Tanzania recorded a trade deficit of 961.10 USD Million in the third quarter of 2018. Balance of Trade in Tanzania averaged -1055.19 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 3358.00 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 3313.00 in 12 months time. In the long-term, the Tanzania Balance of Trade is projected to trend around 3241.00 USD Million in 2020, according to our econometric models.

Tanzania Balance of Trade
Forecast Data Chart
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Tanzania Trade Last Previous Highest Lowest Unit
Balance of Trade -961.10 -944.10 -432.40 -1714.92 USD Million [+]
Current Account -616.90 -786.60 -43.20 -1486.97 USD Million [+]
Current Account to GDP -1.80 -4.50 -0.20 -13.40 percent [+]
Imports -2014.10 -1959.90 -1775.30 -3062.08 USD Million [+]
Exports 1053.00 1015.90 1598.90 946.50 USD Million [+]
Terms Of Trade 100.80 100.20 119.40 100.00 Index points [+]
Terrorism Index 3.37 3.41 3.98 0.06 [+]
External Debt 21184.20 21045.80 21184.20 2469.70 USD Million [+]
Capital Flows -802.20 -552.60 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-961.10 -944.10 -432.40 -1714.92 2012 - 2018 USD Million Quarterly
Current Prices, NSA

Country Last Previous
Argentina 372.00 Jan/19
Australia 4549.00 Jan/19
Brazil 3670.00 Feb/19
Canada -4593.40 Dec/18
China 41.18 Feb/19
Euro Area 1547.90 Jan/19
France -4195.00 Jan/19
Germany 14500.00 Jan/19
India -9600.00 Feb/19
Indonesia 329.50 Feb/19
Italy 321.80 Jan/19
Japan 339.00 Feb/19
Mexico -4809.60 Jan/19
Netherlands 2868.00 Jan/19
Russia 13368.00 Jan/19
Saudi Arabia 184673.00 Sep/18
Singapore 5198.50 Feb/19
South Africa -13082.76 Jan/19
South Korea 3098.00 Feb/19
Spain -4483276.00 Jan/19
Switzerland 2037.56 Feb/19
Turkey -2503.45 Jan/19
United Kingdom -3825.00 Jan/19
United States -59769.00 Dec/18