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Products that were traded the most in this market were minerals, tea, avocados, construction glass, coffee, mosquito nets, soap and lotions, Dr Kijaji said.
Tanzania’s exports to Asian countries, including China, India, Japan, and the United Arab Emirates (UAE), stood at Sh7.48 trillion in 2023. This represented a 31.6 percent decrease from Sh10.9 trillion worth of exports registered in 2022, Asian countries remained Tanzania’s key trading partners.
Tanzania imported goods worth Sh21.52 trillion from Asian markets in 2023, slightly lower than the 2022 figure of Sh23.32 trillion. The decline in imports was due to a reduction in the importation of capital and ordinary goods that were previously sourced from Asia. Tanzania exported goods worth Sh4.42 trillion to the Sadc region in 2023 compared to Sh4.61 trillion in 2022.
Imports from Sadc nations amounted to Sh2.01 trillion in 2023 compared to Sh1.41 trillion in 2022.
Products that were traded the most in this market were minerals, tea, avocados, construction glass, coffee, mosquito nets, soap and lotions, Dr Kijaji said.
Europe was the third largest export destination for Tanzania in 2023, with the value of exports rising by 56.8 percent to Sh3.83 trillion from Sh2.44 trillion in 2022. The value of imports from Europe dropped to Sh4 trillion in 2023 from Sh4.4 trillion in 2022.
Tanzania exported to other East African Community (EAC) member states products valued at Sh3 trillion, a 16.6 percent decline from Sh3.4 trillion that was recorded in 2022. Tanzania imported goods worth Sh1.34 trillion from the rest of the EAC in 2023 compared to Sh1.48 trillion in 2022.
Dr Kijaji explained that the decline in sales of commodities such as coffee was due to Tanzania selling the products directly to international markets instead of through Kenya as was the case previously.
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Through the African Continental Free Trade Area (AfCFTA) market, the government revealed that a total of 11 Tanzanian companies have successfully sold products to various African countries, with a total of 24 certificates issued to these companies. The products that have been sold included 426.4 tons of sisal fibers to Nigeria, Ghana, Morocco, and Egypt, 273.3 tons of coffee to Algeria, and 21.1 tons of tobacco to Nigeria.