Tanzania Imports

Imports in Tanzania increased to 1201.60 USD Million in January of 2014 from 1063.40 USD Million in December of 2013. Imports in Tanzania is reported by the Bank of Tanzania. Imports in Tanzania averaged 775.97 USD Million from 2006 until 2014, reaching an all time high of 1401.20 USD Million in September of 2013 and a record low of 331 USD Million in March of 2006. 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 - Tanzania Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1201.60 1063.40 1401.20 331.00 1293.24 | 2014/02 2006 - 2014 USD Million Monthly

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Tanzania Imports
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Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -432.30 2014-01-31 -263.50 -101.80 -763.00 -431.58 2014-02-28 USD Million [+]
Current Account -458.40 2014-01-31 -228.10 263.80 -776.40 -472.87 2014-02-28 USD Million [+]
Exports 769.30 2014-01-31 799.90 888.60 214.40 727.22 2014-02-28 USD Million [+]
Imports 1201.60 2014-01-31 1063.40 1401.20 331.00 1293.24 2014-02-28 USD Million [+]
Current Account to GDP -11.10 2012-12-31 -11.90 -0.20 -13.40 -11.12 2013-12-31 Percent [+]
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Imports | Notes
An import is any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country. Import of goods normally requires involvement of the Customs authorities in both the country of import and the country of export and is often subject to import quotas, tariffs and trade agreements.


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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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.
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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.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
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