2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
Flag
 GDP
$75.7BCURRENT US$
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2012-2022
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GDP GROWTH
90.9%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$1,192CURRENT US$
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2012-2022
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GDP PC GROWTH
39.5%CURRENT US$
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About

Romania-Tanzania Trade: In 2022, Romania exported $2.83M to Tanzania. The main products that Romania exported to Tanzania were Railway Maintenance Vehicles ($346k), Motor vehicles; parts and accessories (8701 to 8705) ($333k), and Refined Petroleum ($234k). Over the past 5 years the exports of Romania to Tanzania have decreased at an annualized rate of 5.77%, from $3.81M in 2017 to $2.83M in 2022.

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

Tanzania-Romania Trade: In 2022, Tanzania exported $3.09M to Romania. The main products that Tanzania exported to Romania were Fish Fillets ($1.89M), Fish: dried, salted, smoked or in brine ($419k), and Coffee ($370k). Over the past 5 years the exports of Tanzania to Romania have decreased at an annualized rate of 11.2%,  from $7.99M in 2017 to $3.09M in 2022.

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

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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, Romania exported $2.83M to Tanzania. The main products exported from Romania to Tanzania were Railway Maintenance Vehicles ($346k), Motor vehicles; parts and accessories (8701 to 8705) ($333k), and Refined Petroleum ($234k). During the last 5 years the exports of Romania to Tanzania have decreased at an annualized rate of 5.77%, from $3.81M in 2017 to $2.83M in 2022.

In 2017, Tanzania exported $3.09M to Romania. The main products exported from Tanzania to Romania were Fish Fillets ($1.89M), Fish: dried, salted, smoked or in brine ($419k), and Coffee ($370k). During the last 5 years the exports of Tanzania to Romania have decreased at an annualized rate of 11.2%, from $7.99M in 2022 to $3.09M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Tanzania (Flag)

Romania Exports

Tanzania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Tanzania
Top Destination
India$2.73B

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 2022, countries that imported more from Romania than Tanzania included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

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 2022, Romania had a large net trade with Tanzania in the exports of Machines ($851k), Transportation ($745k), and Instruments ($248k).

During 2017, Tanzania had a large net trade with Romania in the exports of Animal Products ($2.32M), Vegetable Products ($635k), and Foodstuffs ($96.2k).

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) (2022)

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