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Pricing

2022
Flag → Flag
Exports $148MRnk 108 / 221
2022
Flag → Flag
Top Product $10.6MOther Iron Products
2022
Flag → Flag
Exports $53.6MRnk 27 / 164
2022
Flag → Flag
Top Product $21.3MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Italy-Tanzania Trade: In 2022, Italy exported $148M to Tanzania. The main products that Italy exported to Tanzania were Other Iron Products ($10.6M), Washing and Bottling Machines ($9.25M), and Vaccines, blood, antisera, toxins and cultures ($7.87M). Over the past 5 years the exports of Italy to Tanzania have increased at an annualized rate of 7.31%, from $104M in 2017 to $148M in 2022.

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

Tanzania-Italy Trade: In 2022, Tanzania exported $53.6M to Italy. The main products that Tanzania exported to Italy were Coffee ($21.3M), Fish Fillets ($8.35M), and Ferroalloys ($6.23M). Over the past 5 years the exports of Tanzania to Italy have decreased at an annualized rate of 0.53%,  from $55.1M in 2017 to $53.6M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Latest Trends

March, 2024

About

Overview In March 2024, Italy exported €4.04M and imported €2.4M from Tanzania, resulting in a positive trade balance of €1.64M. Between March 2023 and March 2024 the exports of Italy have increased by €1.01M (33.3%) from €3.03M to €4.04M, while imports decreased by €-2.47M (-50.7%) from €4.87M to €2.4M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (March 2023 - March 2024)€1.01M(33.3%)
IMPORT GROWTH (March 2023 - March 2024)€-2.47M(-50.7%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Tanzania and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Tanzania and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $148M to Tanzania. The main products exported from Italy to Tanzania were Other Iron Products ($10.6M), Washing and Bottling Machines ($9.25M), and Vaccines, blood, antisera, toxins and cultures ($7.87M). During the last 5 years the exports of Italy to Tanzania have increased at an annualized rate of 7.31%, from $104M in 2017 to $148M in 2022.

In 2017, Tanzania exported $53.6M to Italy. The main products exported from Tanzania to Italy were Coffee ($21.3M), Fish Fillets ($8.35M), and Ferroalloys ($6.23M). During the last 5 years the exports of Tanzania to Italy have decreased at an annualized rate of 0.53%, from $55.1M in 2022 to $53.6M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Italy than Tanzania included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Tanzania than Italy included Rwanda ($474M), Democratic Republic of the Congo ($329M), and Kenya ($482M).

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

Comparative Advantage Italy - Tanzania

Flow
Scale

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

During 2022, Italy had a large net trade with Tanzania in the exports of Machines ($61M), Chemical Products ($26.7M), and Metals ($15.7M).

During 2017, Tanzania had a large net trade with Italy in the exports of Vegetable Products ($24.8M), Animal Products ($10.2M), and Metals ($6.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Tanzania+$9.3MVaccines, blood, antisera, toxins and cultures
Top Product Potential Tanzania Italy+$13.3MCoffee

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 Italy and Tanzania. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Tanzania. Similarly, a dot/product with the flag of Tanzania indicates it has a comparative advantage over Italy.

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

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