Tanzania Exports

Exports in Tanzania decreased to 769.30 USD Million in January of 2014 from 799.90 USD Million in December of 2013. Exports in Tanzania is reported by the Bank of Tanzania. Exports in Tanzania averaged 471.44 USD Million from 2006 until 2014, reaching an all time high of 888.60 USD Million in November of 2013 and a record low of 214.40 USD Million in March of 2006. 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. This page provides - Tanzania Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
769.30 799.90 888.60 214.40 730.74 | 2014/06 2006 - 2014 USD Million Monthly

TO

Tanzania Exports
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -432.30 2014-01-31 -263.50 -101.80 -763.00 -282.20 2014-06-30 USD Million [+]
Current Account -458.40 2014-01-31 -228.10 263.80 -776.40 -362.61 2014-06-30 USD Million [+]
Exports 769.30 2014-01-31 799.90 888.60 214.40 730.74 2014-06-30 USD Million [+]
Imports 1201.60 2014-01-31 1063.40 1401.20 331.00 1194.80 2014-06-30 USD Million [+]
Current Account to GDP -11.10 2012-12-31 -11.90 -0.20 -13.40 -11.02 2014-06-30 Percent [+]
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Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


RELATED NEWS

Tanzanian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Tanzania accelerated to 6.1 percent in March of 2014, from 6.0 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 9.8 in March of 2013.
Tanzania Inflation Rate Unchanged in February  
Tanzania's annual inflation rate was 6.0 percent in February of 2014, unchanged from the previous month. The government targets 5.0 percent inflation by June.
Tanzania Inflation Rate Accelerates in January  
In January of 2014, Tanzania’s annual inflation rate increased to 6 percent after falling in December to a 3-year low at 5.6 percent. The rise was mainly due to higher cost of electricity and natural gas and school fees for both private primary and secondary schools.
Tanzania Inflation Rate Slows in December  
In December of 2013, Tanzanian annual inflation rate slowed to 5.6 percent from 6.2 percent in November. In contrast, monthly inflation accelerated to 1.3 percent due to higher cost of both food and non food items such as petrol and clothing.
Tanzania Inflation Rate Falls to 6.2% in November  
In November of 2013, Tanzanian inflation rate regained its downward trend and slowed to 6.2 percent, after accelerating to 6.3 percent in the previous month.
Tanzania Inflation Rate Accelerates to 6.3% in October  
In October of 2013, Tanzanian annual inflation rate increased to 6.3 percent, slightly up from 6.1 percent in the previous month. With the exception of December last year when the rate remained steady, inflation has been on a downward trend since December of 2011, as good harvest seasons led to a fall in food prices.
Tanzania Inflation Rate Decreases to 6.1% In September  
In September of 2013, Tanzanian inflation rate eased to 6.1 percent, from 6.7 percent in August, mainly due to a slowdown in housing and transport prices.
Tanzania Inflation Rate Eases to 6.7% in August  
In August of 2013, Tanzanian inflation rate eased to 6.7 percent, the lowest rate since January of 2011, mainly due to lower food prices.
Tanzania Inflation Rate Slows to 7.5% in July  
In July of 2013, Tanzanian year-on-year inflation rate eased for the seventh consecutive month to 7.5 percent, from 7.6 percent recorded in June, mainly due to lower energy cost.
Tanzanian Inflation Rate Down to 28-Month Low in June  
In June of 2013, Tanzanian year-on-year inflation rate eased for the sixth month in a row to 7.6 percent, the lowest rate since February of 2011. All food and non-food prices decelerated in June, except for education which remained unchanged from May's figure.
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LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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