2022
Exports
$34.3kWorld Rnk 106 / 207
Flag Rnk 631 / 1032
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$6.93MWorld Rnk 76 / 218
Flag Rnk 337 / 1172
2022
ECONOMIC COMPLEXITY of Tanzania
-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $34.3k in Iron Springs, making it the 106th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 631st most exported product in Tanzania. The main destination of Iron Springs exports from Tanzania are: Zimbabwe ($11.1k), Botswana ($6.57k), Democratic Republic of the Congo ($5.84k), Netherlands ($5.53k), and Malawi ($2.06k).

The fastest growing export markets for Iron Springs of Tanzania between 2021 and 2022 were Zimbabwe ($11.1k), Botswana ($6.57k), and Netherlands ($5.39k).

Imports In 2022, Tanzania imported $6.93M in Iron Springs, becoming the 76th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 337th most imported product in Tanzania. Tanzania imports Iron Springs primarily from: China ($5.19M), India ($426k), Japan ($225k), United Arab Emirates ($192k), and Germany ($153k).

The fastest growing import markets in Iron Springs for Tanzania between 2021 and 2022 were China ($2.89M), India ($84.4k), and Germany ($68.5k).

Latest Trends

Jul 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 Springs. 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)$34.3k
IMPORTS (2022)$6.93M
NET TRADE (2022)-$6.9M

In 2022, Tanzania exported $34.3k in Iron Springs. The main destinations of Tanzania exports on Iron Springs were Zimbabwe ($11.1k), Botswana ($6.57k), Democratic Republic of the Congo ($5.84k), Netherlands ($5.53k), and Malawi ($2.06k).

In 2022, Tanzania imported $6.93M in Iron Springs, mainly from China ($5.19M), India ($426k), Japan ($225k), United Arab Emirates ($192k), and Germany ($153k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):
Zimbabwe$11.1k (1%)
Botswana$6.57k (1%)
Netherlands$5.39k (3.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Tanzania WERE (2021 - 2022):
Uganda-$8.94k (-100%)
Malawi-$877 (-29.9%)
Kenya-$770 (-70.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Tanzania's main exporting competitors in Iron Springs were:
In 2022, Tanzania's main importing competitors in Iron Springs were:

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $8.19k
TOP IMPORT POTENTIALIndia+ $281k

Iron Springs’s highest export potential is Netherlands. With an export gap of $8.19k.   Iron Springs’s highest import potential is India with an import gap of $281k.

See methodology.

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