NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $2.82MRnk 148 / 211
2023
Flag → Flag
Top Product $237kOther Furniture
2023
Flag → Flag
Exports $22.5MRnk 43 / 163
2023
Flag → Flag
Top Product $8.36MProcessed Crustaceans
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.13Rnk 116 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH27.1%CURRENT US$
Rnk 83 / 195

About

Portugal-Tanzania Trade: In 2023, Portugal exported $2.82M to Tanzania. The main products that Portugal exported to Tanzania were Other Furniture ($237k), Special purpose motor vehicles ($204k), and Abrasive Powder ($202k). Over the past 5 years the exports of Portugal to Tanzania have decreased at an annualized rate of 26.2%, from $12.9M in 2018 to $2.82M in 2023.

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

Tanzania-Portugal Trade: In 2023, Tanzania exported $22.5M to Portugal. The main products that Tanzania exported to Portugal were Processed Crustaceans ($8.36M), Molluscs ($5.27M), and Coffee ($3.14M). Over the past 5 years the exports of Tanzania to Portugal have decreased at an annualized rate of 3.02%,  from $26.3M in 2018 to $22.5M in 2023.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €211k and imported €1.52M from Tanzania, resulting in a negative trade balance of €1.31M. Between November 2023 and November 2024 the exports of Portugal have increased by €11.6k (5.83%) from €199k to €211k, while imports increased by €457k (42.8%) from €1.07M to €1.52M.

Trade In November 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 November 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 November 2024, the increase in Portugal's year-by-year exports to Tanzania was explained primarily by an increase in product exports in Electrical machinery and electronics (€11.8k or 190%) and Rubber & articles thereof (€873 or 52.3%). In November 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 (November 2023 - November 2024)€11.6k(5.83%)
IMPORT GROWTH (November 2023 - November 2024)€457k(42.8%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $2.82M to Tanzania. The main products exported from Portugal to Tanzania were Other Furniture ($237k), Special purpose motor vehicles ($204k), and Abrasive Powder ($202k). During the last 5 years the exports of Portugal to Tanzania have decreased at an annualized rate of 26.2%, from $12.9M in 2018 to $2.82M in 2023.

In 2018, Tanzania exported $22.5M to Portugal. The main products exported from Tanzania to Portugal were Processed Crustaceans ($8.36M), Molluscs ($5.27M), and Coffee ($3.14M). During the last 5 years the exports of Tanzania to Portugal have decreased at an annualized rate of 3.02%, from $26.3M in 2023 to $22.5M in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Tanzania
Top DestinationIndia$1.74B

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 2023, countries that imported more from Portugal than Tanzania included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Tanzania than Portugal included India ($1.74B), Uganda ($1.35B), and United Arab Emirates ($1.62B).

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

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 2023, Portugal had a large net trade with Tanzania in the exports of Machines ($963k), Stone And Glass ($412k), and Metals ($399k).

During 2018, Tanzania had a large net trade with Portugal in the exports of Foodstuffs ($8.37M), Animal Products ($7.92M), and Vegetable Products ($3.35M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms