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Pricing

2022
Flag → Flag
Exports $5.15MRnk 137 / 208
2022
Flag → Flag
Top Product $894kEthylene Polymers
2022
Flag → Flag
Exports $20MRnk 42 / 164
2022
Flag → Flag
Top Product $5.16MProcessed Crustaceans
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Portugal-Tanzania Trade: In 2022, Portugal exported $5.15M to Tanzania. The main products that Portugal exported to Tanzania were Ethylene Polymers ($894k), Iron Gas Containers ($767k), and Confectionery Sugar ($711k). Over the past 5 years the exports of Portugal to Tanzania have decreased at an annualized rate of 7.82%, from $7.73M in 2017 to $5.15M in 2022.

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

Tanzania-Portugal Trade: In 2022, Tanzania exported $20M to Portugal. The main products that Tanzania exported to Portugal were Processed Crustaceans ($5.16M), Molluscs ($4.31M), and Coffee ($3.02M). Over the past 5 years the exports of Tanzania to Portugal have decreased at an annualized rate of 2.53%,  from $22.8M in 2017 to $20M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €11.9k and imported €1.52M from Tanzania, resulting in a negative trade balance of €1.51M. Between June 2023 and June 2024 the exports of Portugal have decreased by €-74.5k (-86.3%) from €86.3k to €11.9k, while imports increased by €309k (25.5%) from €1.21M to €1.52M.

Trade In June 2024, the top exports of Portugal to Tanzania were Plastics & articles thereof (€33.5k), Paper articles (€20.2k), Electrical machinery and electronics (€18.1k), Machinery, mechanical appliances, & parts (€6.55k), and Rubber & articles thereof (€2.54k). In June 2024 the top imports of Portugal from Tanzania were Fish, crustaceans, & molluscs (€1.15M), Cotton (€352k), Coffee, tea, mate & spices (€100k), Edible vegetables, roots, & tubers (€75.2k), and Non-knitted clothing accesories (€65).

Growth In June 2024, the decrease in Portugal's year-by-year exports to Tanzania was explained primarily by an decrease in product exports in Stone, plaster, cement, asbestos, mica. (€-82.9k or -100%), Sugars & confectioneries (€-60.8k or -100%), and Machinery, mechanical appliances, & parts (€-48.6k or -88.1%). In June 2024, the increase in Portugal's year-by-year imports  from Tanzania was explained primarily by an increase in product imports  in Fish, crustaceans, & molluscs (€658k or 134%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-74.5k(-86.3%)
IMPORT GROWTH (June 2023 - June 2024)€309k(25.5%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Tanzania and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Tanzania and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $5.15M to Tanzania. The main products exported from Portugal to Tanzania were Ethylene Polymers ($894k), Iron Gas Containers ($767k), and Confectionery Sugar ($711k). During the last 5 years the exports of Portugal to Tanzania have decreased at an annualized rate of 7.82%, from $7.73M in 2017 to $5.15M in 2022.

In 2017, Tanzania exported $20M to Portugal. The main products exported from Tanzania to Portugal were Processed Crustaceans ($5.16M), Molluscs ($4.31M), and Coffee ($3.02M). During the last 5 years the exports of Tanzania to Portugal have decreased at an annualized rate of 2.53%, from $22.8M in 2022 to $20M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Portugal than Tanzania included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Tanzania

Flow
Scale

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

During 2022, Portugal had a large net trade with Tanzania in the exports of Machines ($1.12M), Plastics and Rubbers ($1.12M), and Metals ($893k).

During 2017, Tanzania had a large net trade with Portugal in the exports of Animal Products ($8.86M), Foodstuffs ($5.61M), and Vegetable Products ($3.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Tanzania+$678kEthylene Polymers
Top Product Potential Tanzania Portugal+$2.44MCoffee

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

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

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