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2023
Flag → Flag
Exports $438kRnk 110 / 163
2023
Flag → Flag
Top Product $429kFish Fillets
2023
Flag → Flag
Exports $743kRnk 136 / 183
2023
Flag → Flag
Top Product $266kConfectionery Sugar
2023
Flag
Economic Complexity (ECI) ECI -1.13Rnk 116 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC $1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Tanzania-Colombia Trade: In 2023, Tanzania exported $438k to Colombia. The main products that Tanzania exported to Colombia were Fish Fillets ($429k), Machinery Having Individual Functions ($3.86k), and Low-voltage Protection Equipment ($2.17k). Over the past 5 years the exports of Tanzania to Colombia have increased at an annualized rate of 0.0085%, from $438k in 2018 to $438k in 2023.

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

Colombia-Tanzania Trade: In 2023, Colombia exported $743k to Tanzania. The main products that Colombia exported to Tanzania were Confectionery Sugar ($266k), Industrial Food Preperation Machinery ($189k), and Lifting Machinery ($133k). Over the past 5 years the exports of Colombia to Tanzania have decreased at an annualized rate of 8.74%,  from $1.69M in 2018 to $743k in 2023.

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

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $438k to Colombia. The main products exported from Tanzania to Colombia were Fish Fillets ($429k), Machinery Having Individual Functions ($3.86k), and Low-voltage Protection Equipment ($2.17k). During the last 5 years the exports of Tanzania to Colombia have increased at an annualized rate of 0.0085%, from $438k in 2018 to $438k in 2023.

In 2018, Colombia exported $743k to Tanzania. The main products exported from Colombia to Tanzania were Confectionery Sugar ($266k), Industrial Food Preperation Machinery ($189k), and Lifting Machinery ($133k). During the last 5 years the exports of Colombia to Tanzania have decreased at an annualized rate of 8.74%, from $1.69M in 2023 to $743k in 2018.

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

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

Latest Data

Trade between Tanzania (Flag) and Colombia (Flag)

Tanzania Exports

Colombia Exports

Market Competitiveness

Color
Tanzania
Top DestinationIndia$1.74B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Tanzania than Colombia included Uganda ($1.35B), United Arab Emirates ($1.62B), and South Africa ($1.15B).

In 2023, countries that imported more from Colombia than Tanzania included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

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

Comparative Advantage Tanzania - Colombia

Flow
Scale

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

During 2023, Tanzania had a large net trade with Colombia in the exports of Animal Products ($429k), Machines ($7.15k), and Wood Products ($1.33k).

During 2018, Colombia had a large net trade with Tanzania in the exports of Machines ($375k), Foodstuffs ($284k), and Plastics and Rubbers ($24.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Colombia+$572kFish Fillets
Top Product Potential Colombia Tanzania+$139kIndustrial Food Preperation Machinery

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

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

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