Exporting to Tanzania

Tanzania is located on the East Coast of Africa. Due to its borders with Kenya, Uganda, Rwanda, Burundi, the Democratic Republic of Congo, Zambia, Malawi and Mozambique, it can be a good gateway to these landlocked countries. In the year ended June 2019, total UK exports to Tanzania amounted to £176 million (IMF, 2019).

Growing export market

Tanzania is expected to see a growth in imports of 8.2% this year and 9.6% in 2020, with consistent growth expected to follow (IMF, 2019). This highlights a growing demand for imported goods which UK businesses could benefit from.

Improving economy

Tanzania saw a real GDP growth of 7.0% in 2018, with 5.2% estimated for 2019 and consistent growth expected to follow (IMF, 2019). This should lead to an increase in spending power for the Tanzanian consumer.

Demand for goods and services

In the year to June 2019, the top goods exported from the UK to Tanzania were road vehicles (other than cars), electrical goods, telecoms and sound equipment, industrial machinery and scientific instruments (ONS, 2019). In terms of services, the top services imported by Tanzania from the world were transport and travel (ITC Trade Map, 2019). Therefore, if you operate in any of these industries, Tanzania could be a good market for you.

Ease of doing business

144th

out of 190 countries (World Bank, 2018)

Currency

Tanzanian Shilling

Business language

English, Swahili

GDP per capita

$1,040

UK is $42,558 (IMF, 2018)

Economic growth

7.0%

(IMF, 2018)

Time zone

GMT +3

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.