Exporting guide to Tanzania
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.
Tanzania: at a glance
Currency
Tanzanian Shilling
Business language
English, Swahili
GDP per capita
$1,177
Actual figure (IMF, 2021). The UK is $47,203 (IMF, 2021, projected figure)
Economic growth
4.9%
(IMF, 2021)
Time zone
GMT +3
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Check for trade barriers
Trade barriers, such as tariffs or taxes, can raise costs, cause delays, or even stop you from exporting. Check for any issues that may impact your business when exporting.
Check duties and customs
Find information on how to export goods from the UK. View the duties, rules, restrictions, and the documents you need for your products.
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.
