2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 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

Norway-Tanzania Trade: In 2022, Norway exported $35.7M to Tanzania. The main products that Norway exported to Tanzania were Surveying Equipment ($17.6M), Mixed Mineral or Chemical Fertilizers ($8.32M), and Newsprint ($4.59M). Over the past 5 years the exports of Norway to Tanzania have increased at an annualized rate of 23.8%, from $12.3M in 2017 to $35.7M in 2022.

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

Tanzania-Norway Trade: In 2022, Tanzania exported $1.11M to Norway. The main products that Tanzania exported to Norway were Iron Pipe Fittings ($117k), Plant foliage ($95.8k), and Toilet Paper ($93.4k). Over the past 5 years the exports of Tanzania to Norway have decreased at an annualized rate of 3.84%,  from $2.07M in 2017 to $1.11M in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). 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, Norway exported $35.7M to Tanzania. The main products exported from Norway to Tanzania were Surveying Equipment ($17.6M), Mixed Mineral or Chemical Fertilizers ($8.32M), and Newsprint ($4.59M). During the last 5 years the exports of Norway to Tanzania have increased at an annualized rate of 23.8%, from $12.3M in 2017 to $35.7M in 2022.

In 2017, Tanzania exported $1.11M to Norway. The main products exported from Tanzania to Norway were Iron Pipe Fittings ($117k), Plant foliage ($95.8k), and Toilet Paper ($93.4k). During the last 5 years the exports of Tanzania to Norway have decreased at an annualized rate of 3.84%, from $2.07M in 2022 to $1.11M in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Tanzania
Top Destination
India$2.73B

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

In 2022, countries that imported more from Norway than Tanzania included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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

Comparative Advantage Norway - Tanzania

Flow
Scale

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

During 2022, Norway had a large net trade with Tanzania in the exports of Instruments ($17.7M), Chemical Products ($11.3M), and Paper Goods ($4.61M).

During 2017, Tanzania had a large net trade with Norway in the exports of Vegetable Products ($615k), Metals ($165k), and Paper Goods ($117k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Tanzania+$3.31MRefined Petroleum
Top Product Potential Tanzania Norway+$198kCoffee

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

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

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