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2022
Exports $753World Rnk 113 / 128
Flag Rnk 935 / 1032
2022
Destination $330 China
2021 - 2022
FASTEST GROWING MARKET $330China
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $50.4kWorld Rnk 91 / 130
Flag Rnk 959 / 1172
2022
Origin $50.4k India
2021 - 2022
FASTEST GROWING ORIGIN $50.4kIndia
2022
ECONOMIC COMPLEXITY of Tanzania-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $753 in Iron Ore, making it the 113th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 935th most exported product in Tanzania. The main destination of Iron Ore exports from Tanzania are: China ($450) and South Africa ($303).

The fastest growing export markets for Iron Ore of Tanzania between 2021 and 2022 were China ($330) and South Africa ($99).

Imports In 2022, Tanzania imported $50.4k in Iron Ore, becoming the 91st largest importer of Iron Ore in the world. At the same year, Iron Ore was the 959th most imported product in Tanzania. Tanzania imports Iron Ore primarily from: India ($50.4k).

The fastest growing import markets in Iron Ore for Tanzania between 2021 and 2022 were India ($50.4k).

Latest Trends

Oct 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 Iron Ore. 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)$753
IMPORTS (2022)$50.4k
NET TRADE (2022)-$49.6k

In 2022, Tanzania exported $753 in Iron Ore. The main destinations of Tanzania exports on Iron Ore were China ($450) and South Africa ($303).

In 2022, Tanzania imported $50.4k in Iron Ore, mainly from India ($50.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):
China$330 (275%)
South Africa$99 (48.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Tanzania WERE (2021 - 2022):
Nigeria-$5.08k (-100%)
Germany-$20 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Tanzania's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Tanzania's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.24k
TOP IMPORT POTENTIALIndia+ $64.1k

Iron Ore’s highest export potential is China. With an export gap of $6.24k.   Iron Ore’s highest import potential is India with an import gap of $64.1k.

See methodology.

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