2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 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 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 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

Spain-Tanzania Trade: In 2023, Spain exported $88.3M to Tanzania. The main products that Spain exported to Tanzania were Petroleum Coke ($11M), Industrial Food Preperation Machinery ($9.68M), and Mixed Mineral or Chemical Fertilizers ($5.16M). Over the past 5 years the exports of Spain to Tanzania have increased at an annualized rate of 15.4%, from $43.1M in 2018 to $88.3M in 2023.

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

Tanzania-Spain Trade: In 2023, Tanzania exported $45.2M to Spain. The main products that Tanzania exported to Spain were Coal Briquettes ($13.8M), Fish Fillets ($7.42M), and Non-fillet Frozen Fish ($4.8M). Over the past 5 years the exports of Tanzania to Spain have increased at an annualized rate of 10.4%,  from $27.6M in 2018 to $45.2M in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). 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, Spain exported $88.3M to Tanzania. The main products exported from Spain to Tanzania were Petroleum Coke ($11M), Industrial Food Preperation Machinery ($9.68M), and Mixed Mineral or Chemical Fertilizers ($5.16M). During the last 5 years the exports of Spain to Tanzania have increased at an annualized rate of 15.4%, from $43.1M in 2018 to $88.3M in 2023.

In 2018, Tanzania exported $45.2M to Spain. The main products exported from Tanzania to Spain were Coal Briquettes ($13.8M), Fish Fillets ($7.42M), and Non-fillet Frozen Fish ($4.8M). During the last 5 years the exports of Tanzania to Spain have increased at an annualized rate of 10.4%, from $27.6M in 2023 to $45.2M in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Spain than Tanzania included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Tanzania than Spain included Uganda ($1.35B), Zambia ($310M), and Kenya ($334M).

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

Comparative Advantage Spain - Tanzania

Flow
Scale

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

During 2023, Spain had a large net trade with Tanzania in the exports of Machines ($27.9M), Chemical Products ($15.9M), and Mineral Products ($13M).

During 2018, Tanzania had a large net trade with Spain in the exports of Mineral Products ($13.8M), Animal Products ($12.4M), and Vegetable Products ($6.82M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Tanzania+$2.12MUnglazed Ceramics
Top Product Potential Tanzania Spain+$20MGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with