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Exports In 2022, Tanzania exported $15k in Nitric Acids, making it the 75th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 722nd most exported product in Tanzania. The main destination of Nitric Acids exports from Tanzania are: Comoros ($5.94k), Madagascar ($4.94k), Burundi ($2.77k), Democratic Republic of the Congo ($1.14k), and Zambia ($105).

The fastest growing export markets for Nitric Acids of Tanzania between 2021 and 2022 were Comoros ($5.94k), Madagascar ($4.94k), and Burundi ($1.49k).

Imports In 2022, Tanzania imported $699k in Nitric Acids, becoming the 68th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 683rd most imported product in Tanzania. Tanzania imports Nitric Acids primarily from: South Korea ($494k), Netherlands ($68.1k), Belgium ($47.1k), United Arab Emirates ($35.6k), and Kenya ($31k).

The fastest growing import markets in Nitric Acids for Tanzania between 2021 and 2022 were South Korea ($341k), United Arab Emirates ($20.9k), and North Korea ($14.9k).

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 Nitric Acids. 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)$15k
IMPORTS (2022)$699k
NET TRADE (2022)-$684k

In 2022, Tanzania exported $15k in Nitric Acids. The main destinations of Tanzania exports on Nitric Acids were Comoros ($5.94k), Madagascar ($4.94k), Burundi ($2.77k), Democratic Republic of the Congo ($1.14k), and Zambia ($105).

In 2022, Tanzania imported $699k in Nitric Acids, mainly from South Korea ($494k), Netherlands ($68.1k), Belgium ($47.1k), United Arab Emirates ($35.6k), and Kenya ($31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):
Comoros$5.94k (1%)
Madagascar$4.94k (1%)
Burundi$1.49k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Tanzania WERE (2021 - 2022):Malawi-$49 (-40.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Tanzania's main exporting competitors in Nitric Acids were:
In 2022, Tanzania's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $680
TOP IMPORT POTENTIALBelgium+ $29.7k

Nitric Acids’s highest export potential is Germany. With an export gap of $680.   Nitric Acids’s highest import potential is Belgium with an import gap of $29.7k.

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