National Trade Update

Tanzania's total exports of goods and services rose to $17.59 billion, driven largely by a surge in gold exports and the country's proactive ratification of the African Continental Free Trade Area (AfCFTA). Additionally, the government continues to improve the business environment by clearing hundreds of operational hurdles for the private sector

Key Trade Metrics & Indicators

• Total Exports: Reached $17.59 billion, anchored by gold ($4.69 billion) and traditional agricultural goods like tobacco, coffee, and cashew nuts.
• Trade Deficit: The trade balance deficit has significantly improved and narrowed to $5.15 billion, bolstered by a reduction in oil import costs and booming transit freight earnings.
• Key Trading Blocs: Tanzania maintains massive trade flows under regional agreements like AfCFTA, SADC, and the EAC.
• Key Partners: China and India lead as the primary sources of imports, while Asian nations overall dominate Tanzania's export and import markets