Trinidad and Tobago (TTO) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

About

Trinidad and Tobago-Tanzania Trade: In 2023, Trinidad and Tobago exported $5.07k to Tanzania. The main products that Trinidad and Tobago exported to Tanzania were Centrifuges ($4.96k), Fake Hair ($60), and Hard Liquor ($42). Over the past 5 years the exports of Trinidad and Tobago to Tanzania have decreased at an annualized rate of 16.5%, from $12.4k in 2018 to $5.07k in 2023.

In 2023, Trinidad and Tobago did not export any services to Tanzania.

Tanzania-Trinidad and Tobago Trade: In 2023, Tanzania exported $28.3k to Trinidad and Tobago. The main products that Tanzania exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Tanzania to Trinidad and Tobago have decreased at an annualized rate of 11.5%, from $52.1k in 2018 to $28.3k in 2023.

In 2023, Tanzania did not export any services to Trinidad and Tobago.

Comparison In 2023, Trinidad and Tobago ranked 98 in total exports ($11.7B), and does not have data regarding Economic Complexity Index. 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, Trinidad and Tobago exported $5.07k to Tanzania. The main products exported from Trinidad and Tobago to Tanzania were Centrifuges ($4.96k), Fake Hair ($60), and Hard Liquor ($42). During the last 5 years the exports of Trinidad and Tobago to Tanzania have decreased at an annualized rate of 16.5%, from $12.4k in 2018 to $5.07k in 2023.

In 2017, Tanzania exported $28.3k to Trinidad and Tobago. There were not main exports from Tanzania to Trinidad and Tobago in 2017. During the last 5 years the exports of Tanzania to Trinidad and Tobago have decreased at an annualized rate of 11.5%, from $52.1k in 2022 to $28.3k in 2017.

Exports from Trinidad and Tobago () to Tanzania () (2023)

Exports from Tanzania () to Trinidad and Tobago () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Trinidad and Tobago
Top DestinationUnited States$3.26B

Tanzania
Top DestinationIndia$1.74B

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

In 2023, countries that imported more from Trinidad and Tobago than Tanzania included United States ($3.26B), Guyana ($625M), and Chile ($605M).

In 2023, countries that imported more from Tanzania than Trinidad and Tobago included United Arab Emirates ($1.62B), India ($1.74B), and Uganda ($1.35B).

Difference in imports from Tanzania () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Trinidad and Tobago had a large net trade with Tanzania in the exports of Machines ($4.96k), Footwear and Headwear ($60), and Foodstuffs ($42).

During 2017, Tanzania had a large net trade with Trinidad and Tobago in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Trinidad and Tobago Tanzania+$46.7kHard Liquor

Top Product Potential Tanzania Trinidad and Tobago+$2.11kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Trinidad and Tobago () to Tanzania () (2023)

Exports from Tanzania () to Trinidad and Tobago () (2023)

Market Competitiveness

Difference in imports from Tanzania () and Trinidad and Tobago () (2023)

Comparative Advantage Trinidad and Tobago - Tanzania

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Trinidad and Tobago () and Tanzania () (2023)

Keep Exploring