2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Singapore-Tanzania Trade: In 2023, Singapore exported $170M to Tanzania. The main products that Singapore exported to Tanzania were Petroleum Gas ($53.8M), Refined Petroleum ($45.3M), and Ethylene Polymers ($11.3M). Over the past 5 years the exports of Singapore to Tanzania have increased at an annualized rate of 29.3%, from $47.1M in 2018 to $170M in 2023.

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

Tanzania-Singapore Trade: In 2023, Tanzania exported $142M to Singapore. The main products that Tanzania exported to Singapore were Copper Ore ($128M), Precious Stones ($5.55M), and Cocoa Beans ($3.67M). Over the past 5 years the exports of Tanzania to Singapore have increased at an annualized rate of 44.1%,  from $22.9M in 2018 to $142M in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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, Singapore exported $170M to Tanzania. The main products exported from Singapore to Tanzania were Petroleum Gas ($53.8M), Refined Petroleum ($45.3M), and Ethylene Polymers ($11.3M). During the last 5 years the exports of Singapore to Tanzania have increased at an annualized rate of 29.3%, from $47.1M in 2018 to $170M in 2023.

In 2018, Tanzania exported $142M to Singapore. The main products exported from Tanzania to Singapore were Copper Ore ($128M), Precious Stones ($5.55M), and Cocoa Beans ($3.67M). During the last 5 years the exports of Tanzania to Singapore have increased at an annualized rate of 44.1%, from $22.9M in 2023 to $142M in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Tanzania (Flag)

Singapore Exports

Tanzania Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from Singapore than Tanzania included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Tanzania than Singapore included Uganda ($1.35B), Democratic Republic of the Congo ($313M), and South Africa ($1.15B).

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

Comparative Advantage Singapore - Tanzania

Flow
Scale

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

During 2023, Singapore had a large net trade with Tanzania in the exports of Mineral Products ($99.1M), Machines ($22M), and Plastics and Rubbers ($12.9M).

During 2018, Tanzania had a large net trade with Singapore in the exports of Mineral Products ($128M), Precious Metals ($5.59M), and Foodstuffs ($3.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Tanzania+$69.2MRefined Petroleum
Top Product Potential Tanzania Singapore+$1.31MDiamonds

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

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

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