060 525 592

390 050

515 299 367

2 089 268

928 392 887

1 568 641

803 742 765

1 607 143

733 885 122

Albuminoidal substances, modified starches, glues, enzymes

25 266

49 793 560

23 242

34 705 900

49 848

68 272 896

Explosives, pyrotechnic products, matches, pyrophoric alloys, certain combustible preparations

29 385

33 514 026

40 137

107 872 935

47 809

39 367 985

5 030

15 452 722

4 919

20 143 222

7 543

39 742 086

225 961

1 003 625 581

201 186

572 029 080

151 496

417 973 688

1 098 623

1 669 567 930

1 702 432

3 541 986 572

2 575 924

5 222 538 023

226 598

664 816 807

273 903

659 307 162

410 040

1 026 778 709

3 643

11 143 230

25

36 324

500

60 541

35 686

23 499 554

60 528

68 655 193

53 260

54 209 863

746 770

369 612 679

675 260

357 814 833

1 108 464

666 538 019

1 505

1 558 486

1 386

1 273 162

799

800 486

300

325 340

11 172

1 880 869

5 174

945 461

6 648

2 474 656

600

98 078

Paper and paperboard, articles of paper pulp, of paper or of paperboard

904 858

925 015 130

988 829

924 312 275

985 383

1 028 314 481

49

Printed books, newspapers, pictures and other products of the printing industry, manuscripts, typescripts and plans

208 022

1 065 810 286

114 220

568 748 027

246 379

1 086 240 894

50

Silk

15 140

6 115 311

51

Wool, fine or coarse animal hair, horsehair yarn and woven fabric

52

Cotton

53

Other vegetable textile fibres, paper yarn and woven fabrics of paper yarn

54

Man-made filaments

55

Man-made staple fibres

56

Wadding, felt and nonwovens, special yarns, twine, cordage, ropes and cables and articles thereof

57

Carpets and other textile floor coverings

58

25

55 873

10 660

283 052

87

17 882

74 996

165 995 189

65 397

110 793 510

25 685

87 381 597

26

22 299

245

239 899

26 246

11 348

9 259 229

106 512

15 830 387

23 544

19 627 502

116 819

211 940 688

78 262

99 465 404

138 067

227 861 104

13 749

24 403 231

35 794

17 461 585

32 133

35 464 413

9 697

5 455 433

8 724

8 327 117

20 380

26 534 068

Special woven fabrics, tufted textile fabrics, lace, tapestries, trimmings, embroidery

17 392

25 907 451

13 720

39 976 969

18 895

34 451 218

59

Impregnated, coated, covered or laminated textile fabrics, textile articles of a kind suitable for industrial use

21 374

26 265 740

6 110

12 965 252

17 524

19 547 544

60

Knitted or crocheted fabrics

61

Articles of apparel and clothing accessories, knitted or crocheted

62

Articles of apparel and clothing accessories, not knitted or crocheted

63

Other made up textile articles, sets, worn clothing and worn textile articles, rags

64

Footwear, gaiters and the like, parts of such articles

65

Headgear and parts thereof

SUB-TOTAL
Source: BNR, Statistics Department

1 745

2 475 718

4 876

23 288 611

3 188

14 913 264

39 844

130 565 566

81 998

387 154 631

68 411

221 959 431


234 870 195

50 814

169 861 328

64 922

224 686 922

85 400

1 935 074

3 149 731 934

1 153 313

951 288 386

1 374 208

911 315 439

259 455

271 074 880

309 439

361 379 205

432 954

473 352 943

2 977
8 834 725

8 359 269
11 614 936 977

4 790
8 273 778

32 491 684
11 341 914 095

10 751
10 342 735

55 686 051
13 549 163 416

TABLE IV.7(6)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

April
Net weight
66

Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof

67

Prepared feathers and down and articles made of feathers or of down, artifical flowers, articles
of humain hair

68

Articles of stone, plaster, cement, asbestos, mica or similar materials

69

Ceramic products

70

Glass and glassware

71

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with
precious metal and articles thereof; imitation jewellery; coin

72

May
Value cif

Net weight

June
Value cif

Net weight

Value cif

43 113

24 260 598

43 863

25 161 264

49 531

39 915 571

8 472

12 099 564

10 634

17 777 944

6 448

11 389 390

507 601

327 324 288

173 977

371 718 721

361 030

230 196 998

1 487 634

537 873 890

1 503 810

683 299 943

964 355

886 542 102

590 337

384 280 950

400 647

190 987 198

87 497

66 840 263

1 182

1 413 358

1 019

1 136 023

2 675

86 204 475

Iron and steel

5 473 810

2 919 206 865

4 437 132

2 395 328 888

5 584 015

3 704 696 262

73

Articles of iron or steel

1 525 472

2 554 810 939

1 305 914

2 064 981 701

1 345 434

1 314 699 907

74

Copper and articles thereof

52 694

34 433 357

60 175

66 765 142

124 509

66 893 986

75

Nikel and articles thereof

76

Aluminum and articles thereof

77

Rserved for possible future use in the Harmonized System

31

1 006 393

173 207

310 690 826

1 148

1 023 406

29 332

415 354 047

284 275

324 357 340

166 691

272 597 515

160 508
10

4 829

1 741

1 816 644

2 881

2 887 324

78

Lead and articles thereof

79

Zinc and articles thereof

80

Tin and articles thereof

81

Other base metals, cermets, articles thereof

82

Tools, implements, cutlery, spoons and forks, of base metal, parts thereof of base metal

259 103

83

Miscellaneous articles of base metal

84

Nuclear reactors, boilers, machinery and mechanical appliances, parts thereof

85

Electrical machine and equipement and parts thereof, sound recorders and reproducers,
television image and sound recorders and reproducers, and parts accessorties of such articles

86

Railway or tramway locomotives, rolling-stock and parts thereof, railway or tramway track
fixtures and fittings and parts thereof, mechanical traffic signalling equipment of all kinds

87

Vehicules other than railway rollings-stock, and parts and accessories thereof

88

Aircraft, spacecraft, and parts thereof

89

Ships, boats and floating structures

90

Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical


instruments and apparatus,parts and accessories thereof

492 032 461

934 653 469

478 281

157 579

254 140 909

137 114

224 033 388

172 546

345 705 091

714 217

7 821 417 365

752 411

4 276 028 071

838 376

5 598 498 511

787 569

5 706 992 837

1 288 560

7 191 075 242

1 061 663

5 115 622 151

92 747

50 272 946

7 271

1 704 668

15 244

9 636 845

786 029

3 574 827 084

729 955

3 598 385 296

711 683

3 698 740 923

1 042

209 738 264

4 027

353 322 882

1 732

484 736 592

12

3 555

11 076

686 026 852

690

8 442 010

76 822

1 074 869 589

83 534

1 328 594 712

54 979

956 905 817

91

Clocks and watches and parts thereof

3 665

7 898 958

2 470

5 366 709

2 144

3 772 548

92

Musical instruments, parts and accessories of such articles

1 290

13 396 762

2 809

8 385 840

9 125

219 038 330

93

Arms and ammunition, parts and accessories thereof

42 434

56 207 381

94

Furniture, bedding, mattress supports, cushions and similar stuffed furnishings, lamps and
lighting fittings, not elsewhere specified or included, illuminated signs, illuminated name-plates
and the likee, prefabricated buildings

734 767 168

307 978

772 191 213

95

Toys, games and sports requisites, parts and accessories thereof

96

Miscellaneous manufactured articles

97

Works of art, collectors' pieces and antiques

1 445

69 697 076

628 749

1 257 182 839

213 064

8 007

23 153 602

20 698

45 330 856

16 573

25 823 150

73 753

158 210 917

99 255

105 982 402

87 844

213 093 274

4 313

3 133 509

4 028

10 253 361

11 282

9 306 623

SUB-Total

13 455 089

28 229 707 647

11 935 123

25 296 692 933

12 318 449

24 562 206 709

TOTAL

91 233 353

64 594 584 750

84 830 531

61 237 355 847

92 777 060

64 813 635 571

Source: BNR, Statistics Department

TABLE IV.7(7)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

July
Net weight
01

Live animals

02

Meat and edible meat offal

03

August

Value cif

Net weight

September

Value cif

Net weight

Value cif

163 827

166 247 166

135 114

214 004 598

171 810

852

9 310 867

358

208 401

267

141 304

Fish and crustaceans,molluscs and other aquatic invertebrates

481 946

153 575 166

532 535

158 202 244

443 884

149 816 023

04

Dairy produce, birds' eggs, natural honey, edible products of animal origin, not elsewhere specified or
included

326 300

197 164 018

260 336

184 451 211

193 616

136 067 163

05

Products of animal origin, not elsewhere specified or included

06

Live trees and other plants, bulbs, roots and the like, cut flowers and ornamental foliage

07

Edible vegetables and certain roots and tubers

08

Edible fruit and nuts, peel of citrus fruit melons

09

Coffee, tea, malt and spices

10

Cereals

11
12

157 839 279

891

2 171 186

14 394

2 631 776

9 334

3 985 565

53 272

56 432 812

19 981

5 001 349

28 295

46 130 881

804 358

58 387 831

686 010

51 457 310

2 008 810

99 823 210

1 018 723

98 303 175

530 888

63 966 574

293 795

42 943 166

22 470

12 723 881

27 039

13 982 262

38 722

18 124 127

17 513 361

1 915 845 036

18 738 446

2 178 197 960

20 938 459

3 794 601 250

Products of the milling industry, malt, starches, inulin, wheat gluten

825 443

161 823 728

1 583 040

345 957 876

3 591 755

1 465 998 952

Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit, industrial or medicinal plants straw
and fodder

386 170

94 347 967

600 364

126 664 571

759 461

168 798 143

1 992

2 655 422

13 540

516 886 606

400

69 338

245

2 194 374

7 994

2 637 388

1 563 284 670

3 225 492

1 749 836 838

4 701 063

2 872 582 287

13

Lac, gums, resins and other vegetable saps and extracts

14

Vegetable plaiting materials, vegetable products not elsewhere specified or included

15

Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable
waxes

16

Preparations of meat,of fish or of crustaceans, molluscs or other aquatic invertebrates

17

Sugars and sugar confectionery

27 285

16 093 366

86 131

30 636 700

130 180

36 482 691

4 099 945

2 395 984 212

6 035 498

3 309 035 386

3 571 138

2 000 100 889

18

Cocoa and cocoa preparations

11 657

28 987 330

23 789

13 179 478

21 066

3 456 320

19

Preparations of cereals, flour, starch or milk, pastrycook' products

249 204

160 005 880

328 748

171 773 207

281 370

158 174 070

20

Preparations of vegetables, fruits, nuts or other parts of plants

261 606

120 718 362

284 977

107 332 680

330 406

113 456 829

21

Miscellaneous edible preparations

395 271

474 032 167

309 773

253 728 414

352 452

593 840 261

22

Beverages, spirits and vinegar

232 881

162 745 029

346 310

238 310 597

301 618

215 038 026

23

Residues and waste from the food industries, prepared animal fodder

189 808

18 047 661

104 962

8 681 850

184 796

20 515 373

24

Tobacco and manufactured tobacco substitutes

70 322

154 964 677

61 045

130 169 622

167 232

228 747 406

25

Salt, sulfur, earths and stone, plastering materials, lime and cement

17 179 729

2 529 328 070

21 575 189

3 013 353 946

27 921 962

3 930 960 214

26

Ores, slag and ash

370

354 422

27

Mineral fuels, mineral oils and products of their distillation, bituminous, mineral waxes

14 625 903

7 398 572 035

18 112 107

28

Inorganic chemical, organic or inorganic compounds of precious metal, of rare-earth metal, of radioactive
elements or of isotopes

192 505

136 029 242

483 436

29

Organic chemicals

117 303

298 829 999

30

Pharmaceutical products

349 888

1 535 902 606

62 241 070

19 922 937 318

SUB-TOTAL
Source: BNR, Statistics Department

16

20 346

11 327 222 151

16 944 070

7 985 718 406

187 752 834

489 201

232 739 780

118 307

148 617 400

199 879

334 184 696

146 307

2 224 240 285

291 310

9 779 459 244

74 370 821

26 260 791 895

84 379 513

35 106 640 499

TABLE IV.7(8)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

July
Net weight
31

Fertilisers

32

Tanning or dyeing extracts, tannins and their derivatives; dyes, pigments and other colouring
matter paints and varnishes, putty and other mastic, inks

33

Essential oils and resinoids, perfumery, cosmetic or toilet preparations

34

Soap, organic surface-active agents, washing preparations, lubricating preparations, artifical


waxes, prepared waxes

35
36
37

Photographic or cinematographic goods

38

Miscellaneous chemical products

August
Value cif

Net weight

September
Value cif

Net weight

Value cif

1 413 409

626 718 232

4 544 541

1 752 093 418

9 977 385

4 584 313 928

245 037

235 320 806

341 576

216 865 725

270 146

240 752 464

329 869

369 757 074

416 801

1 409 347 517

388 226

562 680 539

1 909 740

824 510 100

2 210 091

1 142 829 050

1 886 209

1 033 588 089

Albuminoidal substances,modified starches, glues, enzymes

28 392

23 227 077

55 303

73 909 145

49 201

153 857 923

Explosives, pyrotechnic products, matches, pyrophoric alloys, certain combustible preparations

36 851

50 823 619

21 659

91 259 221

87 799

100 832 484

9 630

33 863 458

4 567

23 500 066

5 252

34 611 207

135 513

486 493 687

202 330

762 589 492

199 169

810 074 676

39

Plastics and articles thereof

2 418 567

4 426 673 608

1 604 342

3 014 629 156

1 385 014

2 074 730 867

40

Rubber and articles thereof

202 273

539 816 826

197 228

619 315 605

209 873

513 744 452

41

Raw hides and skins (other than furskins) and leather

540

1 270 084

3 529

205 479

6 509

426 982

42

Articles of leather, saddlery and harness, travel goods, handbags and similar containers

48 095

39 100 012

61 309

57 312 312

46 101

57 413 769

984 451 660

43

Furskins and artificial fur, manufactures thereof

44

Wood and articles of wood charcoal

45

Cork and articles of cork

46

Manufactures of straw, of esparto or of other plaiting materials, basketware and wickerwork

47

Pulp of wood or of other fibrous cellulosic material, recovered (waste and scrap) paper or
paperboard

364

1 186 595

1 053 468

562 505 949

785 991

672 222 775

1 416 379

2 102

1 040 288

3 266

1 306 707

130

71 027

18 213

2 811 336

17 520

2 824 485

9 713

12 849 257

375

148 468

74

135 376

694

2 062 419

48

Paper and paperboard, articles of paper pulp, of paper or of paperboard

835 674

911 601 821

910 648

1 000 906 596

1 161 482

1 281 106 584

49

Printed books, newspapers, pictures and other products of the printing industry, manuscripts,
typescripts and plans

242 281

1 038 885 329

457 401

1 762 123 974

337 883

772 099 579

50

Silk

1 419

1 935 650

4 585

8 181 202

3 305

5 596 794

51

Wool, fine or coarse animal hair, horsehair yarn and woven fabric

388

356 517

105

133 776

176

368 722

52

Cotton

75 173

145 257 342

17 130

33 435 237

49 899

117 186 202

53

Other vegetable textile fibres, paper yarn and woven fabrics of paper yarn

54

Man-made filaments

154

57 786

25

45 333

1 065

1 892 793

29 028

35 255 081

38 762

56 530 226

20 919

25 099 708

55

Man-made staple fibres

175 571

263 605 622

231 362

303 146 751

260 751

240 521 340

56

Wadding, felt and nonwovens, special yarns, twine, cordage, ropes and cables and articles
thereof

51 142

28 130 647

53 595

43 683 726

34 899

45 337 946

57

Carpets and other textile floor coverings

10 016

12 759 601

11 202

18 065 009

12 867

75 940 929

58

Special woven fabrics; tufted textile fabrics, lace; tapestries, trimmings, embroidery

9 421

8 751 091

10 519

12 468 983

15 342

28 271 158

59

Impregnated, coated, covered or laminated textile fabrics, textile articles of a kind suitable for
industrial use

14 083

36 357 545

20 186

16 496 053

13 448

8 711 531

60

Knitted or crocheted fabrics

61

Articles of apparel and clothing accessories, knitted or crocheted

62

Articles of apparel and clothing accessories, not knitted or crocheted

63

Other made up textile articles, sets, worn clothing and worn textile articles, rags

64

Footwear, gaiters and the like, parts of such articles

65

Headgear and parts thereof

SUB-TOTAL
Source: BNR, Statistics Department

4 118

12 054 351

2 550

5 724 093

6 010

33 416 758

201 293

707 971 933

64 282

218 075 730

67 626

290 462 078

108 051

243 529 570

96 819

342 246 212

62 538

187 608 802

1 228 493

926 855 273

1 681 461

1 560 021 656

1 707 723

2 398 741 636

512 623

667 846 366

495 284

563 366 394

366 222

390 242 990

11 459

37 856 549

6 796

38 476 113

9 127

11 362 825

13 304 335 292

14 572 839

15 823 472 593

20 069 082

31 650 311
17 100 717 603

TABLE IV.7(9)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

July
Net weight
66

Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof

67

Prepared feathers and down and articles made of feathers or of down, artifical flowers, articles of humain hair

68

Articles of stone, plaster, cement, asbestos, mica or similar materials

69

Ceramic products

August

Value cif

Net weight

September

Value cif

Net weight

Value cif

31 269

20 457 205

45 450

25 571 394

40 729

22 086 888

7 544

11 107 888

7 627

10 094 994

16 403

27 200 837

236 306

64 700 782

150 110

66 352 752

176 112

49 454 905

1 511 442

392 385 313

810 917

425 544 732

1 233 090

327 111 160

258 596

134 610 451

494 443

309 246 507

540 488

434 923 554

1 583

4 061 875

4 966

48 840 843

1 715

6 658 557

70

Glass and glassware

71

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof, imitation
jewellery, coin

72

Iron and steel

3 667 463

2 240 400 855

4 030 257

2 441 894 739

5 146 035

3 127 886 707

73

Articles of iron or steel

1 486 267

1 267 971 733

2 312 417

3 257 813 799

2 234 963

2 942 341 065

74

Copper and articles thereof

46 323

33 396 812

174 672

147 248 711

58 963

51 923 758

75

Nikel and articles thereof

10

169 905

30

161 425

117

8 499 984

76

Aluminum and articles thereof

199 083

252 991 837

363 770

730 787 382

320 051

438 730 890

77

Rserved for possible future use in the Harmonized System

78

Lead and articles thereof

1 570

5 059 280

30

15 794

79

Zinc and articles thereof

1 182

1 097 433

1 194

1 102 322

1 907

1 861 546

80

Tin and articles thereof

9 944

591 549

150

23 628

81

Other base metals, cermets, articles thereof

82

Tools, implements, cutlery, spoons and forks, of base metal, parts thereof of base metal

83

Miscellaneous articles of base metal

84

Nuclear reactors, boilers, machinery and mechanical appliances, parts thereof

85

Electrical machine and equipement and parts thereof, sound recorders and reproducers, television image and sound recorders and
reproducers, and parts accessorties of such articles

279 583

243 006 269

428 125

456 960 270

406 657

356 105 463

83 693

128 013 628

130 856

114 212 567

224 241

285 251 991

660 146

3 856 988 361

1 107 247

5 164 064 995

877 023

5 533 335 170

1 016 063

7 475 801 295

1 151 955

9 304 176 728

1 767 388

9 370 721 437

16 000

6 926 638

6 582

4 150 610

37 878

18 757 593

831 499

3 586 051 686

803 342

3 901 570 342

793 837

3 140 686 202

Aircraft, spacecraft, and parts thereof

2 324

323 390 648

1 057

162 750 741

1 506

181 653 209

Ships, boats and floating structures

2 592

10 887 364

2 051

38 062 490

979

35 880 196

95 667

1 240 493 854

46 986

976 373 045

169 353

3 324 585 600

Clocks and watches and parts thereof

3 166

15 531 445

1 173

14 294 093

2 220

5 051 658

Musical instruments, parts and accessories of such articles

2 719

92 485 346

2 690

109 400 160

4 810

63 080 798

60

75 470

326 945

482 275 832

220 483

458 790 862

86

Railway or tramway locomotives, rolling-stock and parts thereof, railway or tramway track fixtures and fittings and parts thereof, mechanical
traffic signalling equipment of all kinds

87

Vehicules other than railway rollings-stock, and parts and accessories thereof

88
89
90

Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus, parts and accessories
thereof

91
92

11 318

33 305 006

470 828

1 540 239 188

93

Arms and ammunition, parts and accessories thereof

94

Furnitur, bedding, mattress supports, cushions and similar stuffed furnishings, lamps and lighting fittings, not elsewhere specified or included,
illuminated signs, illuminated name-plates and the likee, prefabricated buildings

95

Toys, games and sports requisites, parts and accessories thereof

19 972

38 091 511

23 371

91 262 274

11 368

14 522 026

96

Miscellaneous manufactured articles

82 335

114 685 370

111 369

125 232 849

132 144

233 575 667

97

Works of art, collectors' pieces and antiques,

24 871

4 160 853

10 071

3 743 571

9 996

4 850 470

SUB-TOTAL

11 061 358

23 139 061 381

12 549 673

28 413 190 165

14 430 696

30 465 643 085

TOTAL

84 665 253

56 366 333 991

101 493 333

70 497 454 653

118 879 291

82 673 001 186

Source: BNR, Statistics Department

TABLE IV.7(10)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

October
Net weight
01

Live animals

02

Meat and edible meat offal

03

November

Value cif

Net weight

December

Value cif

Net weight

Value cif

95 040

152 275 848

103 348

162 997 819

150 696

80

216 094

764

698 821

55

38 735

Fish and crustaceans,molluscs and other aquatic invertebrates

651 764

158 625 898

699 644

269 075 328

731 082

277 346 199

04

Dairy produce, birds' eggs, natural honey, edible products of animal origin, not elsewhere specified or included

172 214

125 525 109

263 033

181 779 897

244 560

150 628 192

05

Products of animal origin, not elsewhere specified or included

7 653

2 191 336

20 956

2 436 247

11 282

1 733 694

06

Live trees and other plants, bulbs, roots and the like, cut flowers and ornamental foliage

72 285

86 893 630

36 547

102 533 456

44 376

34 279 062

1 331 828

65 648 589

1 009 034

67 896 113

3 486 311

225 551 496

363 993

54 269 409

487 814

67 956 506

506 147

69 172 907

24 821

7 230 957

35 527

13 507 731

46 017

25 346 260

18 277 657

3 332 650 836

16 117 259

2 358 697 994

12 019 143

1 924 989 406

3 018 108

865 958 802

2 965 734

818 028 575

1 897 494

634 688 870

741 396

239 571 136

763 472

198 295 801

510 823

146 693 921

07

Edible vegetables and certain roots and tubers

08

Edible fruit and nuts; peel of citrus fruit melons

09

Coffee, tea, malt and spices

10

Cereals

11

Products of the milling industry, malt, starches, inulin, wheat gluten

12

Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit, industrial or medicinal plants straw and fodder

13

Lac, gums, resins and other vegetable saps and extracts

14

Vegetable plaiting materials, vegetable products not elsewhere specified or included

15

Animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes

16

Preparations of meat,of fish or of crustaceans, molluscs or other aquatic invertebrates

17

Sugars and sugar confectionery

185 864 661

100

34 754

50

35 893

12 510
2 380 308 917

3 887 591

2 290 917 746

4 178 702

2 606 850 232

3 535 143

89 435

33 271 958

147 542

45 847 281

131 683

45 251 923

4 515 062

2 535 683 879

4 435 519

2 533 566 685

3 791 226

2 291 698 088

18

Cocoa and cocoa preparations

36 445

18 470 454

32 068

18 628 901

21 955

15 732 263

19

Preparations of cereals, flour, starch or milk, pastrycook' products

333 900

206 855 941

403 810

230 247 745

559 085

277 963 315

20

Preparations of vegetables, fruits, nuts or other parts of plants

252 285

87 408 073

294 422

155 054 295

250 666

93 183 542

21

Miscellaneous edible preparations

190 527

229 155 708

326 157

321 623 772

682 239

840 605 086

22

Beverages, spirits and vinegar

190 344

140 603 351

225 208

158 675 955

774 243

477 121 684

23

Residues and waste from the food industries, prepared animal fodder

152 801

11 895 876

205 096

16 713 755

250 032

27 023 146

24

Tobacco and manufactured tobacco substitutes

129 360

307 626 828

95 857

246 851 702

107 528

279 207 920

30 504 552

4 264 230 880

29 507 311

4 088 386 545

33 955 454

4 673 875 439

1 579

2 346 774

3 983

16 371 847

17 649 811

10 741 697 152

25

Salt, sulfur, earths and stone, plastering materials, lime and cement

26

Ores, slag and ash

27

Mineral fuels, mineral oils and products of their distillation, bituminous, mineral waxes

28

Inorganic chemical, organic or inorganic compounds of precious metal, of rare-earth metal, of radioactive elements or of isotopes

29

Organic chemicals

30

Pharmaceutical products

SUB-TOTAL
Source: BNR, Statistics Department

15 522 962

8 487 153 850

19 530 378

12 431 282 396

893 525

233 085 831

892 072

299 904 011

368 108

197 261 393

85 467

93 079 301

48 299

79 986 970

192 403

280 578 921

253 342

2 210 989 857

371 772

3 218 514 297

2 683 144

4 363 426 387

81 794 437

26 241 487 177

83 198 974

30 698 421 497

84 604 794

30 677 687 693

TABLE IV.7(11)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

November

October
Net weight
31

Fertilisers

32

Tanning or dyeing extracts, tannins and their derivatives, dyes, pigments and other colouring matter paints and
varnishes, putty and other mastic, inks

33

Essential oils and resinoids, perfumery, cosmetic or toilet preparations

34

Soap, organic surface-active agents, washing preparations, lubricating preparations, artifical waxes, prepared waxes

35

Albuminoidal substances, modified starches, glues, enzymes

36

Explosives, pyrotechnic products, matches, pyrophoric alloys, certain combustible preparations

37

Photographic or cinematographic goods

38

Miscellaneous chemical products

39
40
41

Raw hides and skins (other than furskins) and leather

42

Articles of leather, saddlery and harness, travel goods, handbags and similar containers

43

Furskins and artificial fur, manufactures thereof

44

Wood and articles of wood charcoal

45

Cork and articles of cork

46

Manufactures of straw, of esparto or of other plaiting materials, basketware and wickerwork

47

Pulp of wood or of other fibrous cellulosic material, recovered (waste and scrap) paper or paperboard

48

Value cif

Net weight

December

Value cif

Net weight

Value cif

7 638 608

2 922 526 715

2 401 291

897 886 403

2 468 416

1 004 700 675

373 767

419 583 313

349 255

393 261 149

473 493

417 282 481

380 203

1 431 278 774

588 902

669 195 353

455 755

571 152 113

2 643 851

1 353 688 726

2 035 059

987 493 346

1 757 913

988 047 864

55 285

63 600 370

33 161

57 454 676

47 917

59 943 613

282 627

236 421 866

36 552

27 920 037

81 373

181 582 104

3 597

17 582 326

14 397

64 589 995

3 717

19 372 394

291 740

846 298 582

182 657

668 817 599

437 870

1 262 411 318

Plastics and articles thereof

1 256 119

1 750 979 355

1 158 620

1 641 059 708

1 356 822

1 599 478 473

Rubber and articles thereof

252 539

867 765 430

475 946

906 864 556

305 955

818 974 373

2 100

629 498

8 600

625 989

8 200

579 373

37 986

27 384 978

81 181

129 962 717

99 061

98 691 121

81

73 020

1 370

16 889 525

581 124

267 965 246

738 831

369 949 231

713 817

300 640 767

13 238

3 207 629

4 599

2 623 484

1 465

789 593

32 891

4 074 783

20 656

2 708 999

870

569 117

1 486

575 144

1 091

1 245 432

Paper and paperboard, articles of paper pulp, of paper or of paperboard

822 267

1 313 645 640

1 595 749

1 430 686 575

1 945 035

1 637 396 425

49

Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans

114 405

655 218 048

175 808

577 837 324

200 855

691 374 816

50

Silk

2 207

3 797 759

5 495

7 240 455

4 051

6 030 424

51

Wool, fine or coarse animal hair, horsehair yarn and woven fabric

17 569

18

16 475

52

Cotton

54 647

116 711 070

23 473

54 204 413

53

Other vegetable textile fibres, paper yarn and woven fabrics of paper yarn

54

Man-made filaments

55

Man-made staple fibres

56

Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof

57

88 846

279 374 606

26

67 498

111

92 431

555

404 608

23 457

22 824 070

72 646

139 879 027

24 974

29 776 180

245 450

288 388 844

194 783

467 777 091

193 301

455 736 214

38 026

49 688 541

35 951

27 188 217

32 317

30 810 477

Carpets and other textile floor coverings

15 540

13 086 666

43 100

131 846 319

19 679

46 226 874

58

Special woven fabrics, tufted textile fabrics, lace, tapestries, trimmings, embroidery

16 917

57 637 169

10 932

10 023 840

12 452

18 728 216

59

Impregnated, coated, covered or laminated textile fabrics, textile articles of a kind suitable for industrial use

5 647

7 876 393

10 305

17 648 802

12 019

21 995 082

60

Knitted or crocheted fabrics

1 913

7 782 191

4 842

27 872 979

2 833

8 925 853

61

Articles of apparel and clothing accessories, knitted or crocheted

70 302

315 300 233

90 989

383 430 994

75 619

484 544 122

62

Articles of apparel and clothing accessories, not knitted or crocheted

63

Other made up textile articles, sets, worn clothing and worn textile articles, rags

64

Footwear, gaiters and the like, parts of such articles

65

Headgear and parts thereof

SUB-TOTAL
Source: BNR, Statistics Department

118 624

339 472 746

91 936

199 708 489

93 262

477 927 969

2 676 796

7 160 042 499

1 959 744

5 348 730 208

2 619 260

5 355 444 841

498 391

479 891 744

384 695

766 214 010

454 090

515 291 095

7 474

92 965 504

2 670

8 446 550

16 188

61 344 914

18 561 407

21 297 331 669

12 873 317

16 481 155 659

13 968 006

17 242 503 108

TABLE IV.7(12)

IMPORTS BY CHAPTER IN 2010


Net weight in kg
Value cif in Rwf

October
Net weight

November

Value cif

Net weight

December

Value cif

66

Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof

67

Prepared feathers and down and articles made of feathers or of down, artifical flowers, articles of humain hair

68

Articles of stone, plaster, cement, asbestos, mica or similar materials

69

Ceramic products

70

Glass and glassware

71

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles
thereof, imitation jewellery, coin

72
73
74

Copper and articles thereof

75

Nikel and articles thereof

76

Aluminum and articles thereof

77

Rserved for possible future use in the Harmonized System

78

Lead and articles thereof

16

54 752

29

79

Zinc and articles thereof

1 159

1 180 570

2 458

80

Tin and articles thereof

65

596 274

18

9 041

Net weight

Value cif

46 808

29 219 436

49 673

29 816 586

42 787

49 284 062

7 683

15 404 592

13 679

19 991 759

9 479

19 207 054

226 571

103 064 011

226 967

101 088 055

228 782

88 141 829

1 296 935

367 722 778

1 514 914

411 206 198

1 318 120

469 348 189

474 531

474 264 071

759 509

630 882 910

606 289

469 646 032

1 522

2 271 936

2 142

6 076 709

2 884

5 033 164

Iron and steel

5 337 304

3 130 759 148

5 978 354

3 786 263 690

4 443 327

2 772 427 464

Articles of iron or steel

1 266 207

1 249 134 056

2 271 250

3 277 602 533

1 423 499

2 496 938 388

53 517

88 584 630

8 043

5 619 944

10 370

13 383 400

210

108 164

950

1 561 829

240 512

312 718 619

282 529

391 919 972

45 213

519

1 735 624

3 212 366

2 660

2 622 667

1 051

1 567 460

81

Other base metals, cermets, articles thereof

82

Tools, implements, cutlery, spoons and forks, of base metal, parts thereof of base metal

83

Miscellaneous articles of base metal

84

Nuclear reactors, boilers, machinery and mechanical appliances, parts thereof

85

Electrical machine and equipement and parts thereof, sound recorders and reproducers, television image and sound recorders
and reproducers, and parts accessorties of such articles

86

Railway or tramway locomotives, rolling-stock and parts thereof, railway or tramway track fixtures and fittings and parts
thereof, mechanical traffic signalling equipment of all kinds

87

Vehicules other than railway rollings-stock, and parts and accessories thereof

88

Aircraft, spacecraft, and parts thereof

89

Ships, boats and floating structures

90

Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus, parts
and accessories thereof

91
92
93

Arms and ammunition, parts and accessories thereof

94

Furniture, bedding, mattress supports, cushions and similar stuffed furnishings, lamps and lighting fittings, not elsewhere
specified or included, illuminated signs, illuminated name-plates and the likee, prefabricated buildings

95

Toys, games and sports requisites, parts and accessories thereof

96

Miscellaneous manufactured articles

97

Works of art, collectors' pieces and antiques

367 898

760 714 074

603 788

15

31 344

10

2 674

518 473

420 446 633

327 613

314 453 397

302 386

284 139 240

234 822

304 246 490

238 996

315 957 463

423 411

591 522 706

1 190 767

8 459 392 386

655 257

4 515 945 060

931 523

5 335 664 005

1 629 756

9 025 841 056

1 540 217

5 766 743 097

1 289 416

6 922 506 211

3 374

2 413 821

12 405

9 993 568

12 728

13 978 614

772 313

3 117 159 994

1 036 416

4 038 099 386

923 953

4 553 969 040

4 810

476 955 446

1 292

501 432 797

684

173 057 103

6 800

75 532 550

60

95 810

959

5 192 966

109 325

2 128 995 257

63 081

1 988 443 506

189 676

2 865 162 202

Clocks and watches and parts thereof

2 994

12 938 520

3 037

8 359 231

2 419

8 683 026

Musical instruments, parts and accessories of such articles

1 701

11 028 908

1 270

10 258 808

2 908

8 176 846

17 854

7 017

9 745 373

24 020

2 420 696

271 481

464 869 067

430 075

725 294 519

489 578

987 602 067

33 610

104 975 142

39 171

50 331 719

12 351

29 031 367

141 294

156 207 001

191 762

249 124 606

159 148

269 123 407

10 547

5 450 786

9 586

5 838 823

13 520

10 541 032

SUB-TOTAL

14 012 296

30 990 045 026

15 625 028

27 094 790 293

13 151 936

28 843 590 335

TOTAL

114 368 140

Source: BNR, Statistics Department

78 528 863 872

111 697 319

74 274 367 449

111 724 736

76 763 781 136

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