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Pricing

2022
Flag → Flag
Exports $84.6MRnk 89 / 152
2022
Flag → Flag
Top Product $15.3MBedspreads
2022
Flag → Flag
Exports $165MRnk 13 / 164
2022
Flag → Flag
Top Product $130MCoconuts, Brazil Nuts, and Cashews
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$1,192CURRENT US$
Rnk 163 / 186
2012-2022
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GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Vietnam-Tanzania Trade: In 2022, Vietnam exported $84.6M to Tanzania. The main products that Vietnam exported to Tanzania were Bedspreads ($15.3M), Nitrogenous Fertilizers ($14.3M), and Rice ($8.75M). Over the past 5 years the exports of Vietnam to Tanzania have increased at an annualized rate of 15.3%, from $41.5M in 2017 to $84.6M in 2022.

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

Tanzania-Vietnam Trade: In 2022, Tanzania exported $165M to Vietnam. The main products that Tanzania exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($130M), Bran ($25.4M), and Raw Cotton ($2.55M). Over the past 5 years the exports of Tanzania to Vietnam have decreased at an annualized rate of 13%,  from $330M in 2017 to $165M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $84.6M to Tanzania. The main products exported from Vietnam to Tanzania were Bedspreads ($15.3M), Nitrogenous Fertilizers ($14.3M), and Rice ($8.75M). During the last 5 years the exports of Vietnam to Tanzania have increased at an annualized rate of 15.3%, from $41.5M in 2017 to $84.6M in 2022.

In 2017, Tanzania exported $165M to Vietnam. The main products exported from Tanzania to Vietnam were Coconuts, Brazil Nuts, and Cashews ($130M), Bran ($25.4M), and Raw Cotton ($2.55M). During the last 5 years the exports of Tanzania to Vietnam have decreased at an annualized rate of 13%, from $330M in 2022 to $165M in 2017.

Exports from Vietnam (Flag) to Tanzania (Flag) (2022)

Exports from Tanzania (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Tanzania (Flag)

Tanzania Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Vietnam than Tanzania included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Tanzania than Vietnam included Rwanda ($474M), Kenya ($482M), and Democratic Republic of the Congo ($329M).

Difference in imports from Tanzania (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Tanzania

Flow
Scale

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

During 2022, Vietnam had a large net trade with Tanzania in the exports of Chemical Products ($21.6M), Machines ($16.3M), and Textiles ($15.8M).

During 2017, Tanzania had a large net trade with Vietnam in the exports of Vegetable Products ($132M), Foodstuffs ($26.4M), and Textiles ($3.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Tanzania+$2.94MRice
Top Product Potential Tanzania Vietnam+$3.2MRaw Cotton

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

Product Space of Vietnam (Flag) and Tanzania (Flag) (2022)

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