2022
Exports
$1.86MWorld Rnk 41 / 153
Flag Rnk 180 / 1032
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$668kWorld Rnk 81 / 197
Flag Rnk 691 / 1172
2022
ECONOMIC COMPLEXITY of Tanzania
-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $1.86M in Insect Resins, making it the 41st largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 180th most exported product in Tanzania. The main destination of Insect Resins exports from Tanzania are: China ($1.27M), Vietnam ($347k), Pakistan ($153k), India ($54.1k), and Egypt ($34.4k).

The fastest growing export markets for Insect Resins of Tanzania between 2021 and 2022 were China ($530k), Vietnam ($347k), and India ($44.2k).

Imports In 2022, Tanzania imported $668k in Insect Resins, becoming the 81st largest importer of Insect Resins in the world. At the same year, Insect Resins was the 691st most imported product in Tanzania. Tanzania imports Insect Resins primarily from: China ($336k), United Arab Emirates ($258k), India ($69.1k), Malawi ($2.17k), and Italy ($1.06k).

The fastest growing import markets in Insect Resins for Tanzania between 2021 and 2022 were United Arab Emirates ($59.9k), India ($47.7k), and China ($8.03k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insect Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.86M
IMPORTS (2022)$668k
NET TRADE (2022)$1.19M

In 2022, Tanzania exported $1.86M in Insect Resins. The main destinations of Tanzania exports on Insect Resins were China ($1.27M), Vietnam ($347k), Pakistan ($153k), India ($54.1k), and Egypt ($34.4k).

In 2022, Tanzania imported $668k in Insect Resins, mainly from China ($336k), United Arab Emirates ($258k), India ($69.1k), Malawi ($2.17k), and Italy ($1.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):
China$530k (71.9%)
Vietnam$347k (1%)
India$44.2k (448%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Tanzania WERE (2021 - 2022):
Pakistan-$169k (-52.5%)
Kenya-$1.61k (-47.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Tanzania's main exporting competitors in Insect Resins were:
In 2022, Tanzania's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $334k
TOP IMPORT POTENTIALIndia+ $71.6k

Insect Resins’s highest export potential is China. With an export gap of $334k.   Insect Resins’s highest import potential is India with an import gap of $71.6k.

See methodology.

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