Peru (PER) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Peru-Tanzania Trade: In 2022, Peru exported $699k to Tanzania. The main products that Peru exported to Tanzania were Other Construction Vehicles ($612k), Detonating Fuses ($45.6k), and Iron Pipes ($32.7k). Over the past 5 years the exports of Peru to Tanzania have increased at an annualized rate of 102%, from $20.9k in 2017 to $699k in 2022.

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

Tanzania-Peru Trade: In 2022, Tanzania exported $137k to Peru. The main products that Tanzania exported to Peru were Tea ($104k), Sowing Seeds ($31.8k), and Motor vehicles; parts and accessories (8701 to 8705) ($460). Over the past 5 years the exports of Tanzania to Peru have increased at an annualized rate of 51.6%, from $7.42k in 2017 to $137k in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $699k to Tanzania. The main products exported from Peru to Tanzania were Other Construction Vehicles ($612k), Detonating Fuses ($45.6k), and Iron Pipes ($32.7k). During the last 5 years the exports of Peru to Tanzania have increased at an annualized rate of 102%, from $20.9k in 2017 to $699k in 2022.

In 2017, Tanzania exported $137k to Peru. The main products exported from Tanzania to Peru were Tea ($104k), Sowing Seeds ($31.8k), and Motor vehicles; parts and accessories (8701 to 8705) ($460). During the last 5 years the exports of Tanzania to Peru have increased at an annualized rate of 51.6%, from $7.42k in 2022 to $137k in 2017.

Exports from Peru () to Tanzania () (2022)

Exports from Tanzania () to Peru () (2022)

Latest Data

Trade between Peru () and Tanzania ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Peru than Tanzania included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Tanzania than Peru included South Africa ($939M), India ($2.73B), and Kenya ($482M).

Difference in imports from Tanzania () and Peru () (2022)

Comparative Advantage Peru - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Tanzania in the exports of Machines ($613k), Chemical Products ($45.6k), and Metals ($33.1k).

During 2017, Tanzania had a large net trade with Peru in the exports of Vegetable Products ($136k), Transportation ($460), and Textiles ($76).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Tanzania+$116kOther Construction Vehicles

Top Product Potential Tanzania Peru+$85.9kTea

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Tanzania () (2022)

Exports from Tanzania () to Peru () (2022)

Latest Data

Trade between Peru () and Tanzania ()

Peru Exports

Market Competitiveness

Difference in imports from Tanzania () and Peru () (2022)

Comparative Advantage Peru - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Tanzania () (2022)

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