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INDIA – TANZANIA TRADE STATISTICS

Tanzania Trade Statistics


Details

FOB Value (US$ Million)

2012

2013

2014

2015

2016

2017
 

2018 (June)

Indian export to Tanzania

880.63

2,308.71

2,467.14

1259

1421.46

1154.25

547.71

Indian import from Tanzania

480.11

752.17

1,293.00

1149

706.20

1006.83

444.69

Balance of Trade
[in favor of India]

400.52

1,556.54

1,174.14

110

715.26

147.42

103.02


Top five Indian imports from Tanzania



Commodities

FOB Value (US$ Million)

2013

2014

2015

2016

2017

2018 (June)

Gold, unwrought or in semi-manufactured forms, or in powder form

428.14

569.49

539.5

282.79

596.66

322.37

Coconuts, Brazil nuts and cashewnuts

148.26

273.91

199.29

208.70

233.60

85.28

Wood sawn or chipped lengthwise, sliced or peeled

15.61

22.98

16.4

13.12

19.15

9.45

Dried leguminous vegetables, shelled

69.81

74.71

224.6

131.73

75

6.52

Veneer sheets and sheets for plywood, etc.

------

0.01

------

0.09

27.35

0.13


Top five Indian exports to Tanzania



Commodities

FOB Value (US$ Million)

2013

2014

2015

2016

2017

2018 (June)

Petroleum and oil obtained from bituminous minerals

1,492.7

1,467.56

428.66

756.38

393.75

198.84

Medicaments

102.23

233.06

147.69

157.30

232.26

44.39

Motor vehicles (for goods & passengers)

26.09

24.28

12.04

15.08

26.33

20.75

Motorcycles and cycles fitted with an auxiliary motor

24.62

28.78

15.85

17.91

16.42

6.44

Petroleum coke, bitumen and other residues of petroleum oils

-------

6.01

5.92

0.12

33.18

3.13


Major Indian investments in Tanzania
According to the Tanzania Investment Centre (TIC), investments with Indian interest for the period of 1990-May 2017 (Cumulative) amounts to USD 2.13 billion with 420 projects/companies, support employment for about 54,406 Tanzanians. Major areas of investment from India were: manufacturing, transport, agriculture, tourism, construction, services, energy, financial, natural resources, telecom, human resources, broadcasting and computer. Separately, an amount of US$ 518.66 million has been invested by Indian companies in EPZA’s across the country, supporting 3644 jobs in 18 companies. Some of the major Indian companies operating in Tanzania are: Bank of Baroda, Bank of India, Tata International Limited, National Mineral Development Corporation [NMDC], all the six Public Sector insurance companies of India (LIC, NIC, GIC, National Insurance, Oriental, United India), Kamal Group of Industries, Bharti Airtel.

Major Tanzanian investment in India
Export Trading Group from Tanzania has processing plants for pulses in Maharashtra and Gujarat and Techno Brains has IT office in Hyderabad. Zanzibar Tourism Promotion Centre operates in Mumbai.