Austria (AUT) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Austria-Tanzania Trade: In 2023, Austria exported $42.3M to Tanzania. The main products that Austria exported to Tanzania were Special purpose motor vehicles ($8.96M), Flavored Water ($6.33M), and Rubberworking Machinery ($4.41M). Over the past 5 years the exports of Austria to Tanzania have increased at an annualized rate of 15.6%, from $20.5M in 2018 to $42.3M in 2023.

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

Tanzania-Austria Trade: In 2023, Tanzania exported $3.38M to Austria. The main products that Tanzania exported to Austria were Coconuts, Brazil Nuts, and Cashews ($1.79M), Tropical Fruits ($417k), and Raw Furskins ($157k). Over the past 5 years the exports of Tanzania to Austria have decreased at an annualized rate of 3.88%, from $4.45M in 2018 to $3.38M in 2023.

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

Comparison: In 2023, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). 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, Austria exported $42.3M to Tanzania. The main products exported from Austria to Tanzania were Special purpose motor vehicles ($8.96M), Flavored Water ($6.33M), and Rubberworking Machinery ($4.41M). During the last 5 years the exports of Austria to Tanzania have increased at an annualized rate of 15.6%, from $20.5M in 2018 to $42.3M in 2023.

In 2018, Tanzania exported $3.38M to Austria. The main products exported from Tanzania to Austria were Coconuts, Brazil Nuts, and Cashews ($1.79M), Tropical Fruits ($417k), and Raw Furskins ($157k). During the last 5 years the exports of Tanzania to Austria have decreased at an annualized rate of 3.88%, from $4.45M in 2023 to $3.38M in 2018.

Exports from Austria () to Tanzania () (2023)

Exports from Tanzania () to Austria () (2023)

Latest Data

Trade between Austria () and Tanzania ()

Austria Exports

Date

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$51B

Tanzania
Top DestinationIndia$1.74B

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

In 2023, countries that imported more from Austria than Tanzania included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Tanzania than Austria included Uganda ($1.35B), United Arab Emirates ($1.62B), and South Africa ($1.15B).

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

Comparative Advantage Austria - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Austria had a large net trade with Tanzania in the exports of Transportation ($16.1M), Machines ($12.1M), and Foodstuffs ($6.34M).

During 2018, Tanzania had a large net trade with Austria in the exports of Vegetable Products ($2.74M), Animal Hides ($167k), and Machines ($102k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Tanzania+$1.86MMachinery Having Individual Functions

Top Product Potential Tanzania Austria+$791kCoconuts, Brazil Nuts, and Cashews

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 Austria and Tanzania. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Austria.

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Tanzania () (2023)

Exports from Tanzania () to Austria () (2023)

Latest Data

Trade between Austria () and Tanzania ()

Austria Exports

Tanzania Exports

Market Competitiveness

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

Comparative Advantage Austria - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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