Tanzania (TZA) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Tanzania-Vietnam Trade: In 2022, Tanzania exported $165M to Vietnam. The main products that Tanzania exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($130M), Bran ($25.4M), and Raw Cotton ($2.55M). Over the past 5 years the exports of Tanzania to Vietnam have decreased at an annualized rate of 13%, from $330M in 2017 to $165M in 2022.

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

Vietnam-Tanzania Trade: In 2022, Vietnam exported $84.6M to Tanzania. The main products that Vietnam exported to Tanzania were Bedspreads ($15.3M), Nitrogenous Fertilizers ($14.3M), and Rice ($8.75M). Over the past 5 years the exports of Vietnam to Tanzania have increased at an annualized rate of 9.31%, from $41.5M in 2017 to $84.6M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tanzania exported $165M to Vietnam. The main products exported from Tanzania to Vietnam were Coconuts, Brazil Nuts, and Cashews ($130M), Bran ($25.4M), and Raw Cotton ($2.55M). During the last 5 years the exports of Tanzania to Vietnam have decreased at an annualized rate of 13%, from $330M in 2017 to $165M in 2022.

In 2017, Vietnam exported $84.6M to Tanzania. The main products exported from Vietnam to Tanzania were Bedspreads ($15.3M), Nitrogenous Fertilizers ($14.3M), and Rice ($8.75M). During the last 5 years the exports of Vietnam to Tanzania have increased at an annualized rate of 6.78%, from $13.2M in 1998 to $84.6M in 2017.

Exports from Tanzania () to Vietnam () (2022)

Exports from Vietnam () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Vietnam ()

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Vietnam
Top DestinationUnited States$117B

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

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

In 2022, countries that imported more from Vietnam than Tanzania included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Tanzania - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Vietnam in the exports of Vegetable Products ($132M), Foodstuffs ($26.4M), and Textiles ($3.21M).

During 2017, Vietnam had a large net trade with Tanzania in the exports of Chemical Products ($21.6M), Machines ($16.3M), and Textiles ($15.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Vietnam+$3.2MRaw Cotton

Top Product Potential Vietnam Tanzania+$2.94MRice

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

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Historical Data

Bilateral Trade by Products

Exports from Tanzania () to Vietnam () (2022)

Exports from Vietnam () to Tanzania () (2022)

Latest Data

Trade between Tanzania () and Vietnam ()

Tanzania Exports

Market Competitiveness

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

Comparative Advantage Tanzania - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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