2023
Exports
$393MWorld Rnk 76 / 214
Flag Rnk 2 / 1018
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$3.19BWorld Rnk 68 / 226
Flag Rnk 1 / 1165
2023
ECONOMIC COMPLEXITY of Tanzania
-1.13Rnk 116 / 132

About

Exports In 2023, Tanzania exported $393M in Refined Petroleum, making it the 76th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Tanzania. The main destination of Refined Petroleum exports from Tanzania are: Zambia ($229M), Malawi ($156M), Uganda ($3.51M), Kenya ($1.99M), and Democratic Republic of the Congo ($1.67M).

The fastest growing export markets for Refined Petroleum of Tanzania between 2022 and 2023 were Zambia ($222M), Malawi ($156M), and Iceland ($254k).

Imports In 2023, Tanzania imported $3.19B in Refined Petroleum, becoming the 68th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Tanzania. Tanzania imports Refined Petroleum primarily from: United Arab Emirates ($1.07B), India ($823M), Saudi Arabia ($693M), Kuwait ($96.4M), and Oman ($76.4M).

The fastest growing import markets in Refined Petroleum for Tanzania between 2022 and 2023 were Saudi Arabia ($319M), Kuwait ($30.4M), and South Korea ($25.1M).

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 Petroleum. 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)$393M
IMPORTS (2023)$3.19B
NET TRADE (2023)-$2.8B

In 2023, Tanzania exported $393M in Refined Petroleum. The main destinations of Tanzania exports on Refined Petroleum were Zambia ($229M), Malawi ($156M), Uganda ($3.51M), Kenya ($1.99M), and Democratic Republic of the Congo ($1.67M).

In 2023, Tanzania imported $3.19B in Refined Petroleum, mainly from United Arab Emirates ($1.07B), India ($823M), Saudi Arabia ($693M), Kuwait ($96.4M), and Oman ($76.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Tanzania WERE (2022 - 2023):
Zambia$222M (3.28k%)
Malawi$156M (1.91M%)
Iceland$254k (789%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Tanzania WERE (2022 - 2023):
Uganda-$39.1M (-91.8%)
Kenya-$401k (-16.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALKenya+ $3.99M
TOP IMPORT POTENTIALSaudi Arabia+ $79.3M

Refined Petroleum’s highest export potential is Kenya. With an export gap of $3.99M.   Refined Petroleum’s highest import potential is Saudi Arabia with an import gap of $79.3M.

See methodology.

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