Tanzania – Pakistan Trade Potential Reach USD 1 billion, Minister Of Foreign Affairs Indicates

pakistan-tanzania-trade

Tanzania and Pakistan have recently expressed their interest in strengthening commercial ties and cooperation  to tap a trade potential of USD 1 billion through investments in key sectors such as agriculture, mining and oil and gas.

According to Pakistani Charge d’Affaires Mr. Amir Muhammad Khan, the current trade volume between both countries stands at USD 100 million and can only grow if economic ties are strengthened.

To reach this goal, it is important to focus not only on trade but also on political relationships, reason why Pakistan and Tanzania are in talks to support the opening of high commissions in both countries and increase bilateral trade relations, Mr. Khan added.

On the Tanzanian side, the Minister of Foreign Affairs, East African, Regional and International Cooperation Mr. Ramadhan Mwinyi, explained that Pakistan has strong communities in major cities around the world, therefore the need to improve relations with them.

Talks for establishing a conducive investment and trade environment by avoiding double taxation and proposing promoting and protection agreements are in progress, Minister Mwinyi added.

By tapping opportunities in industries, agriculture, and energy and mineral sectors the existing trade potential between Pakistan and Tanzania can reach a volume of USD 1 billion per year, he stressed.

According to Mr. Khan, since the establishing of diplomatic relations between the two countries in 1967, a strong foundation in different fields of cooperation has been established with the training of Tanzanian diplomats, railway technicians, bankers, and military personnel.

More recently in February 2016, a business delegation compounded by 8 businessmen from Islamabad visited Tanzania to undertake business-to-business (B2B) meetings with key local business communities and factories to expand trade between both countries.

According to the Massachusetts Institute of Technology (MIT), in 2013 the main products exported from Pakistan to Tanzania are cement and rice, while the main exported from Tanzania are tea and raw cotton.

Want to know more about Trade in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Trade, plus regulations, key sectors, and investment opportunities—all in one place.

Download Free Guide
Related Posts
TANZANIA ECONOMIC UPDATE YE APRIL 2026
Read More

Tanzania Exports Grow 13.5% to USD 18.9 Billion in Year Ending April 2026, Led by Gold and Tourism

The Bank of Tanzania's May 2026 review shows exports rising 13.5% to USD 18,876.7 million for the year ending April 2026, led by gold and tourism, while headline inflation climbed to 4% on higher fuel prices. Private sector credit grew 23.6%, the CBR was held at 5.75%, the Shilling appreciated 2.7% to TZS 2,612.46 per USD, and foreign exchange reserves reached USD 5,722.5 million, covering 4.4 months of imports.
TPSF Strategic Policy Note Private Sector Investment
Read More

TPSF Policy Note Urges Tanzanian Private Sector to Shift from Trading to Investment as FDI Hits USD 1.72 Billion in 2024

The Tanzania Private Sector Federation (TPSF) has released a Strategic Policy Note urging local entrepreneurs to transition from trading into productive investment, as Foreign Direct Investment inflows into Tanzania reached a record USD 1.72 billion in 2024, a 28.3% increase year-on-year. The note argues that Tanzanian entrepreneurs must move beyond importation into local manufacturing and value addition, targeting sectors where Tanzania holds a competitive advantage, namely agro-processing, textiles, construction materials, and pharmaceuticals.
TANZANIA ECONOMIC UPDATE YE MARCH 2026
Read More

Tanzania Monthly Economic Review March 2026: Exports Rise 12.8% as Gold Jumps 38.5%, Manufacturing Up 32% and Tourism Receipts Reach USD 4.3 billion

Tanzania’s Monthly Economic Review for March 2026 shows export earnings rose 12.8% to USD 18.6 billion, driven by a 38.5% increase in gold exports to USD 5.2 billion, a 32% rise in manufactured goods exports to USD 1.8 billion, and stronger service receipts from tourism and transport. Travel earnings reached USD 4.3 billion, transport receipts rose to USD 2.7 billion, and traditional exports also increased.