Tanzania (TZA) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

About

Tanzania-Bolivia Trade: In 2022, Tanzania exported $1.21k to Bolivia. The main products that Tanzania exported to Bolivia were Sowing Seeds ($1.21k). Over the past 5 years the exports of Tanzania to Bolivia have decreased at an annualized rate of 55%, from $65.1k in 2017 to $1.21k in 2022.

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

Bolivia-Tanzania Trade: In 2022, Bolivia exported $40.6k to Tanzania. The main products that Bolivia exported to Tanzania were N/A. Over the past 5 years the exports of Bolivia to Tanzania have decreased at an annualized rate of 45.9%, from $878k in 2017 to $40.6k in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $1.21k to Bolivia. The main products exported from Tanzania to Bolivia were Sowing Seeds ($1.21k). During the last 5 years the exports of Tanzania to Bolivia have decreased at an annualized rate of 55%, from $65.1k in 2017 to $1.21k in 2022.

In 2016, Bolivia exported $40.6k to Tanzania. There were not main exports from Bolivia to Tanzania in 2016. During the last 5 years the exports of Bolivia to Tanzania have decreased at an annualized rate of 45.9%, from $878k in 2021 to $40.6k in 2016.

Exports from Tanzania () to Bolivia () (2022)

Exports from Bolivia () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Bolivia ()

Tanzania Exports

Date

Jun 2018

Mar 2018

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Tanzania than Bolivia included South Africa ($939M), United Arab Emirates ($1.07B), and Kenya ($482M).

In 2022, countries that imported more from Bolivia than Tanzania included Brazil ($1.89B), Argentina ($1.76B), and Colombia ($1.06B).

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

Comparative Advantage Tanzania - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Bolivia in the exports of Vegetable Products ($1.21k).

During 2016, Bolivia had a large net trade with Tanzania in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Bolivia+$6.09kSowing Seeds

Top Product Potential Bolivia Tanzania+$3.82kPetroleum Gas

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Bolivia () (2022)

Exports from Bolivia () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Bolivia ()

Tanzania Exports

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Bolivia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring