Trade Balance in Tanzania

Tanzania Trade Balance | Economic News & Forecasts

Tanzania - Trade Balance

Following Q2’s GDP growth, conditions should have continued to improve in Q3 and at the outset of Q4. Merchandise exports increased at a quicker pace on average in Q3 compared to the prior quarter, pointing to healthier foreign demand dynamics, and they continued to grow in October, albeit at a softer pace. Meanwhile, goods import growth softened in Q3, but accelerated markedly in October, signaling healthier domestic demand at the outset of the fourth quarter. Moreover, personal credit expanded at a quicker rate in Q3 than in Q2 and accelerated further in October, boding well for household spending. Meanwhile, in mid-November, the IMF approved and disbursed two thirds of the country’s Special Drawing Rights quota—around USD 372 million—in emergency financial assistance to enable the implementation of its Covid-19 relief plans.

Tanzania - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-5.0  -3.6  -3.0  -3.6  -3.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Tanzania Trade Balance Chart


Tanzania Trade Balance
Note: Trade balance in USD bn

Tanzania Facts

Value Change Date
Bond Yield14.730.0 %Dec 31
Exchange Rate2,3000.0 %Jan 01
Stock Market1.20.0 %Jan 06

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form