Tanzania Trade Data – Tanzania Import Export Market Watch

Tanzania, officially the
United Republic of Tanzania is a country in East Africa. Tanzania has been
recording a negative balance of trade since last years as its imports were
higher than exports. According to Export Genius, Tanzania’s imports valued US$ 8,510 million and
exports valued US$ 3,795 million. The largest trading partners of Tanzania are India,
China and South Africa. Let’s have an overall view of Tanzanian market with
special focus on Tanzania import statistics and export statistics.

According to the International Monetary Fund (IMF), Tanzania’s
gross domestic product (GDP) was an estimated $56.7 billion (nominal), or
$176.5 billion on purchasing power parity (PPP).   

 

How
Much Trade Tanzania Did in Last 5 Years?

Tanzania has been recording
a trade deficit since last 5 years, although figures have been on the declining
trend. The country registered trade balance of US$ -6,989 million in 2014 and
US$ -4,714 million in 2018. Check Tanzania’s trade balance of last five years.

 

What
Does Tanzania Import?

According to Tanzania import data, the country purchased
goods worth US$ 8,510 million in 2018, rose from previous year’s US$ 7,765
million. Tanzania’s imports of mineral fuels & oils recorded the highest
number of shipments with share in value of 20.83% as compared to the total
import commodities. Top 5 Tanzania imports accounted 53.99% of the overall
value of shipments entered into the country.  

 

Which
Countries, Tanzania Imports Goods From?

Tanzania’s largest import
partners are China, India, United Arab Emirates, Saudi Arabia and South Africa.
According to Tanzania customs data, the country purchased goods worth US$ 1,761
million from China in 2018. Tanzania’s imports from India valued US$ 1,217
million. Top 5 Tanzania import partners accounted 57% of the total shipments
arrived into the country.

 

What
Does Tanzania Export?

As per Tanzania export data, country’s major exports are pearls &
precious stones, tobacco, coffee, tea, fish and edible fruits & nuts. Total
export shipments of pearls & precious stones valued US$ 1,599 million were
departed from the country in 2018. Goods under Chapter 71 shared 42.13% value
to total exports. Top 5 Tanzania’s exports accounted 62.74% to overall value of
export shipments.

 

Which
Countries, Tanzania Export Products To?

Tanzania’s major export
partners are South Africa, India, Switzerland, Belgium and Kenya. Tanzania
shipped goods worth US$ 743 million to South Africa in 2018. Another US$ 727
million worth of commodities was supplied to India. Top 5 Tanzania largest
export partners shared 57.7% to the overall value of export shipments.

 

If you want to import or
export any product into Tanzania, get Tanzania import export data with complete
shipment details. Have a look at Tanzania export sample which will help you understand
the specific information in data.

Tanzania
Export Sample

 

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