Tanzania (TZA) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Tanzania-Greece Trade: In 2022, Tanzania exported $8.79M to Greece. The main products that Tanzania exported to Greece were Fish Fillets ($5.75M), Raw Tobacco ($1.39M), and Coffee ($746k). Over the past 5 years the exports of Tanzania to Greece have decreased at an annualized rate of 8.97%, from $14.1M in 2017 to $8.79M in 2022.

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

Greece-Tanzania Trade: In 2022, Greece exported $6.25M to Tanzania. The main products that Greece exported to Tanzania were Magnesium Carbonate ($2.59M), Aluminium Foil ($1.24M), and Stone Processing Machines ($503k). Over the past 5 years the exports of Greece to Tanzania have increased at an annualized rate of 17.9%, from $2.74M in 2017 to $6.25M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $8.79M to Greece. The main products exported from Tanzania to Greece were Fish Fillets ($5.75M), Raw Tobacco ($1.39M), and Coffee ($746k). During the last 5 years the exports of Tanzania to Greece have decreased at an annualized rate of 8.97%, from $14.1M in 2017 to $8.79M in 2022.

In 2017, Greece exported $6.25M to Tanzania. The main products exported from Greece to Tanzania were Magnesium Carbonate ($2.59M), Aluminium Foil ($1.24M), and Stone Processing Machines ($503k). During the last 5 years the exports of Greece to Tanzania have increased at an annualized rate of 17.9%, from $2.74M in 2022 to $6.25M in 2017.

Exports from Tanzania () to Greece () (2022)

Exports from Greece () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Greece ()

Tanzania Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Tanzania than Greece included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

In 2022, countries that imported more from Greece than Tanzania included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Tanzania - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Greece in the exports of Animal Products ($6.14M), Foodstuffs ($1.66M), and Vegetable Products ($815k).

During 2017, Greece had a large net trade with Tanzania in the exports of Mineral Products ($2.85M), Metals ($1.41M), and Machines ($1.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Greece+$1.58MCoffee

Top Product Potential Greece Tanzania+$1.85MRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Greece () (2022)

Exports from Greece () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Greece ()

Tanzania Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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