Flag Tanzania

Econ Complexity (2018): -0.44, Rank 84 of 137

Product Exports (2018): $5.78B, Rank 106 of 222

Exports Per Capita (2018): $103, Rank 38 of 219

Product Imports (2018): $10.9B, Rank 98 of 221

Imports Per Capita (2018): $193, Rank 36 of 219

Service Exports (2018): $4.01B, Rank 47 of 88

Service Imports (2018): $2.13B, Rank 59 of 88

GDP (2018): $58B, CURRENT US$
Rank 80 of 196

GDP growth (2008 - 2018): 108%, CURRENT US$
Rank 26 of 196

GDP PC (2018): $1,061, CURRENT US$
Rank 169 of 196

GDP PC GROWTH (2008 - 2018): 54.4%, CURRENT US$
Rank 41 of 196

Overview: In 2018 Tanzania was the number 80 economy in the world in terms of GDP (current US$), the number 106 in total exports, the number 98 in total imports, and the number 84 most complex economy according to the Economic Complexity Index (ECI). In 2018, Tanzania exported $5.78B and imported $10.9B, resulting in a negative trade balance of -$5.08B. In 2018, Tanzania's exports per capita were $103 and its imports per capita were $193.

Trade: The top exports of Tanzania are Gold ($892M), Raw Tobacco ($333M), Raw Copper ($231M), Refined Copper ($150M), and Other Furniture ($147M). The top imports of Tanzania are Refined Petroleum ($1.77B), Palm Oil ($280M), Packaged Medicaments ($220M), Cars ($191M), and Wheat ($182M).

Destinations: Tanzania exports mostly to Rwanda ($667M), India ($595M), China ($399M), Uganda ($359M), and Democratic Republic of the Congo ($310M), and imports mostly from China ($2.92B), India ($1.62B), United Arab Emirates ($952M), Saudi Arabia ($552M), and South Africa ($504M).

Location: Tanzania borders Burundi, Democratic Republic of the Congo, Kenya, Malawi, Mozambique, Rwanda, Uganda, and Zambia by land and Comoros and Seychelles by sea.

Product Exports

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Value
Depth

Top Export (2018): Gold, $892M

Top Destination (2018): Rwanda, $667M

In 2018 Tanzania exported a total of $5.78B, making it the number 106 exporter in the world. During the last five reported years the exports of Tanzania have changed by $126M from $5.66B in 2013 to $5.78B in 2018.

The most recent exports are led by Gold ($892M), Raw Tobacco ($333M), Raw Copper ($231M), Refined Copper ($150M), and Other Furniture ($147M). The most common destination for the exports of Tanzania are Rwanda ($667M), India ($595M), China ($399M), Uganda ($359M), and Democratic Republic of the Congo ($310M).

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Product Imports

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Value
Depth

Top Import (2018): Refined Petroleum, $1.77B

Top Origin (2018): China, $2.92B

In 2018 Tanzania imported $10.9B, making it the number 98 trade destination in the world. During the last five reported years the imports of Tanzania changed by -$2.69B from $13.6B in 2013 to $10.9B in 2018.

The most recent imports of Tanzania are led by Refined Petroleum ($1.77B), Palm Oil ($280M), Packaged Medicaments ($220M), Cars ($191M), and Wheat ($182M). The most common import partners for Tanzania are China ($2.92B), India ($1.62B), United Arab Emirates ($952M), Saudi Arabia ($552M), and South Africa ($504M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Tanzania Exports Services (2018): $4.01B

Tanzania Imports Services (2018): $2.13B

In 2018, Tanzania exported $4.01B worth of services. The top services exported by Tanzania in 2018 were Personal travel ($2.45B), Transportation ($1.23B), Other business services ($249M), Insurance services ($38.3M), and Computer and information services ($22.2M).

The top services imported by Tanzania in 2018 were Transportation ($844M), Personal travel ($738M), Other business services ($336M), Construction services ($63.1M), and Government services, n.i.e. ($62M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Tanzania. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Tariffs by Product

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The top product import tariffs by their MFN Ad Valorem value for Tanzania are Raw sugar, beet (100%) and Refined sugar, in solid form, flavoured or coloured (100%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

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*The tariffs applied to imports for Tanzania are:
136: Most Favoured Nation duty rate treatement
201: Preferential tariff for East African Community (EAC) (Kenya, Tanzani, Uganda, Rwanda, Burundi)
302: Preferential tariff for South Africa
347: Regional Preferential tariff for SADC countries

Economic Complexity

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Economic Complexity Ranking

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Scale

During the last 15 years Tanzania's⁩ ⁨economy has become relatively more complex, moving from the ⁩⁨100th to the 84th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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Most Specialized Products by RCA Index

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Tanzania has a high level of specialization in Quicklime (261), Bran (129), Letter Stock (95.8), Raw Tobacco (93.1), and Coconut and Other Vegetable Fibers (66.4). Specialization is measured using RCA, an index that takes the ratio between Tanzania observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Tanzania according to the product complexity index (PCI) are Hand-operated spanners, wrenches and sockets (1.64), Drawing, mathematical, length measuring instruments (1.57), Parts and accessories for machine tools (1.52), Machine tools except lathes to drill, bore/mill/thread (1.31), and Flat-rolled alloy steel nes, <600mm wide (1.19). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Tanzania according to the relatedness index, are Insect Resins (0.28), Palm Oil (0.27), Raw Sugar (0.26), Crude Petroleum (0.26), and Bananas (0.26). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Tanzania is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.