2022
Exports
$384MWorld Rnk 32 / 140
Flag Rnk 3 / 1032
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$1.17BWorld Rnk 18 / 184
Flag Rnk 2 / 1172
2022
ECONOMIC COMPLEXITY of Tanzania
-1.08Rnk 116 / 133

About

Exports In 2022, Tanzania exported $384M in Refined Copper, making it the 32nd largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 3rd most exported product in Tanzania. The main destination of Refined Copper exports from Tanzania are: India ($202M), Oman ($41.5M), Bulgaria ($33M), Thailand ($28.4M), and China ($17.9M).

The fastest growing export markets for Refined Copper of Tanzania between 2021 and 2022 were India ($164M), Oman ($34M), and Bulgaria ($27.5M).

Imports In 2022, Tanzania imported $1.17B in Refined Copper, becoming the 18th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 2nd most imported product in Tanzania. Tanzania imports Refined Copper primarily from: Democratic Republic of the Congo ($1.17B), South Africa ($88.9k), United Arab Emirates ($45.3k), India ($10.7k), and Turkey ($2.59k).

The fastest growing import markets in Refined Copper for Tanzania between 2021 and 2022 were United Arab Emirates ($45.3k), India ($5.67k), and China ($2.48k).

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 Refined Copper. 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)$384M
IMPORTS (2022)$1.17B
NET TRADE (2022)-$782M

In 2022, Tanzania exported $384M in Refined Copper. The main destinations of Tanzania exports on Refined Copper were India ($202M), Oman ($41.5M), Bulgaria ($33M), Thailand ($28.4M), and China ($17.9M).

In 2022, Tanzania imported $1.17B in Refined Copper, mainly from Democratic Republic of the Congo ($1.17B), South Africa ($88.9k), United Arab Emirates ($45.3k), India ($10.7k), and Turkey ($2.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Tanzania WERE (2021 - 2022):
India$164M (433%)
Oman$34M (455%)
Bulgaria$27.5M (508%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Tanzania WERE (2021 - 2022):
Spain-$93.1M (-94.1%)
China-$26.8M (-60%)
Saudi Arabia-$8.36M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Tanzania's main exporting competitors in Refined Copper were:
In 2022, Tanzania's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $49.4M
TOP IMPORT POTENTIALSouth Africa+ $56.6k

Refined Copper’s highest export potential is China. With an export gap of $49.4M.   Refined Copper’s highest import potential is South Africa with an import gap of $56.6k.

See methodology.

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