2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 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

Italy-Tanzania Trade: In 2023, Italy exported $163M to Tanzania. The main products that Italy exported to Tanzania were Nitrogenous Fertilizers ($15.5M), Rubberworking Machinery ($10.2M), and Paper Containers ($8.64M). Over the past 5 years the exports of Italy to Tanzania have increased at an annualized rate of 6.55%, from $119M in 2018 to $163M in 2023.

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

Tanzania-Italy Trade: In 2023, Tanzania exported $90M to Italy. The main products that Tanzania exported to Italy were Coffee ($60.3M), Fish Fillets ($6.97M), and Precious Stones ($5.59M). Over the past 5 years the exports of Tanzania to Italy have increased at an annualized rate of 10.9%,  from $53.6M in 2018 to $90M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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, Italy exported $163M to Tanzania. The main products exported from Italy to Tanzania were Nitrogenous Fertilizers ($15.5M), Rubberworking Machinery ($10.2M), and Paper Containers ($8.64M). During the last 5 years the exports of Italy to Tanzania have increased at an annualized rate of 6.55%, from $119M in 2018 to $163M in 2023.

In 2018, Tanzania exported $90M to Italy. The main products exported from Tanzania to Italy were Coffee ($60.3M), Fish Fillets ($6.97M), and Precious Stones ($5.59M). During the last 5 years the exports of Tanzania to Italy have increased at an annualized rate of 10.9%, from $53.6M in 2023 to $90M in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Italy than Tanzania included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Tanzania than Italy included Uganda ($1.35B), Zambia ($310M), and Democratic Republic of the Congo ($313M).

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

Comparative Advantage Italy - Tanzania

Flow
Scale

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

During 2023, Italy had a large net trade with Tanzania in the exports of Machines ($65.5M), Chemical Products ($37.6M), and Paper Goods ($15.6M).

During 2018, Tanzania had a large net trade with Italy in the exports of Vegetable Products ($61.4M), Animal Products ($10.2M), and Precious Metals ($6.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Tanzania+$9.3MVaccines, blood, antisera, toxins and cultures
Top Product Potential Tanzania Italy+$13.3MCoffee

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

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

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