2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 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
$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195

About

Tanzania-Bolivia Trade: In 2023, Tanzania exported $120k to Bolivia. The main products that Tanzania exported to Bolivia were Planes, Helicopters, and/or Spacecraft ($113k), Electrical Transformers ($5.6k), and Integrated Circuits ($1.2k). Over the past 5 years the exports of Tanzania to Bolivia have increased at an annualized rate of 207%, from $439 in 2018 to $120k in 2023.

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

Bolivia-Tanzania In N/A, Bolivia did not export any products to Tanzania.

In 2023, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $120k to Bolivia. The main products exported from Tanzania to Bolivia were Planes, Helicopters, and/or Spacecraft ($113k), Electrical Transformers ($5.6k), and Integrated Circuits ($1.2k). During the last 5 years the exports of Tanzania to Bolivia have increased at an annualized rate of 207%, from $439 in 2018 to $120k in 2023.

Bolivia does not register exports to Tanzania. The main products exported from Bolivia to Tanzania were Borax ($13.4k).

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

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

Latest Data

Trade between Tanzania (Flag) and Bolivia (Flag)

Tanzania Exports

Date

Bolivia Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Bolivia
Top Destination
Brazil$1.54B

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

In 2023, countries that imported more from Tanzania than Bolivia included Uganda ($1.35B), South Africa ($1.15B), and United Arab Emirates ($1.62B).

In 2023, countries that imported more from Bolivia than Tanzania included Brazil ($1.54B), Argentina ($1.15B), and Colombia ($687M).

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

Comparative Advantage Tanzania - Bolivia

Flow
Scale

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

During 2023, Tanzania had a large net trade with Bolivia in the exports of Transportation ($113k), Machines ($6.79k), and Instruments ($383).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Bolivia+$6.09kSowing Seeds
Top Product Potential Bolivia Tanzania+$3.82kPetroleum Gas

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

Product Space of Tanzania (Flag) and Bolivia (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