2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
Flag
 GDP
$75.7BCURRENT US$
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2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
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About

Nepal-Tanzania Trade: In 2022, Nepal exported $17.2k to Tanzania. The main products that Nepal exported to Tanzania were Non-Knit Men's Suits ($7.13k), Non-Knit Women's Suits ($5.3k), and Awnings, Tents, and Sails ($2.57k). Over the past 5 years the exports of Nepal to Tanzania have decreased at an annualized rate of 57.7%, from $1.27M in 2017 to $17.2k in 2022.

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

Tanzania-Nepal Trade: In 2022, Tanzania exported $6.61M to Nepal. The main products that Tanzania exported to Nepal were Dried Legumes ($6.23M), Dried Vegetables ($232k), and Soybeans ($72.4k). Over the past 5 years the exports of Tanzania to Nepal have increased at an annualized rate of 44.6%,  from $1.04M in 2017 to $6.61M in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index. 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, Nepal exported $17.2k to Tanzania. The main products exported from Nepal to Tanzania were Non-Knit Men's Suits ($7.13k), Non-Knit Women's Suits ($5.3k), and Awnings, Tents, and Sails ($2.57k). During the last 5 years the exports of Nepal to Tanzania have decreased at an annualized rate of 57.7%, from $1.27M in 2017 to $17.2k in 2022.

In 2017, Tanzania exported $6.61M to Nepal. The main products exported from Tanzania to Nepal were Dried Legumes ($6.23M), Dried Vegetables ($232k), and Soybeans ($72.4k). During the last 5 years the exports of Tanzania to Nepal have increased at an annualized rate of 44.6%, from $1.04M in 2022 to $6.61M in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Tanzania (Flag)

Tanzania Exports

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Tanzania
Top Destination
India$2.73B

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

In 2022, countries that imported more from Nepal than Tanzania included Central African Republic ($8.88M), Australia ($13.8M), and Bhutan ($3.99M).

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

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

Comparative Advantage Nepal - Tanzania

Flow
Scale

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

During 2022, Nepal had a large net trade with Tanzania in the exports of Textiles ($17k), Transportation ($101), and Animal Hides ($61).

During 2017, Tanzania had a large net trade with Nepal in the exports of Vegetable Products ($6.59M) and Textiles ($19.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Tanzania+$30.4kNon-Knit Women's Suits
Top Product Potential Tanzania Nepal+$194kOther Oily Seeds

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

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

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