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INDIA – TANZANIA TRADE STATISTICS

Tanzania Trade Statistics


Details FOB Value (US$ Million)
2011 2012 2013 2014 2015 2016 2017 (Jan-Oct)
Indian export to Tanzania 1,564.95 880.63 2,308.71 2,467.14 1259 1421.46 933.92
Indian import from Tanzania 208.00 480.11 752.17 1,293.00 1149 706.20 737.29
Balance of Trade [in favor of India] 1,356.95 400.52 1,556.54 1,174.14 110 715.26 196.63

Top five Indian imports from Tanzania


Commodities FOB Value (US$ Million)
2012 2013 2014 2015 2016 2017 ( Jan-Oct)
Gold, unwrought or in semi-manufactured forms, or in powder form 141.92 428.14 569.49 539.5 282.79 487.15
Coconuts, Brazil nuts and cashewnuts 136.42 148.26 273.91 199.29 208.70 82.58
Dried leguminous vegetables, shelled 90.65 69.81 74.71 224.6 131.73 73.71
Veneer sheets and sheets for plywood, etc. ------ ------ 0.01 ------ ------ 27.26
Wood sawn or chipped lengthwise, sliced or peeled 12.18 15.61 22.98 16.4 13.12 16.59

Top five Indian exports to Tanzania


Commodities FOB Value (US$ Million)
2012 2013 2014 2015 2016 2017 (Jan-Oct)
Petroleum and oil obtained from bituminous minerals 170.90 1,492.7 1,467.56 428.66 756.38 286.58
Medicaments 49.27 102.23 233.06 147.69 157.30 208.01
Petroleum coke, bitumen and other residues of petroleum oils 1.56 ------- 6.01 5.92 0.12 33.16
Motor vehicles (for goods & passengers) 23.76 26.09 24.28 12.04 15.08 21.71
Motorcycles and cycles fitted with an auxiliary motor 11.19 24.62 28.78 15.85 17.91 13.6

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.