2023
Exports
$348MWorld Rnk 33 / 147
Flag Rnk 4 / 1018
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$1.4MWorld Rnk 81 / 184
Flag Rnk 542 / 1165
2023
ECONOMIC COMPLEXITY of Tanzania
-1.13Rnk 116 / 132

About

Exports In 2023, Tanzania exported $348M in Refined Copper, making it the 33rd largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 4th most exported product in Tanzania. The main destination of Refined Copper exports from Tanzania are: Bulgaria ($106M), Oman ($74M), China ($53.5M), Thailand ($50.9M), and Malaysia ($29.1M).

The fastest growing export markets for Refined Copper of Tanzania between 2022 and 2023 were Bulgaria ($72M), Oman ($31.4M), and Malaysia ($22.9M).

Imports In 2023, Tanzania imported $1.4M in Refined Copper, becoming the 81st largest importer of Refined Copper in the world. At the same year, Refined Copper was the 542nd most imported product in Tanzania. Tanzania imports Refined Copper primarily from: Zambia ($1.31M), South Africa ($68.4k), Australia ($11k), United Arab Emirates ($4.52k), and Turkey ($3.26k).

The fastest growing import markets in Refined Copper for Tanzania between 2022 and 2023 were Zambia ($1.31M), South Africa ($12.6k), and Australia ($11k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Copper. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$348M
IMPORTS (2023)$1.4M
NET TRADE (2023)$346M

In 2023, Tanzania exported $348M in Refined Copper. The main destinations of Tanzania exports on Refined Copper were Bulgaria ($106M), Oman ($74M), China ($53.5M), Thailand ($50.9M), and Malaysia ($29.1M).

In 2023, Tanzania imported $1.4M in Refined Copper, mainly from Zambia ($1.31M), South Africa ($68.4k), Australia ($11k), United Arab Emirates ($4.52k), and Turkey ($3.26k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Tanzania WERE (2022 - 2023):
Bulgaria$72M (212%)
Oman$31.4M (73.6%)
Malaysia$22.9M (370%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Tanzania WERE (2022 - 2023):
India-$202M (-100%)
Chinese Taipei-$17.2M (-100%)
China-$12.3M (-18.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Tanzania's main exporting competitors in Refined Copper were:
In 2023, Tanzania's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $49.4M
TOP IMPORT POTENTIALSouth Africa+ $56.6k

Refined Copper’s highest export potential is China. With an export gap of $49.4M.   Refined Copper’s highest import potential is South Africa with an import gap of $56.6k.

See methodology.

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