2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Denmark-Tanzania Trade: In 2023, Denmark exported $29.8M to Tanzania. The main products that Denmark exported to Tanzania were Refined Petroleum ($4.79M), Industrial Furnaces ($4.48M), and Special Pharmaceuticals ($4.06M). Over the past 5 years the exports of Denmark to Tanzania have decreased at an annualized rate of 4.75%, from $38M in 2018 to $29.8M in 2023.

In 2023, Denmark did not export any services to Tanzania.

Tanzania-Denmark Trade: In 2023, Tanzania exported $9.68M to Denmark. The main products that Tanzania exported to Denmark were Other Processed Fruits and Nuts ($5.3M), Coffee ($1.81M), and Raw Tobacco ($1.52M). Over the past 5 years the exports of Tanzania to Denmark have increased at an annualized rate of 1.37%,  from $9.04M in 2018 to $9.68M in 2023.

In 2023, Tanzania did not export any services to Denmark.

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $29.8M to Tanzania. The main products exported from Denmark to Tanzania were Refined Petroleum ($4.79M), Industrial Furnaces ($4.48M), and Special Pharmaceuticals ($4.06M). During the last 5 years the exports of Denmark to Tanzania have decreased at an annualized rate of 4.75%, from $38M in 2018 to $29.8M in 2023.

In 2018, Tanzania exported $9.68M to Denmark. The main products exported from Tanzania to Denmark were Other Processed Fruits and Nuts ($5.3M), Coffee ($1.81M), and Raw Tobacco ($1.52M). During the last 5 years the exports of Tanzania to Denmark have increased at an annualized rate of 1.37%, from $9.04M in 2023 to $9.68M in 2018.

Exports from Denmark (Flag) to Tanzania (Flag) (2023)

Exports from Tanzania (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Tanzania (Flag)

Denmark Exports

Tanzania Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Denmark than Tanzania included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Tanzania than Denmark included Uganda ($1.35B), United Arab Emirates ($1.62B), and India ($1.74B).

Difference in imports from Tanzania (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Tanzania

Flow
Scale

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

During 2023, Denmark had a large net trade with Tanzania in the exports of Machines ($10.5M), Chemical Products ($7.3M), and Mineral Products ($4.79M).

During 2018, Tanzania had a large net trade with Denmark in the exports of Foodstuffs ($6.83M), Vegetable Products ($2.05M), and Chemical Products ($245k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Tanzania+$4.2MRefined Petroleum
Top Product Potential Tanzania Denmark+$1.01MCoffee

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 Denmark and Tanzania. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Denmark.

Product Space of Denmark (Flag) and Tanzania (Flag) (2023)

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