2023
Flag  
GDP
$515BCURRENT US$
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2013-2023
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GDP GROWTH
22.5%CURRENT US$
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2023
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 GDP
$79.1BCURRENT US$
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2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
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2023
Flag
GDP PC 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
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2023
Flag
GDP PC
$1,224CURRENT US$
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2013-2023
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GDP PC GROWTH
27.1%CURRENT US$
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About

Thailand-Tanzania Trade: In 2023, Thailand exported $170M to Tanzania. The main products that Thailand exported to Tanzania were Raw Sugar ($32.2M), Rice ($26.8M), and Delivery Trucks ($15.1M). Over the past 5 years the exports of Thailand to Tanzania have increased at an annualized rate of 0.36%, from $167M in 2018 to $170M in 2023.

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

Tanzania-Thailand Trade: In 2023, Tanzania exported $71.6M to Thailand. The main products that Tanzania exported to Thailand were Refined Copper ($50.9M), Precious Stones ($9.22M), and Non-fillet Frozen Fish ($6.52M). Over the past 5 years the exports of Tanzania to Thailand have increased at an annualized rate of 8.87%,  from $46.8M in 2018 to $71.6M in 2023.

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

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $170M to Tanzania. The main products exported from Thailand to Tanzania were Raw Sugar ($32.2M), Rice ($26.8M), and Delivery Trucks ($15.1M). During the last 5 years the exports of Thailand to Tanzania have increased at an annualized rate of 0.36%, from $167M in 2018 to $170M in 2023.

In 2018, Tanzania exported $71.6M to Thailand. The main products exported from Tanzania to Thailand were Refined Copper ($50.9M), Precious Stones ($9.22M), and Non-fillet Frozen Fish ($6.52M). During the last 5 years the exports of Tanzania to Thailand have increased at an annualized rate of 8.87%, from $46.8M in 2023 to $71.6M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Tanzania (Flag)

Thailand Exports

Tanzania Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Thailand than Tanzania included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Tanzania than Thailand included Uganda ($1.35B), Zambia ($310M), and Democratic Republic of the Congo ($313M).

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

Comparative Advantage Thailand - Tanzania

Flow
Scale

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

During 2023, Thailand had a large net trade with Tanzania in the exports of Foodstuffs ($33.2M), Transportation ($28.5M), and Vegetable Products ($27.6M).

During 2018, Tanzania had a large net trade with Thailand in the exports of Metals ($51M), Precious Metals ($9.43M), and Animal Products ($7.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Tanzania+$10MDelivery Trucks
Top Product Potential Tanzania Thailand+$12.3MRefined Copper

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

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

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