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
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

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 21529.60 21433.10 21529.60 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 May 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 1183.00 Mar/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.39 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1429.00 Mar/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19