Afpedia Products For Sellers For Buyers Trade Shows Industrial Cluster

Online Translation

Sign In

Join Now



Tanzania gold exports increased by 25%

Tanzania gold exports increased by 25%

Image from

Tanzania's latest economic monthly report shows that in August 2019, gold exports increased by 25.1% to reach 1.915 billion US dollars, accounting for more than half of non-traditional exports.

The value of non-traditional exports was USD 3,904.2 million in the year ending August 2019 compared with USD 3,257.5 million in the corresponding period in 2018, largely driven by minerals (particularly gold), and manufactured goods.

The increase in the export of manufacturing goods manifested mostly in manufactured coffee, yarn and twine, iron and steel, and fertilizers.

Services receipts amounted to USD 3,916.3 million in the year ending August 2019 compared with USD 3,887.4 million in the year ending August 2018 and accounted for 44.7 percent of total exports. Much of the increase emanated from travel receipts.

The value of traditional goods exports fell by 55.0% year-on-year to USD 508.8 million in the year ending August 2019.

The decline was general for all traditional goods exports, save for coffee. The value of coffee exports rose on account of an increase in volume following good weather during the crop season, while that of cashew nuts declined due to fall in both volume and unit prices in the world market.

The value of cloves, tobacco and sisal export decreased on account of volume, while that of tea was driven by price in the world market. Cloves did not perform well due to the cyclical nature of the crop.

For the year ending August 2019, the overall export of goods and services improved slightly to USD 8,770.6 million from USD 8,713.2 million in the year ending August 2018.

Follow Us:
As an authority of media industry, we can provide you integrated brand communication on your products! Reasonable advertising prices will let you enjoy great over-valued service!”
Customized Service
Customized information such as product prices, company trends, market forecasts, price curves, etc. will help you fully grasp the latest trend!
Tailor-made, in-depth, professional research reports which will explore the business opportunities is your effective decision-making reference!
Professional and accurate trade data will help you break through the export bottleneck of products, track peer dynamics, and grasp industry trends!

Buyers Suppliers

Hot Search