2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
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2023
Flag
 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 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
$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Tanzania-Nepal Trade: In 2023, Tanzania exported $1M to Nepal. The main products that Tanzania exported to Nepal were Dried Legumes ($733k), Vaccines, blood, antisera, toxins and cultures ($268k), and Halides ($4.23k). Over the past 5 years the exports of Tanzania to Nepal have decreased at an annualized rate of 9.42%, from $1.65M in 2018 to $1M in 2023.

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

Nepal-Tanzania Trade: In 2023, Nepal exported $34.5k to Tanzania. The main products that Nepal exported to Tanzania were Refrigerators ($7.62k), Awnings, Tents, and Sails ($5.54k), and Used Clothing ($3.75k). Over the past 5 years the exports of Nepal to Tanzania have increased at an annualized rate of 3.24%,  from $29.4k in 2018 to $34.5k in 2023.

In 2023, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $1M to Nepal. The main products exported from Tanzania to Nepal were Dried Legumes ($733k), Vaccines, blood, antisera, toxins and cultures ($268k), and Halides ($4.23k). During the last 5 years the exports of Tanzania to Nepal have decreased at an annualized rate of 9.42%, from $1.65M in 2018 to $1M in 2023.

In 2018, Nepal exported $34.5k to Tanzania. The main products exported from Nepal to Tanzania were Refrigerators ($7.62k), Awnings, Tents, and Sails ($5.54k), and Used Clothing ($3.75k). During the last 5 years the exports of Nepal to Tanzania have increased at an annualized rate of 3.24%, from $29.4k in 2023 to $34.5k in 2018.

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

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

Latest Data

Trade between Tanzania (Flag) and Nepal (Flag)

Tanzania Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Nepal
Top Destination
India$811M

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

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

In 2023, countries that imported more from Nepal than Tanzania included Australia ($12.5M), Norway ($2.85M), and Austria ($4.09M).

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

Comparative Advantage Tanzania - Nepal

Flow
Scale

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

During 2023, Tanzania had a large net trade with Nepal in the exports of Vegetable Products ($733k) and Chemical Products ($272k).

During 2018, Nepal had a large net trade with Tanzania in the exports of Textiles ($12.7k), Machines ($9.28k), and Miscellaneous ($4.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Nepal+$194kOther Oily Seeds
Top Product Potential Nepal Tanzania+$30.4kNon-Knit Women's Suits

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

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

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

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