2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Armenia-Tanzania Trade: In 2022, Armenia exported $17.3k to Tanzania. The main products that Armenia exported to Tanzania were Video and Card Games ($9k), Liquid Pumps ($2.12k), and Other Electrical Machinery ($1.71k). Over the past 5 years the exports of Armenia to Tanzania have decreased at an annualized rate of 11.8%, from $32.5k in 2017 to $17.3k in 2022.

In 2022, Armenia did not export any services to Tanzania.

Tanzania-Armenia Trade: In 2022, Tanzania exported $1.05M to Armenia. The main products that Tanzania exported to Armenia were Sowing Seeds ($887k), Cocoa Beans ($116k), and Coffee ($15.8k). Over the past 5 years the exports of Tanzania to Armenia have increased at an annualized rate of 15.5%,  from $512k in 2017 to $1.05M in 2022.

In 2022, Tanzania did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $17.3k to Tanzania. The main products exported from Armenia to Tanzania were Video and Card Games ($9k), Liquid Pumps ($2.12k), and Other Electrical Machinery ($1.71k). During the last 5 years the exports of Armenia to Tanzania have decreased at an annualized rate of 11.8%, from $32.5k in 2017 to $17.3k in 2022.

In 2017, Tanzania exported $1.05M to Armenia. The main products exported from Tanzania to Armenia were Sowing Seeds ($887k), Cocoa Beans ($116k), and Coffee ($15.8k). During the last 5 years the exports of Tanzania to Armenia have increased at an annualized rate of 15.5%, from $512k in 2022 to $1.05M in 2017.

Exports from Armenia (Flag) to Tanzania (Flag) (2022)

Exports from Tanzania (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Tanzania (Flag)

Armenia Exports

Tanzania Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Tanzania
Top Destination
India$2.73B

This map shows whether countries import more from Armenia or Tanzania. Each country is colored based on the difference in imports they receive from Armenia and Tanzania or the difference in the growth in imports.

In 2022, countries that imported more from Armenia than Tanzania included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2022, countries that imported more from Tanzania than Armenia included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

Difference in imports from Tanzania (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Tanzania

Flow
Scale

This chart compares trade between Armenia and Tanzania by product, considering products traded by both, Armenia and Tanzania.

During 2022, Armenia had a large net trade with Tanzania in the exports of Miscellaneous ($9k), Machines ($5.97k), and Chemical Products ($1.68k).

During 2017, Tanzania had a large net trade with Armenia in the exports of Vegetable Products ($929k), Foodstuffs ($117k), and Precious Metals ($4.33k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Tanzania+$12.2kVideo and Card Games
Top Product Potential Tanzania Armenia+$66.7kCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Armenia and Tanzania. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Tanzania (Flag) (2022)

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