Tanzania2021 Economic Complexity Trade : -1.09, Rank 111 of 131
2021 Economic Complexity Research : 0.084, Rank 55 of 140
2021 Product Exports | Imports: $8.56B | $15B, 104 of 226 | 92 of 226
2021 Per Capita Product Exports | Imports: $139 | $244, 193 of 219 | 200 of 219
Overview In 2021, Tanzania was the number 74 economy in the world in terms of GDP (current US$), the number 104 in total exports, the number 92 in total imports, the number 159 economy in terms of GDP per capita (current US$) and the number 111 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Tanzania are Gold ($3.14B), Raw Copper ($815M), Dried Legumes ($321M), Rice ($315M), and Refined Copper ($224M), exporting mostly to India ($1.86B), United Arab Emirates ($1.34B), South Africa ($922M), Switzerland ($568M), and Kenya ($480M).
Imports The top imports of Tanzania are Refined Petroleum ($2.41B), Palm Oil ($480M), Packaged Medicaments ($360M), Coated Flat-Rolled Iron ($251M), and Hot-Rolled Iron ($246M), importing mostly from China ($5.14B), India ($1.63B), United Arab Emirates ($1.56B), Saudi Arabia ($866M), and South Africa ($444M).
Location Tanzania borders Burundi, Democratic Republic of the Congo, Kenya, Malawi, Mozambique, Rwanda, Uganda, and Zambia by land and Comoros and Seychelles by sea.
The following section uses the most recent trade data from partners of Tanzania.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
In 2021, Tanzania exported a total of $8.56B, making it the number 104 exporter in the world. During the last five reported years the exports of Tanzania have changed by $2.55B from $6B in 2016 to $8.56B in 2021.
The most recent exports are led by Gold ($3.14B), Raw Copper ($815M), Dried Legumes ($321M), Rice ($315M), and Refined Copper ($224M). The most common destination for the exports of Tanzania are India ($1.86B), United Arab Emirates ($1.34B), South Africa ($922M), Switzerland ($568M), and Kenya ($480M).
Fastest Growing Export Markets (2020 - 2021)
Fastest Growing Import Markets (2020 - 2021)
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).
Tanzania has a high level of specialization in Raw Copper (124), Other Oily Seeds (64.4), Dried Legumes (58.6), Coconuts, Brazil Nuts, and Cashews (52.5), and Coconut and Other Vegetable Fibers (52.4). Specialization is measured using RCA, an index that takes the ratio between Tanzania observed and expected exports in each product.
The highest complexity exports of Tanzania according to the product complexity index (PCI) are Inorganic acids and other inorganic oxygen compounds of non-metals; n.e.c. in heading... (0.33), Chlorides; chloride oxides and chloride hydroxides; bromides and bromide oxides; iodides and... (0.3), Cosmetic and toilet preparations; beauty, make-up and skin care preparations (excluding medicaments,... (0.23), Hair preparations; for use on the hair (0.21), and shape; handkerchiefs, tissues, towels, serviettes, bed sheets and similar household or hospital... (0.17). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Tanzania according to the relatedness index, were Crustaceans (0.21), Other Ores (0.21), Raw Sugar (0.21), Bananas (0.21), and Crude Petroleum (0.21). 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 a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.
During the last 20 years Tanzania's economy has become relatively less complex, moving from the nullth to the 111th 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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