Tanzania (TZA) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Tanzania-Colombia Trade: In 2022, Tanzania exported $512k to Colombia. The main products that Tanzania exported to Colombia were Fish Fillets ($511k) and Knit T-shirts ($1.38k). Over the past 5 years the exports of Tanzania to Colombia have increased at an annualized rate of 20.2%, from $204k in 2017 to $512k in 2022.

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

Colombia-Tanzania Trade: In 2022, Colombia exported $1.28M to Tanzania. The main products that Colombia exported to Tanzania were Large Construction Vehicles ($429k), Industrial Food Preperation Machinery ($348k), and Mill Machinery ($154k). Over the past 5 years the exports of Colombia to Tanzania have decreased at an annualized rate of 5.28%, from $2.58M in 2017 to $1.28M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $512k to Colombia. The main products exported from Tanzania to Colombia were Fish Fillets ($511k) and Knit T-shirts ($1.38k). During the last 5 years the exports of Tanzania to Colombia have increased at an annualized rate of 20.2%, from $204k in 2017 to $512k in 2022.

In 2017, Colombia exported $1.28M to Tanzania. The main products exported from Colombia to Tanzania were Large Construction Vehicles ($429k), Industrial Food Preperation Machinery ($348k), and Mill Machinery ($154k). During the last 5 years the exports of Colombia to Tanzania have decreased at an annualized rate of 5.28%, from $2.58M in 2022 to $1.28M in 2017.

Exports from Tanzania () to Colombia () (2022)

Exports from Colombia () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Colombia ()

Tanzania Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Colombia than Tanzania included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Tanzania - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Colombia in the exports of Animal Products ($511k) and Textiles ($1.38k).

During 2017, Colombia had a large net trade with Tanzania in the exports of Machines ($1.14M), Foodstuffs ($39.3k), and Plastics and Rubbers ($31.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Colombia () (2022)

Exports from Colombia () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Colombia ()

Tanzania Exports

Colombia Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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