2022
Exports
$38.6MWorld Rnk 29 / 139
Flag Rnk 35 / 1032
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$14.3MWorld Rnk 68 / 200
Flag Rnk 223 / 1172
2022
ECONOMIC COMPLEXITY of Tanzania
-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $38.6M in Soybeans, making it the 29th largest exporter of Soybeans in the world. At the same year, Soybeans was the 35th most exported product in Tanzania. The main destination of Soybeans exports from Tanzania are: India ($13.2M), Rwanda ($11.1M), China ($9.4M), Canada ($1.51M), and Italy ($1.16M).

The fastest growing export markets for Soybeans of Tanzania between 2021 and 2022 were China ($8.81M), Rwanda ($3.49M), and Democratic Republic of the Congo ($395k).

Imports In 2022, Tanzania imported $14.3M in Soybeans, becoming the 68th largest importer of Soybeans in the world. At the same year, Soybeans was the 223rd most imported product in Tanzania. Tanzania imports Soybeans primarily from: Malawi ($13.4M), Zambia ($886k), Burundi ($1.5k), Spain ($363), and Brazil ($100).

The fastest growing import markets in Soybeans for Tanzania between 2021 and 2022 were Spain ($363) and Brazil ($100).

Latest Trends

Sep 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 Soybeans. 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 (2022)$38.6M
IMPORTS (2022)$14.3M
NET TRADE (2022)$24.3M

In 2022, Tanzania exported $38.6M in Soybeans. The main destinations of Tanzania exports on Soybeans were India ($13.2M), Rwanda ($11.1M), China ($9.4M), Canada ($1.51M), and Italy ($1.16M).

In 2022, Tanzania imported $14.3M in Soybeans, mainly from Malawi ($13.4M), Zambia ($886k), Burundi ($1.5k), Spain ($363), and Brazil ($100).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):
China$8.81M (1.49k%)
Rwanda$3.49M (45.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Tanzania WERE (2021 - 2022):
India-$77.6M (-85.5%)
Italy-$262k (-18.4%)
Kenya-$166k (-34.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Tanzania's main exporting competitors in Soybeans were:
In 2022, Tanzania's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $19.5M
TOP IMPORT POTENTIALBrazil+ $5.69k

Soybeans’s highest export potential is China. With an export gap of $19.5M.   Soybeans’s highest import potential is Brazil with an import gap of $5.69k.

See methodology.

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