2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 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 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 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

Norway-Tanzania Trade: In 2023, Norway exported $16.9M to Tanzania. The main products that Norway exported to Tanzania were Newsprint ($7.21M), Broadcasting Equipment ($3.38M), and Refined Petroleum ($2.77M). Over the past 5 years the exports of Norway to Tanzania have decreased at an annualized rate of 27.4%, from $83.8M in 2018 to $16.9M in 2023.

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

Tanzania-Norway Trade: In 2023, Tanzania exported $800k to Norway. The main products that Tanzania exported to Norway were Coffee ($218k), Other Oily Seeds ($144k), and Tropical Fruits ($100k). Over the past 5 years the exports of Tanzania to Norway have decreased at an annualized rate of 51.1%,  from $28.5M in 2018 to $800k in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). 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, Norway exported $16.9M to Tanzania. The main products exported from Norway to Tanzania were Newsprint ($7.21M), Broadcasting Equipment ($3.38M), and Refined Petroleum ($2.77M). During the last 5 years the exports of Norway to Tanzania have decreased at an annualized rate of 27.4%, from $83.8M in 2018 to $16.9M in 2023.

In 2018, Tanzania exported $800k to Norway. The main products exported from Tanzania to Norway were Coffee ($218k), Other Oily Seeds ($144k), and Tropical Fruits ($100k). During the last 5 years the exports of Tanzania to Norway have decreased at an annualized rate of 51.1%, from $28.5M in 2023 to $800k in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Tanzania
Top Destination
India$1.74B

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 2023, countries that imported more from Norway than Tanzania included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Tanzania than Norway included Uganda ($1.35B), United Arab Emirates ($1.62B), and South Africa ($1.15B).

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

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 2023, Norway had a large net trade with Tanzania in the exports of Paper Goods ($7.22M), Machines ($4.17M), and Mineral Products ($2.77M).

During 2018, Tanzania had a large net trade with Norway in the exports of Vegetable Products ($698k), Metals ($37.1k), and Machines ($17k).

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) (2023)

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