Trade Opportunities

Following its liberalized trade regime and a sustained economic growth, Tanzania has enormous opportunities in both domestic and external markets. Currently, Tanzania exports coffee, cotton, manufactures, cashew nuts, minerals, tea, sisal, tobacco, cloves and pyrethrum to Germany, Japan, India, Belgium-Luxembourg and Britain ; and imports machinery and transport equipment, textiles and clothing, petroleum products and food & drinks from Britain, Kenya, Japan, Saudi Arabia, India and China.

Tanzania is also strategically located as it provides an entrance to six landlocked neighbouring countries. Therefore business opportunities in Tanzania go beyond its borders, by considering the East African Community (with almost 90 million people), SADC (300 million people), EU (through Everything But Arms initiative), US market through the African Growth and Opportunity Act (AGOA) window, and Chinese market through Special Preferential Tariff Agreement with China. In all these markets products from Tanzania receive either relatively low tariff or tariff free treatment.