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Friday, 20 November 2009   |   Last Updated: 24 August 2009

 

Tanzania

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U.S.-Tanzania Trade Facts

Tanzania is currently the United States' 140th largest goods trading partner with $225 million in total (two way) goods trade during 2008. Goods exports totaled $169 million; Goods imports totaled $56 million.

Tanzania is eligible for trade benefits under the African Growth and Opportunity Act (AGOA).  In 2008 U.S. imports from Tanzania under AGOA and the Generalized System of Preferences were valued at over $2 million and included apparel and precious stones and jewelry.

Exports

Tanzania was the United States' 129th largest goods export market in 2008.

U.S. goods exports to Tanzania in 2008 were $169 million, down 2.7% ($5 million) from 2007.

The top export categories (2-digit HS) in 2008 were: Machinery ($46 million), Miscellaneous Textile Articles ($21 million), Aircraft ($17 million), Vegetables ($14 million), and Cereals (wheat) ($9 million).

U.S. exports of agricultural products to Tanzania totaled $31 million in 2008. Leading category is: pulses ($14 million).

Imports

Tanzania was the United States' 137th largest supplier of goods imports in 2008.

U.S. goods imports from Tanzania totaled $56 million in 2008, up 20.8% ($10 million) from 2007.

The five largest import categories in 2008 were: Precious Stones (gemstones) ($17 million), Spices, Coffee and Tea (coffee) ($16 million), Edible Fruit and Nuts (cashew nuts) ($9 million), LAC and Vegetable SAP ($3 million), and Fish and Seafood (frozen perch fillets) ($3 million).

U.S. imports of agricultural products from Tanzania totaled $29 million in 2008. Leading categories include: coffee (unroasted) ($16 million), and tree nuts ($9 million).

Trade Capacity Building (TCB) Assistance:

Tanzania received over $584 million in TCB assistance from the United States in 2008.  The funding was predominantly administered by the Millenium Challenge Corporation (MCC) as part of a five-year, $698 million Compact and focused on improving physical infrastructure. The MCC Compact in Tanzania entered into force in September 2008, formally initiating the 5-year timeline for project implementation.

Investment

The amount of U.S. foreign direct investment (FDI) in Tanzania (stock) was unknown in 2007 (latest data available).