2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Hong Kong-Tanzania Trade: In 2022, Hong Kong exported $67.6M to Tanzania. The main products that Hong Kong exported to Tanzania were Broadcasting Equipment ($6.32M), Motorcycles and cycles ($3.52M), and Insulated Wire ($2.49M). Over the past 5 years the exports of Hong Kong to Tanzania have increased at an annualized rate of 8.22%, from $45.5M in 2017 to $67.6M in 2022.

In 2022, Hong Kong did not export any services to Tanzania.

Tanzania-Hong Kong Trade: In 2022, Tanzania exported $192M to Hong Kong. The main products that Tanzania exported to Hong Kong were Gold ($96.5M), Dried/Salted/Smoked/Brined Fish ($65.8M), and Coal Briquettes ($12.9M). Over the past 5 years the exports of Tanzania to Hong Kong have increased at an annualized rate of 30%,  from $51.6M in 2017 to $192M in 2022.

In 2022, Tanzania did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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
Value

In 2022, Hong Kong exported $67.6M to Tanzania. The main products exported from Hong Kong to Tanzania were Broadcasting Equipment ($6.32M), Motorcycles and cycles ($3.52M), and Insulated Wire ($2.49M). During the last 5 years the exports of Hong Kong to Tanzania have increased at an annualized rate of 8.22%, from $45.5M in 2017 to $67.6M in 2022.

In 2017, Tanzania exported $192M to Hong Kong. The main products exported from Tanzania to Hong Kong were Gold ($96.5M), Dried/Salted/Smoked/Brined Fish ($65.8M), and Coal Briquettes ($12.9M). During the last 5 years the exports of Tanzania to Hong Kong have increased at an annualized rate of 30%, from $51.6M in 2022 to $192M in 2017.

Exports from Hong Kong (Flag) to Tanzania (Flag) (2022)

Exports from Tanzania (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Tanzania (Flag)

Hong Kong Exports

Tanzania Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Tanzania
Top Destination
India$2.73B

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

In 2022, countries that imported more from Hong Kong than Tanzania included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Tanzania than Hong Kong included South Africa ($939M), Rwanda ($474M), and Kenya ($482M).

Difference in imports from Tanzania (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Tanzania

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Tanzania in the exports of Machines ($21M), Metals ($8.47M), and Chemical Products ($8.38M).

During 2017, Tanzania had a large net trade with Hong Kong in the exports of Precious Metals ($99.1M), Animal Products ($67.6M), and Mineral Products ($13.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Tanzania+$6.1MTelephones
Top Product Potential Tanzania Hong Kong+$92.8MGold

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

Product Space of Hong Kong (Flag) and Tanzania (Flag) (2022)

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