ONOMO Hotel Dar es Salaam
Dar es Slaam International Trade Fair DITF 2024

Tanzania Exports Increase by 48% in Q4 2019


The Bank of Tanzania (BOT) Quarterly Economic Bulletin of June 2020 shows that Tanzania’s export increased by 48% to USD 1.7 billion in Q4 2019 from USD 1.1 billion in Q4 2018.

The increase in Tanzania’s export was driven both by traditional (26% of total export) and non-traditional exports (74% of total exports).

Traditional exports include coffee, cotton, sisal, tea, tobacco, raw cashew nuts, and cloves. Non-traditional exports include minerals, manufactured goods, etc.

TanzaniaInvest Whatsapp Channel

Traditional goods export reached USD 450.9 million in Q4 2019 and more than doubled compared to Q4 2018 driven by cashew nuts.

Non-traditional goods export reached USD 1.1 billion in Q4 2019 marking an increase of 29% compared to Q4 2019 driven by gold.

Tanzania Export

Tanzania’s export reached USD 5.07 billion in 2019 compared to USD 3.98 billion in 2018 marking an increase of 27%.

Tanzania’s export consists mostly of food items (41%), followed by others (35%), manufactured goods (14%), ores and metals (7%), and agricultural raw materials (4%).

The country’s top five trading partners are India, the United Arab Emirates, South Africa, Switzerland, and China.

RELATED:  Tanzania Tourism Arrivals Surpass 1.6 Million in Year Ending May 2023, Reaching Historic Heights
Related Posts