Tanzania (TZA) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Tanzania-Ecuador Trade: In 2022, Tanzania exported $4.61k to Ecuador. The main products that Tanzania exported to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($2.97k), Excavation Machinery ($1.25k), and Knit Men's Suits ($237). Over the past 5 years the exports of Tanzania to Ecuador have increased at an annualized rate of 115%, from $100 in 2017 to $4.61k in 2022.

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

Ecuador-Tanzania Trade: In 2022, Ecuador exported $138k to Tanzania. The main products that Ecuador exported to Tanzania were Confectionery Sugar ($80.1k), Other Paper Machinery ($44.3k), and Refined Petroleum ($7.14k). Over the past 5 years the exports of Ecuador to Tanzania have decreased at an annualized rate of 26.1%, from $627k in 2017 to $138k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $4.61k to Ecuador. The main products exported from Tanzania to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($2.97k), Excavation Machinery ($1.25k), and Knit Men's Suits ($237). During the last 5 years the exports of Tanzania to Ecuador have increased at an annualized rate of 115%, from $100 in 2017 to $4.61k in 2022.

In 2017, Ecuador exported $138k to Tanzania. The main products exported from Ecuador to Tanzania were Confectionery Sugar ($80.1k), Other Paper Machinery ($44.3k), and Refined Petroleum ($7.14k). During the last 5 years the exports of Ecuador to Tanzania have decreased at an annualized rate of 26.1%, from $627k in 2022 to $138k in 2017.

Exports from Tanzania () to Ecuador () (2022)

Exports from Ecuador () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Ecuador ()

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Ecuador
Top DestinationUnited States$9.86B

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

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

In 2022, countries that imported more from Ecuador than Tanzania included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Tanzania - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Ecuador in the exports of Transportation ($2.97k), Machines ($1.25k), and Textiles ($332).

During 2017, Ecuador had a large net trade with Tanzania in the exports of Foodstuffs ($80.1k), Machines ($46.9k), and Mineral Products ($7.14k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Ecuador+$12kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Ecuador Tanzania+$98.4kRefined 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.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Ecuador () (2022)

Exports from Ecuador () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Ecuador

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tanzania () and Ecuador () (2022)

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