Merchandise Trade Balance in Tanzania
In the year 2024, the merchandise trade balance in Tanzania was USD -5.32 billion, compared to USD -5.68 billion in 2014 and USD -6.05 billion in 2023. It averaged USD -3.99 billion over the last decade. For more information on trade, visit our dedicated page
Tanzania Trade Chart
Note: This chart displays Trade Balance (USD billion) for Tanzania from 2014 to 2024.
Source: Macrobond.
Tanzania Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -1.5 | -3.2 | -6.9 | -6.1 | -5.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Tanzanian trade projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Tanzanian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Tanzanian trade projections.
Want to get access to the full dataset of Tanzanian trade forecasts? Send an email to info@focus-economics.com.