2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Tanzania-Australia Trade: In 2023, Tanzania exported $8.08M to Australia. The main products that Tanzania exported to Australia were Coffee ($4.62M), Sowing Seeds ($1.76M), and Fish Fillets ($190k). Over the past 5 years the exports of Tanzania to Australia have decreased at an annualized rate of 37%, from $81.5M in 2018 to $8.08M in 2023.

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

Australia-Tanzania Trade: In 2023, Australia exported $73.5M to Tanzania. The main products that Australia exported to Tanzania were Passenger and Cargo Ships ($17.4M), Excavation Machinery ($4.97M), and Other Iron Products ($4.39M). Over the past 5 years the exports of Australia to Tanzania have increased at an annualized rate of 0.19%,  from $72.4M in 2018 to $73.5M in 2023.

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

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $8.08M to Australia. The main products exported from Tanzania to Australia were Coffee ($4.62M), Sowing Seeds ($1.76M), and Fish Fillets ($190k). During the last 5 years the exports of Tanzania to Australia have decreased at an annualized rate of 37%, from $81.5M in 2018 to $8.08M in 2023.

In 2018, Australia exported $73.5M to Tanzania. The main products exported from Australia to Tanzania were Passenger and Cargo Ships ($17.4M), Excavation Machinery ($4.97M), and Other Iron Products ($4.39M). During the last 5 years the exports of Australia to Tanzania have increased at an annualized rate of 0.19%, from $72.4M in 2023 to $73.5M in 2018.

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

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

Latest Data

Trade between Tanzania (Flag) and Australia (Flag)

Tanzania Exports

Australia Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Australia
Top Destination
China$137B

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

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

In 2023, countries that imported more from Australia than Tanzania included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Tanzania - Australia

Flow
Scale

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

During 2023, Tanzania had a large net trade with Australia in the exports of Vegetable Products ($6.75M), Animal Products ($411k), and Instruments ($226k).

During 2018, Australia had a large net trade with Tanzania in the exports of Machines ($24.2M), Transportation ($19.7M), and Metals ($12.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Australia+$4.02MCoffee
Top Product Potential Australia Tanzania+$3.21MWheat

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with