Tanzania recorded a trade deficit of 944.10 USD Million in the second quarter of 2018. Balance of Trade in Tanzania averaged -1058.81 USD Million from 2012 until 2018, reaching an all time high of -432.40 USD Million in the fourth quarter of 2016 and a record low of -1714.92 USD Million in the third quarter of 2013.

Balance of Trade in Tanzania is expected to be -14.65 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Tanzania to stand at -14.74 in 12 months time. In the long-term, the Tanzania Balance of Trade is projected to trend around -14.74 USD Million in 2020, according to our econometric models.

Tanzania Balance of Trade
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Tanzania Trade Last Previous Highest Lowest Unit
Balance of Trade -944.10 -607.70 -432.40 -1714.92 USD Million [+]
Current Account -786.60 -500.70 -43.20 -1486.97 USD Million [+]
Current Account to GDP -1.80 -4.50 -0.20 -13.40 percent [+]
Imports -1959.90 -2000.20 -1775.30 -3062.08 USD Million [+]
Exports 1015.90 1392.50 1598.90 946.50 USD Million [+]
Terms Of Trade 100.80 100.20 119.40 100.00 Index points [+]
Terrorism Index 3.41 3.83 3.98 0.06 [+]
External Debt 20555.60 20592.40 20592.40 2469.70 USD Million [+]
Capital Flows -552.60 -124.40 1606.20 -1327.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Tanzania Balance of Trade

Tanzania major exports are agricultural commodities with tobacco, coffee, cotton, cashewnuts, tea and cloves being the most important. Other exports include gold and manufactured goods. Tanzania main exports partners are India, Japan, China, United Arab Emirates, Netherlands and Germany. Tanzania imports mostly transport equipment, machinery, constructions materials, oil, fertilizers, industrial raw materials and consumer goods. Main imports partners are: China, India, South Africa, Kenya and United Arab Emirates. This page provides the latest reported value for - Tanzania Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tanzania Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-944.10 -607.70 -432.40 -1714.92 2012 - 2018 USD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -16670.00 Nov/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4850.00 Oct/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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