2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Austria-Tanzania Trade: In 2022, Austria exported $24.9M to Tanzania. The main products that Austria exported to Tanzania were Flavored Water ($7.52M), Other Uncoated Paper ($5.22M), and Machinery Having Individual Functions ($3.53M). Over the past 5 years the exports of Austria to Tanzania have increased at an annualized rate of 8.14%, from $16.8M in 2017 to $24.9M in 2022.

In 2022, Austria did not export any services to Tanzania.

Tanzania-Austria Trade: In 2022, Tanzania exported $3.05M to Austria. The main products that Tanzania exported to Austria were Coconuts, Brazil Nuts, and Cashews ($1.37M), Fish Fillets ($572k), and Pepper ($171k). Over the past 5 years the exports of Tanzania to Austria have increased at an annualized rate of 3.73%,  from $2.54M in 2017 to $3.05M in 2022.

In 2022, Tanzania did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $24.9M to Tanzania. The main products exported from Austria to Tanzania were Flavored Water ($7.52M), Other Uncoated Paper ($5.22M), and Machinery Having Individual Functions ($3.53M). During the last 5 years the exports of Austria to Tanzania have increased at an annualized rate of 8.14%, from $16.8M in 2017 to $24.9M in 2022.

In 2017, Tanzania exported $3.05M to Austria. The main products exported from Tanzania to Austria were Coconuts, Brazil Nuts, and Cashews ($1.37M), Fish Fillets ($572k), and Pepper ($171k). During the last 5 years the exports of Tanzania to Austria have increased at an annualized rate of 3.73%, from $2.54M in 2022 to $3.05M in 2017.

Exports from Austria (Flag) to Tanzania (Flag) (2022)

Exports from Tanzania (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Tanzania (Flag)

Austria Exports

Tanzania Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Tanzania
Top Destination
India$2.73B

This map shows whether countries import more from Austria or Tanzania. Each country is colored based on the difference in imports they receive from Austria and Tanzania or the difference in the growth in imports.

In 2022, countries that imported more from Austria than Tanzania included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Tanzania than Austria included India ($2.73B), Rwanda ($474M), and United Arab Emirates ($1.07B).

Difference in imports from Tanzania (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Tanzania

Flow
Scale

This chart compares trade between Austria and Tanzania by product, considering products traded by both, Austria and Tanzania.

During 2022, Austria had a large net trade with Tanzania in the exports of Foodstuffs ($7.62M), Paper Goods ($7.45M), and Machines ($5.34M).

During 2017, Tanzania had a large net trade with Austria in the exports of Vegetable Products ($1.86M), Animal Products ($715k), and Textiles ($140k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Tanzania+$1.86MMachinery Having Individual Functions
Top Product Potential Tanzania Austria+$791kCoconuts, Brazil Nuts, and Cashews

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Tanzania. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Tanzania (Flag) (2022)

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