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

About

Vietnam-Tanzania Trade: In 2023, Vietnam exported $60.1M to Tanzania. The main products that Vietnam exported to Tanzania were Bedspreads ($9.98M), Electric Batteries ($5.28M), and Broadcasting Equipment ($4.35M). Over the past 5 years the exports of Vietnam to Tanzania have decreased at an annualized rate of 4.07%, from $74M in 2018 to $60.1M in 2023.

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

Tanzania-Vietnam Trade: In 2023, Tanzania exported $134M to Vietnam. The main products that Tanzania exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($77.8M), Bran ($31.5M), and Raw Cotton ($9.21M). Over the past 5 years the exports of Tanzania to Vietnam have decreased at an annualized rate of 13.1%, from $271M in 2018 to $134M in 2023.

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

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Vietnam exported $60.1M to Tanzania. The main products exported from Vietnam to Tanzania were Bedspreads ($9.98M), Electric Batteries ($5.28M), and Broadcasting Equipment ($4.35M). During the last 5 years the exports of Vietnam to Tanzania have decreased at an annualized rate of 4.07%, from $74M in 2018 to $60.1M in 2023.

In 2018, Tanzania exported $134M to Vietnam. The main products exported from Tanzania to Vietnam were Coconuts, Brazil Nuts, and Cashews ($77.8M), Bran ($31.5M), and Raw Cotton ($9.21M). During the last 5 years the exports of Tanzania to Vietnam have decreased at an annualized rate of 13.1%, from $271M in 2023 to $134M in 2018.

Exports from Vietnam () to Tanzania () (2023)

Exports from Tanzania () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Tanzania ()

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Tanzania
Top DestinationIndia$1.74B

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

In 2023, countries that imported more from Vietnam than Tanzania included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Tanzania than Vietnam included Uganda ($1.35B), Democratic Republic of the Congo ($313M), and Zambia ($310M).

Difference in imports from Tanzania () and Vietnam () (2023)

Comparative Advantage Vietnam - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Vietnam had a large net trade with Tanzania in the exports of Machines ($24.2M), Textiles ($10.2M), and Plastics and Rubbers ($8.41M).

During 2018, Tanzania had a large net trade with Vietnam in the exports of Vegetable Products ($83.6M), Foodstuffs ($33.8M), and Textiles ($11.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Tanzania+$2.94MRice

Top Product Potential Tanzania Vietnam+$3.2MRaw Cotton

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Vietnam and Tanzania. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Vietnam.

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Tanzania () (2023)

Exports from Tanzania () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Tanzania ()

Tanzania Exports

Market Competitiveness

Difference in imports from Tanzania () and Vietnam () (2023)

Comparative Advantage Vietnam - Tanzania

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Tanzania () (2023)

Keep Exploring