Tanzania (TZA) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Tanzania-Spain Trade: In 2022, Tanzania exported $46.9M to Spain. The main products that Tanzania exported to Spain were Gold ($14.3M), Fish Fillets ($6.57M), and Refined Copper ($5.86M). Over the past 5 years the exports of Tanzania to Spain have increased at an annualized rate of 9.07%, from $30.4M in 2017 to $46.9M in 2022.

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

Spain-Tanzania Trade: In 2022, Spain exported $73M to Tanzania. The main products that Spain exported to Tanzania were Stranded Copper Wire ($8.21M), Petroleum Coke ($7.76M), and Unglazed Ceramics ($4.38M). Over the past 5 years the exports of Spain to Tanzania have increased at an annualized rate of 9.24%, from $46.9M in 2017 to $73M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $46.9M to Spain. The main products exported from Tanzania to Spain were Gold ($14.3M), Fish Fillets ($6.57M), and Refined Copper ($5.86M). During the last 5 years the exports of Tanzania to Spain have increased at an annualized rate of 9.07%, from $30.4M in 2017 to $46.9M in 2022.

In 2017, Spain exported $73M to Tanzania. The main products exported from Spain to Tanzania were Stranded Copper Wire ($8.21M), Petroleum Coke ($7.76M), and Unglazed Ceramics ($4.38M). During the last 5 years the exports of Spain to Tanzania have increased at an annualized rate of 9.24%, from $46.9M in 2022 to $73M in 2017.

Exports from Tanzania () to Spain () (2022)

Exports from Spain () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Spain ()

Tanzania Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Tanzania than Spain included Rwanda ($474M), Kenya ($482M), and Democratic Republic of the Congo ($329M).

In 2022, countries that imported more from Spain than Tanzania included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Tanzania - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Spain in the exports of Precious Metals ($14.4M), Animal Products ($12.3M), and Metals ($6.01M).

During 2017, Spain had a large net trade with Tanzania in the exports of Metals ($16.1M), Machines ($14.2M), and Mineral Products ($10.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Spain+$20MGold

Top Product Potential Spain Tanzania+$2.12MUnglazed Ceramics

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Spain () (2022)

Exports from Spain () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Spain ()

Tanzania Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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