Tanzania (TZA) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Tanzania-Bangladesh Trade: In 2022, Tanzania exported $27.7M to Bangladesh. The main products that Tanzania exported to Bangladesh were Raw Cotton ($9.68M), Prepared Cotton ($8.97M), and Dried Legumes ($7.4M). Over the past 5 years the exports of Tanzania to Bangladesh have increased at an annualized rate of 14%, from $14.4M in 2017 to $27.7M in 2022.

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

Bangladesh-Tanzania Trade: In 2022, Bangladesh exported $6.91M to Tanzania. The main products that Bangladesh exported to Tanzania were Packing Bags ($4.26M), Packaged Medicaments ($1.24M), and Raw Plastic Sheeting ($331k). Over the past 5 years the exports of Bangladesh to Tanzania have increased at an annualized rate of 22.9%, from $2.46M in 2017 to $6.91M in 2022.

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

Comparison: In 2022, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). That same year, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $27.7M to Bangladesh. The main products exported from Tanzania to Bangladesh were Raw Cotton ($9.68M), Prepared Cotton ($8.97M), and Dried Legumes ($7.4M). During the last 5 years the exports of Tanzania to Bangladesh have increased at an annualized rate of 14%, from $14.4M in 2017 to $27.7M in 2022.

In 2017, Bangladesh exported $6.91M to Tanzania. The main products exported from Bangladesh to Tanzania were Packing Bags ($4.26M), Packaged Medicaments ($1.24M), and Raw Plastic Sheeting ($331k). During the last 5 years the exports of Bangladesh to Tanzania have increased at an annualized rate of 22.9%, from $2.46M in 2022 to $6.91M in 2017.

Exports from Tanzania () to Bangladesh () (2022)

Exports from Bangladesh () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Bangladesh ()

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Tanzania than Bangladesh included South Africa ($939M), India ($2.73B), and Rwanda ($474M).

In 2022, countries that imported more from Bangladesh than Tanzania included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh () and Tanzania () (2022)

Comparative Advantage Tanzania - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Bangladesh in the exports of Textiles ($18.7M), Vegetable Products ($7.44M), and Foodstuffs ($1.39M).

During 2017, Bangladesh had a large net trade with Tanzania in the exports of Textiles ($4.76M), Chemical Products ($1.44M), and Plastics and Rubbers ($354k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Bangladesh+$6.37MRaw Cotton

Top Product Potential Bangladesh Tanzania+$1.05MPackaged Medicaments

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

Year

This visualization shows the product space at the HS4 level with the flags of Tanzania and Bangladesh. This means that a dot/product with the flag of Tanzania indicates it has a comparative advantage over Bangladesh. Similarly, a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Tanzania.

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Bangladesh () (2022)

Exports from Bangladesh () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Bangladesh ()

Tanzania Exports

Market Competitiveness

Difference in imports from Bangladesh () and Tanzania () (2022)

Comparative Advantage Tanzania - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tanzania () and Bangladesh () (2022)

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