Tanzania has a population of 44.9 million people (2012 Census) and GDP per capita of US$ 566 (2011). According to Tanzania’s National Bureau of Statistics, real GDP for the third quarter (Q3) of 2012 grew at 6.5%. This growth was due to continued strong growth in the manufacturing sector, increased energy production, and robust growth in construction activities which includes work in progress at the Tabora airport, Dar es Salaam Bus Rapid Transport and other road network construction.
Tanzania's main trading partners are the European Union (EU), China, India and neighboring Southern African Development Community (SADC) and East African Community (EAC) countries. Tanzania's exports to the U.S. are dominated by agricultural commodities, minerals, and textiles while imports from the U.S. include wheat, agricultural and transport equipment, chemicals, used clothes and machinery.
Tanzania has abundant natural resources with productive use implications for agriculture, mining, energy and tourism. The country has 44 million hectares of arable fertile land with only about 21% currently under cultivation.
Resources include diamonds, gemstones, gold, coal, iron, nickel, forest products, domesticated livestock, wildlife, fisheries and marine resources, natural gas and possibly oil. Primary exports in terms of value include gold and tobacco, while key imports are capital and consumer goods.
For more details on Doing Business in Tanzania, read the Tanzania Country Commercial Guide, at this link: Country Commercial Guide
Economic & Commercial Officer
U.S. Embassy Dar es Salaam
Tel: +255 22 229 4166
U.S. Commercial Service
U.S. Embassy, Nairobi
Tel: +254 (20) 363-6424
Fax: +254 (20) 363-6065