Armenia (ARM) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Armenia-Tanzania Trade: In 2023, Armenia exported $189 to Tanzania. The main products that Armenia exported to Tanzania were Ball Bearings ($129) and Other Rubber Products ($60). Over the past 5 years the exports of Armenia to Tanzania have decreased at an annualized rate of 70.2%, from $80.5k in 2018 to $189 in 2023.

In 2023, Armenia did not export any services to Tanzania.

Tanzania-Armenia Trade: In 2023, Tanzania exported $590k to Armenia. The main products that Tanzania exported to Armenia were Sowing Seeds ($445k), Raw Tobacco ($82.6k), and Diamonds ($38.4k). Over the past 5 years the exports of Tanzania to Armenia have decreased at an annualized rate of 1.98%, from $652k in 2018 to $590k in 2023.

In 2023, Tanzania did not export any services to Armenia.

Comparison: In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $189 to Tanzania. The main products exported from Armenia to Tanzania were Ball Bearings ($129) and Other Rubber Products ($60). During the last 5 years the exports of Armenia to Tanzania have decreased at an annualized rate of 70.2%, from $80.5k in 2018 to $189 in 2023.

In 2018, Tanzania exported $590k to Armenia. The main products exported from Tanzania to Armenia were Sowing Seeds ($445k), Raw Tobacco ($82.6k), and Diamonds ($38.4k). During the last 5 years the exports of Tanzania to Armenia have decreased at an annualized rate of 1.98%, from $652k in 2023 to $590k in 2018.

Exports from Armenia () to Tanzania () (2023)

Exports from Tanzania () to Armenia () (2023)

Latest Data

Trade between Armenia () and Tanzania ()

Armenia Exports

Date

Tanzania Exports

Date

Feb 2018

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Tanzania
Top DestinationIndia$1.74B

This map shows whether countries import more from Armenia or Tanzania. Each country is colored based on the difference in imports they receive from Armenia and Tanzania or the difference in the growth in imports.

In 2023, countries that imported more from Armenia than Tanzania included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Tanzania than Armenia included India ($1.74B), Uganda ($1.35B), and South Africa ($1.15B).

Difference in imports from Tanzania () and Armenia () (2023)

Comparative Advantage Armenia - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Tanzania by product, considering products traded by both, Armenia and Tanzania.

During 2023, Armenia had a large net trade with Tanzania in the exports of Machines ($129) and Plastics and Rubbers ($60).

During 2018, Tanzania had a large net trade with Armenia in the exports of Vegetable Products ($468k), Foodstuffs ($82.6k), and Precious Metals ($39.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Tanzania+$12.2kVideo and Card Games

Top Product Potential Tanzania Armenia+$66.7kCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and Tanzania. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Tanzania () (2023)

Exports from Tanzania () to Armenia () (2023)

Latest Data

Trade between Armenia () and Tanzania ()

Armenia Exports

Tanzania Exports

Market Competitiveness

Difference in imports from Tanzania () and Armenia () (2023)

Comparative Advantage Armenia - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Tanzania () (2023)

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