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2023
Economic Complexity
Trade -1.13Rank 116 of 132
2022
Economic Complexity
Research 0.072Rank 53 of 140
2023
Product
Exports | Imports $11.3B | $17.7B99 of 226 |  91 of 226
2023
Per Capita Product
Exports | Imports $170 | $265158 of 220 |  200 of 220

About

Overview In 2023, Tanzania was the number 79 economy in the world in terms of GDP (current US$), the number 99 in total exports, the number 91 in total imports, the number 174 economy in terms of GDP per capita (current US$) and the number 116 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Tanzania are Gold ($5.05B), Refined Petroleum ($393M), Dried Legumes ($352M), Refined Copper ($348M), and Coal Briquettes ($341M), exporting mostly to India ($1.74B), United Arab Emirates ($1.62B), Uganda ($1.35B), South Africa ($1.15B), and China ($726M).

Imports The top imports of Tanzania are Refined Petroleum ($3.19B), Wheat ($466M), Tractors ($409M), Cars ($391M), and Packaged Medicaments ($342M), importing mostly from China ($5.59B), India ($2.32B), United Arab Emirates ($1.52B), Saudi Arabia ($919M), and Japan ($674M).

Location Tanzania borders Burundi, Democratic Republic of the Congo, Kenya, Malawi, Mozambique, Rwanda, Uganda, and Zambia by land and Comoros and Seychelles by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Tanzania.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Gold$5.05B
Top Destination (2023)India$1.74B

In 2023, Tanzania exported a total of $11.3B, making it the number 99 exporter in the world. During the last five reported years the exports of Tanzania have changed by $5.27B from $6.08B in 2018 to $11.3B in 2023.

The most recent exports are led by Gold ($5.05B), Refined Petroleum ($393M), Dried Legumes ($352M), Refined Copper ($348M), and Coal Briquettes ($341M). The most common destination for the exports of Tanzania are India ($1.74B), United Arab Emirates ($1.62B), Uganda ($1.35B), South Africa ($1.15B), and China ($726M).

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Exports (2023)
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Destinations (2023)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2022 - 2023)
Uganda$1B (+ 285%)
United Arab Emirates$296M (+ 22.3%)
Zambia$234M (+ 306%)
Fastest Growing Import Markets (2022 - 2023)
China$375M (+ 7.19%)
Saudi Arabia$304M (+ 49.5%)
Russia$254M (+ 195%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Tanzania Exports Services (2018)$4.01B
Tanzania Imports Services (2018)$2.13B

In 2018, Tanzania exported $4.01B worth of services. The top services exported by Tanzania in 2018 were Personal travel ($2.45B), Transportation ($1.23B), Other business services ($249M), Insurance services ($38.3M), and Computer and information services ($22.2M).

The top services imported by Tanzania in 2018 were Transportation ($844M), Personal travel ($738M), Other business services ($336M), Construction services ($63.1M), and Government services, n.i.e. ($62M).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Overview

Economic Complexity (Trade)-1.13Rank 116 of 132
Economic Complexity (Research)0.072Rank 53 of 140

Most Specialized Products by RCA Index

Tanzania has a high level of specialization in Coconut and Other Vegetable Fibers (124), Cloves (87.8), Other Oily Seeds (77.1), Oil Seed Flower (54.2), and Tin Ores (53). Specialization is measured using RCA, an index that takes the ratio between Tanzania observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Tanzania according to the product complexity index (PCI) are Milking machines and dairy machinery (0.87), Glass; drawn glass and blown glass, in sheets, whether or not having... (0.57), Oils and other products of the distillation of high temperature coal tar;... (0.38), Railway or tramway maintenance or service vehicles; whether or not self-propelled (e.g.... (0.31), and Oral or dental hygiene preparations; including fixative pastes and powders; yarn used... (0.28). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Tanzania according to the relatedness index, were Manganese Ore (0.27), Other Mineral (0.27), Raw Sugar (0.23), Aluminium Ore (0.23), and Crustaceans (0.23). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Tanzania is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Tanzania. These are products that tend to be co-exported with the products that Tanzania exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Tanzania's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 116th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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ECI (Trade) Ranking by Country

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