2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Tanzania-Oman Trade: In 2023, Tanzania exported $91.5M to Oman. The main products that Tanzania exported to Oman were Refined Copper ($74M), Bran ($6.88M), and Sheep and Goat Meat ($5.14M). Over the past 5 years the exports of Tanzania to Oman have increased at an annualized rate of 1.29%, from $85.8M in 2018 to $91.5M in 2023.

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

Oman-Tanzania Trade: In 2023, Oman exported $136M to Tanzania. The main products that Oman exported to Tanzania were Refined Petroleum ($76.4M), Antiknock ($22.5M), and Cyclic Hydrocarbons ($11.3M). Over the past 5 years the exports of Oman to Tanzania have increased at an annualized rate of 21%,  from $52.2M in 2018 to $136M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $91.5M to Oman. The main products exported from Tanzania to Oman were Refined Copper ($74M), Bran ($6.88M), and Sheep and Goat Meat ($5.14M). During the last 5 years the exports of Tanzania to Oman have increased at an annualized rate of 1.29%, from $85.8M in 2018 to $91.5M in 2023.

In 2018, Oman exported $136M to Tanzania. The main products exported from Oman to Tanzania were Refined Petroleum ($76.4M), Antiknock ($22.5M), and Cyclic Hydrocarbons ($11.3M). During the last 5 years the exports of Oman to Tanzania have increased at an annualized rate of 21%, from $52.2M in 2023 to $136M in 2018.

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

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

Latest Data

Trade between Tanzania (Flag) and Oman (Flag)

Tanzania Exports

Oman Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Tanzania than Oman included Uganda ($1.35B), Switzerland ($461M), and Democratic Republic of the Congo ($313M).

In 2023, countries that imported more from Oman than Tanzania included China ($30.2B), Saudi Arabia ($3.64B), and India ($4.5B).

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

Comparative Advantage Tanzania - Oman

Flow
Scale

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

During 2023, Tanzania had a large net trade with Oman in the exports of Metals ($75M), Foodstuffs ($9.44M), and Animal Products ($5.37M).

During 2018, Oman had a large net trade with Tanzania in the exports of Mineral Products ($79.5M), Chemical Products ($40.8M), and Plastics and Rubbers ($8.97M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Oman+$720kDried Legumes
Top Product Potential Oman Tanzania+$14MRefined 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

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

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

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