Tanzania2020 Economic Complexity : -0.65, Rank 86 of 127
2020 Product Exports | Imports: $5.91B | $12.1B, 107 of 226 | 87 of 226
2020 Per Capita Product Exports | Imports: $99 | $203, 198 of 219 | 200 of 219
2018 Service Exports | Imports : $4.01B | $2.13B, 83 of 138 | 97 of 138
Overview In 2020, Tanzania was the number 75 economy in the world in terms of GDP (current US$), the number 107 in total exports, the number 87 in total imports, the number 179 economy in terms of GDP per capita (current US$) and the number 86 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Tanzania are Gold ($2.36B), Coconuts, Brazil Nuts, and Cashews ($386M), Raw Copper ($345M), Precious Metal Ore ($343M), and Dried Legumes ($208M), exporting mostly to India ($891M), United Arab Emirates ($866M), Switzerland ($796M), Uganda ($734M), and China ($388M).
Imports The top imports of Tanzania are Refined Copper ($1.55B), Refined Petroleum ($730M), Packaged Medicaments ($368M), Palm Oil ($302M), and Wheat ($219M), importing mostly from China ($4.17B), Democratic Republic of the Congo ($1.67B), India ($1.41B), United Arab Emirates ($788M), and South Africa ($336M).
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 2020, Tanzania exported a total of $5.91B, making it the number 107 exporter in the world. During the last five reported years the exports of Tanzania have changed by -$528M from $6.44B in 2015 to $5.91B in 2020.
The most recent exports are led by Gold ($2.36B), Coconuts, Brazil Nuts, and Cashews ($386M), Raw Copper ($345M), Precious Metal Ore ($343M), and Dried Legumes ($208M). The most common destination for the exports of Tanzania are India ($891M), United Arab Emirates ($866M), Switzerland ($796M), Uganda ($734M), and China ($388M).
Fastest Growing Export Markets (2019 - 2020)
Fastest Growing Import Markets (2019 - 2020)
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 Tin Ores (175), Coconut and Other Vegetable Fibers (138), Coconuts, Brazil Nuts, and Cashews (127), Precious Metal Ore (96.3), and Quicklime (92.7). 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 Cleaning Products (0.012), Coated Flat-Rolled Iron (-0.041), Petroleum Jelly (-0.16), Labels (-0.28), and Kraft Paper (-0.35). 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, are Insect Resins (0.19), Other Ores (0.19), Palm Oil (0.18), Crustaceans (0.17), and Raw Sugar (0.17). 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 86th 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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