2023
Flag  
GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC 
$54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Belgium-Tanzania Trade: In 2023, Belgium exported $99.3M to Tanzania. The main products that Belgium exported to Tanzania were Vaccines, blood, antisera, toxins and cultures ($27.6M), Malt ($21.9M), and Electrical Transformers ($3.75M). Over the past 5 years the exports of Belgium to Tanzania have increased at an annualized rate of 6.57%, from $72.2M in 2018 to $99.3M in 2023.

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

Tanzania-Belgium Trade: In 2023, Tanzania exported $76.5M to Belgium. The main products that Tanzania exported to Belgium were Raw Copper ($28.2M), Diamonds ($20.7M), and Raw Tobacco ($16.9M). Over the past 5 years the exports of Tanzania to Belgium have decreased at an annualized rate of 10.4%,  from $133M in 2018 to $76.5M in 2023.

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

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). 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
Value

In 2023, Belgium exported $99.3M to Tanzania. The main products exported from Belgium to Tanzania were Vaccines, blood, antisera, toxins and cultures ($27.6M), Malt ($21.9M), and Electrical Transformers ($3.75M). During the last 5 years the exports of Belgium to Tanzania have increased at an annualized rate of 6.57%, from $72.2M in 2018 to $99.3M in 2023.

In 2018, Tanzania exported $76.5M to Belgium. The main products exported from Tanzania to Belgium were Raw Copper ($28.2M), Diamonds ($20.7M), and Raw Tobacco ($16.9M). During the last 5 years the exports of Tanzania to Belgium have decreased at an annualized rate of 10.4%, from $133M in 2023 to $76.5M in 2018.

Exports from Belgium (Flag) to Tanzania (Flag) (2023)

Exports from Tanzania (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top Destination
France$85.6B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Belgium than Tanzania included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Tanzania than Belgium included Uganda ($1.35B), Zambia ($310M), and Kenya ($334M).

Difference in imports from Tanzania (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Tanzania

Flow
Scale

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

During 2023, Belgium had a large net trade with Tanzania in the exports of Chemical Products ($35.2M), Vegetable Products ($21.9M), and Machines ($20.5M).

During 2018, Tanzania had a large net trade with Belgium in the exports of Metals ($28.5M), Precious Metals ($20.8M), and Foodstuffs ($17.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Tanzania+$5.83MCars
Top Product Potential Tanzania Belgium+$7.18MCoffee

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

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

Product Space of Belgium (Flag) and Tanzania (Flag) (2023)

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