Tanzania (TZA) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

About

Tanzania-Hong Kong Trade: In 2023, Tanzania exported $73M to Hong Kong. The main products that Tanzania exported to Hong Kong were Dried/Salted/Smoked/Brined Fish ($66.8M), Precious Stones ($2.43M), and Telephones ($1.21M). Over the past 5 years the exports of Tanzania to Hong Kong have increased at an annualized rate of 9.69%, from $46M in 2018 to $73M in 2023.

In 2023, Tanzania did not export any services to Hong Kong.

Hong Kong-Tanzania Trade: In 2023, Hong Kong exported $82.3M to Tanzania. The main products that Hong Kong exported to Tanzania were Refined Petroleum ($11.8M), Tractors ($9.01M), and Broadcasting Equipment ($6.82M). Over the past 5 years the exports of Hong Kong to Tanzania have increased at an annualized rate of 5.26%, from $63.7M in 2018 to $82.3M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Tanzania exported $73M to Hong Kong. The main products exported from Tanzania to Hong Kong were Dried/Salted/Smoked/Brined Fish ($66.8M), Precious Stones ($2.43M), and Telephones ($1.21M). During the last 5 years the exports of Tanzania to Hong Kong have increased at an annualized rate of 9.69%, from $46M in 2018 to $73M in 2023.

In 2018, Hong Kong exported $82.3M to Tanzania. The main products exported from Hong Kong to Tanzania were Refined Petroleum ($11.8M), Tractors ($9.01M), and Broadcasting Equipment ($6.82M). During the last 5 years the exports of Hong Kong to Tanzania have increased at an annualized rate of 5.26%, from $63.7M in 2023 to $82.3M in 2018.

Exports from Tanzania () to Hong Kong () (2023)

Exports from Hong Kong () to Tanzania () (2023)

Latest Data

Trade between Tanzania () and Hong Kong ()

Tanzania Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$1.74B

Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Tanzania than Hong Kong included Uganda ($1.35B), South Africa ($1.15B), and Kenya ($334M).

In 2023, countries that imported more from Hong Kong than Tanzania included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Tanzania () (2023)

Comparative Advantage Tanzania - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Tanzania had a large net trade with Hong Kong in the exports of Animal Products ($68.4M), Precious Metals ($2.55M), and Machines ($1.45M).

During 2018, Hong Kong had a large net trade with Tanzania in the exports of Machines ($24.1M), Transportation ($17.9M), and Mineral Products ($12.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Hong Kong+$92.8MGold

Top Product Potential Hong Kong Tanzania+$6.1MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Hong Kong () (2023)

Exports from Hong Kong () to Tanzania () (2023)

Latest Data

Trade between Tanzania () and Hong Kong ()

Tanzania Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Tanzania () (2023)

Comparative Advantage Tanzania - Hong Kong

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 Hong Kong () (2023)

Keep Exploring