2023
Flag  
GDP
$351BCURRENT US$
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2013-2023
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GDP GROWTH
84.8%CURRENT US$
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2023
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 GDP
$79.1BCURRENT US$
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2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
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GDP PC 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
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GDP PC
$1,224CURRENT US$
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2013-2023
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GDP PC GROWTH
27.1%CURRENT US$
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About

Romania-Tanzania Trade: In 2023, Romania exported $6.14M to Tanzania. The main products that Romania exported to Tanzania were Delivery Trucks ($2.28M), Self-Propelled Rail Transport ($880k), and Other Heating Machinery ($472k). Over the past 5 years the exports of Romania to Tanzania have increased at an annualized rate of 9.95%, from $3.82M in 2018 to $6.14M in 2023.

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

Tanzania-Romania Trade: In 2023, Tanzania exported $5.67M to Romania. The main products that Tanzania exported to Romania were Fish Fillets ($4.3M), Raw Tobacco ($793k), and Tropical Fruits ($346k). Over the past 5 years the exports of Tanzania to Romania have decreased at an annualized rate of 0.91%,  from $5.94M in 2018 to $5.67M in 2023.

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

Comparison: In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). 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, Romania exported $6.14M to Tanzania. The main products exported from Romania to Tanzania were Delivery Trucks ($2.28M), Self-Propelled Rail Transport ($880k), and Other Heating Machinery ($472k). During the last 5 years the exports of Romania to Tanzania have increased at an annualized rate of 9.95%, from $3.82M in 2018 to $6.14M in 2023.

In 2018, Tanzania exported $5.67M to Romania. The main products exported from Tanzania to Romania were Fish Fillets ($4.3M), Raw Tobacco ($793k), and Tropical Fruits ($346k). During the last 5 years the exports of Tanzania to Romania have decreased at an annualized rate of 0.91%, from $5.94M in 2023 to $5.67M in 2018.

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

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

Latest Data

Trade between Romania (Flag) and Tanzania (Flag)

Romania Exports

Tanzania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Romania than Tanzania included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

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

Comparative Advantage Romania - Tanzania

Flow
Scale

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

During 2023, Romania had a large net trade with Tanzania in the exports of Transportation ($3.35M), Machines ($1.82M), and Chemical Products ($232k).

During 2018, Tanzania had a large net trade with Romania in the exports of Animal Products ($4.3M), Foodstuffs ($793k), and Vegetable Products ($497k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Tanzania+$1.29MRefined Petroleum
Top Product Potential Tanzania Romania+$945kCoffee

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

Product Space of Romania (Flag) and Tanzania (Flag) (2023)

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