Greece (GRC) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Greece-Tanzania Trade: In 2022, Greece exported $6.25M to Tanzania. The main products that Greece exported to Tanzania were Magnesium Carbonate ($2.59M), Aluminium Foil ($1.24M), and Stone Processing Machines ($503k). Over the past 5 years the exports of Greece to Tanzania have increased at an annualized rate of 17.9%, from $2.74M in 2017 to $6.25M in 2022.

In 2022, Greece did not export any services to Tanzania.

Tanzania-Greece Trade: In 2022, Tanzania exported $8.79M to Greece. The main products that Tanzania exported to Greece were Fish Fillets ($5.75M), Raw Tobacco ($1.39M), and Coffee ($746k). Over the past 5 years the exports of Tanzania to Greece have decreased at an annualized rate of 4.18%, from $14.1M in 2017 to $8.79M in 2022.

In 2022, Tanzania did not export any services to Greece.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $6.25M to Tanzania. The main products exported from Greece to Tanzania were Magnesium Carbonate ($2.59M), Aluminium Foil ($1.24M), and Stone Processing Machines ($503k). During the last 5 years the exports of Greece to Tanzania have increased at an annualized rate of 17.9%, from $2.74M in 2017 to $6.25M in 2022.

In 2017, Tanzania exported $8.79M to Greece. The main products exported from Tanzania to Greece were Fish Fillets ($5.75M), Raw Tobacco ($1.39M), and Coffee ($746k). During the last 5 years the exports of Tanzania to Greece have decreased at an annualized rate of 4.18%, from $14.1M in 2022 to $8.79M in 2017.

Exports from Greece () to Tanzania () (2022)

Exports from Tanzania () to Greece () (2022)

Latest Data

Trade between Greece () and Tanzania ()

Greece Exports

Date

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Greece than Tanzania included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

In 2022, countries that imported more from Tanzania than Greece included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

Difference in imports from Tanzania () and Greece () (2022)

Comparative Advantage Greece - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Tanzania in the exports of Mineral Products ($2.85M), Metals ($1.41M), and Machines ($1.02M).

During 2017, Tanzania had a large net trade with Greece in the exports of Animal Products ($6.14M), Foodstuffs ($1.66M), and Vegetable Products ($815k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Tanzania+$1.85MRefined Petroleum

Top Product Potential Tanzania Greece+$1.58MCoffee

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Tanzania () (2022)

Exports from Tanzania () to Greece () (2022)

Latest Data

Trade between Greece () and Tanzania ()

Greece Exports

Tanzania Exports

Market Competitiveness

Difference in imports from Tanzania () and Greece () (2022)

Comparative Advantage Greece - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Tanzania () (2022)

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