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INDIA – TANZANIA TRADE STATISTICS


Tanzania Trade Statistics

 

Details

FOB Value (US$ Million)

2011

2012

2013

2014

2015

2016

Indian export to Tanzania

1,564.95

880.63

2,308.71

2,467.14

1259

1421.46

Indian import from Tanzania

208.00

480.11

752.17

1,293.00

1149

706.20

Balance of Trade
[in favor of India]

1,356.95

400.52

1,556.54

1,174.14

110

715.26

Top five Indian imports from Tanzania

 


Commodities

FOB Value (US$ Million)

2012

2013

2014

2015

2016

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

141.92

428.14

569.49

539.5

282.79

Coconuts, Brazil nuts and cashewnuts

136.42

148.26

273.91

199.29

208.70

Dried leguminous vegetables, shelled

90.65

69.81

74.71

224.6

131.73

Wood sawn or chipped lengthwise, sliced or peeled

12.18

15.61

22.98

16.4

13.12

Oil-cake and other solid residues of vegetable fats

12.58

14.01

63.02

5.06

5.19

Top five Indian exports to Tanzania

 


Commodities

FOB Value (US$ Million)

2012

2013

2014

2015

2016

Petroleum and oil obtained from bituminous minerals

170.90

1,492.7

1,467.56

428.66

756.38

Medicaments

49.27

102.23

233.06

147.69

157.30

Cane or beet sugar

40.30

8.97

25.09

34.32

27.65

Motorcycles and cycles fitted with an auxiliary motor

11.19

24.62

28.78

15.85

17.91

Motor vehicles

23.76

26.09

24.28

12.04

15.08

 

Major Indian investments in Tanzania


According to the Tanzania Investment Centre (TIC), investments with Indian interest for the period of 1990-2016 (Cumulative) amounts to USD 2.12 billion with 419 companies/institutions, supporting employment for about 54,292 Tanzanians. Major areas of investment from India were: manufacturing, telecom, transport, agriculture, tourism, services, construction, energy, financial, natural resources, human resources, broadcasting and computer. Separately, an amount of US$ 497.12 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), Reliance Industries Ltd, 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.