Tanzania (TZA) and Armenia (ARM) Trade | The Observatory of Economic Complexity

About

Tanzania-Armenia Trade: In 2022, Tanzania exported $1.05M to Armenia. The main products that Tanzania exported to Armenia were Sowing Seeds ($887k), Cocoa Beans ($116k), and Coffee ($15.8k). Over the past 5 years the exports of Tanzania to Armenia have increased at an annualized rate of 15.5%, from $512k in 2017 to $1.05M in 2022.

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

Armenia-Tanzania Trade: In 2022, Armenia exported $17.3k to Tanzania. The main products that Armenia exported to Tanzania were Video and Card Games ($9k), Liquid Pumps ($2.12k), and Other Electrical Machinery ($1.71k). Over the past 5 years the exports of Armenia to Tanzania have decreased at an annualized rate of 11.8%, from $32.5k in 2017 to $17.3k in 2022.

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

Comparison: In 2022, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $1.05M to Armenia. The main products exported from Tanzania to Armenia were Sowing Seeds ($887k), Cocoa Beans ($116k), and Coffee ($15.8k). During the last 5 years the exports of Tanzania to Armenia have increased at an annualized rate of 15.5%, from $512k in 2017 to $1.05M in 2022.

In 2017, Armenia exported $17.3k to Tanzania. The main products exported from Armenia to Tanzania were Video and Card Games ($9k), Liquid Pumps ($2.12k), and Other Electrical Machinery ($1.71k). During the last 5 years the exports of Armenia to Tanzania have decreased at an annualized rate of 11.8%, from $32.5k in 2022 to $17.3k in 2017.

Exports from Tanzania () to Armenia () (2022)

Exports from Armenia () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Armenia ()

Tanzania Exports

Date

Feb 2018

Jan 2012

undefined

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Armenia
Top DestinationRussia$2.36B

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

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

In 2022, countries that imported more from Armenia than Tanzania included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

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

Comparative Advantage Tanzania - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Armenia in the exports of Vegetable Products ($929k), Foodstuffs ($117k), and Precious Metals ($4.33k).

During 2017, Armenia had a large net trade with Tanzania in the exports of Miscellaneous ($9k), Machines ($5.97k), and Chemical Products ($1.68k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Armenia+$66.7kCoffee

Top Product Potential Armenia Tanzania+$12.2kVideo and Card Games

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

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Armenia () (2022)

Exports from Armenia () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Armenia ()

Tanzania Exports

Armenia Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Armenia

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 Tanzania () and Armenia () (2022)

Keep Exploring