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Tanzania-China Trade Volume Reached USD3.7bn in 2013

February 24, 2014
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According to the Chinese Ambassador to China Mr Lu Youqing, trade volumes between China and Tanzania amounted to USD3.7bn in 2013.

The announcement was made in Dar es Salaam at the event accompanying the start of the Chinese new year.

According to ambassador Youqing to date more than 500 Chinese companies have invested in Tanzania.

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The Chinese embassy to Tanzania previously informed the general public during February 2014 that China’s total direct investment in Tanzania soared from $700 million in 2011 to $2.1 billion in 2013, turning the world’s second biggest economy into the biggest foreign investor in the east African country.

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Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

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