Tanzania

Tanzania ranked No. 111 in total trade value through March with a total of $143.23 million. Exports totaled $86.3 million and Imports totaled $56.93 million, a surplus of $29.37 million.

U.S. trade with Tanzania rose to $143.23 million through March

Tanzania’s trade with the United States rose to $143.23 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 112.2 percent above its total trade during the same time period last year. U.S. exports to Tanzania increased 128.93 percent while U.S. imports from Tanzania rose 91.04 percent. The U.S. surplus with Tanzania was $29.37 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Miami Int’l Airport; No. 3 John F. Kennedy International Airport; No. 4 Port of Jacksonville, Fla.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 John F. Kennedy International Airport No. 3 Port of Newark No. 4 Los Angeles International Airport and No. 5 Port of Jacksonville, Fla.. In the current time period, the top five accounted for 77.46 percent of Tanzania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 292.86 percent to $60.09 million.
    Exports rose 296.53 percent to $59.97 million. Imports fell 31.71 percent to $116,560.
  • Trade with No. 2 Miami Int’l Airport rose 1864.98 percent to $19.38 million.
    Exports rose 781.35 percent to $7.06 million. Imports rose 6554.08 percent to $12.32 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 80.98 percent to $19.13 million.
    Exports fell 45.28 percent to $1.04 million. Imports rose 108.8 percent to $18.09 million.
  • Trade with No. 4 Port of Jacksonville, Fla. rose 67.51 percent to $6.9 million.
    There were no exports. Imports rose 67.51 percent to $6.9 million.
  • Trade with No. 5 Port of Newark rose 3.32 percent to $5.45 million.
    Exports fell 57.19 percent to $632,264. Imports rose 26.87 percent to $4.81 million.

Tanzania ranked No. 111 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 140.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Tanzania by value through March were the categories of Petroleum gases, other gaseous hydrocarbons; Civilian aircraft, parts; Acyclic hydrocarbons; Aircraft engines, engine parts; and Low value shipments, respectively. They accounted for 75.06 percent of total exports to Tanzania.

The value of the top five categories of U.S. imports from Tanzania –– Precious stones; Aircraft engines, engine parts; Coffee; T-shirts, tank tops, knit or crocheted; and Vegetable extracts, pectates, agar, etc. –– accounted for 83.3 percent of all inbound shipments.

Looking more closely at U.S. exports to Tanzania:

  • Petroleum gases, other gaseous hydrocarbons totaled $24.75 million. The previous year, there were no exports in this category.
  • Civilian aircraft, parts rose 773.88 percent compared to last year to $19.35 million.
  • Acyclic hydrocarbons totaled $12.81 million. The previous year, there were no exports in this category.
  • Aircraft engines, engine parts rose 8192.85 percent compared to last year to $6.41 million.
  • Low value shipments rose 95.28 percent compared to last year to $1.45 million.

Looking more closely at U.S. imports from Tanzania:

  • Precious stones rose 94.35 percent compared to last year to $22.2 million.
  • Aircraft engines, engine parts totaled $12.18 million. The previous year, there were no imports in this category.
  • Coffee rose 52.4 percent compared to last year to $5.43 million.
  • T-shirts, tank tops, knit or crocheted rose 86.5 percent compared to last year to $5.19 million.
  • Vegetable extracts, pectates, agar, etc. rose 56.99 percent compared to last year to $2.41 million.

In the latest annual figures available, Tanzania recorded $462.1 million in trade with the United States. Total U.S. exports to Tanzania were $ 332.2 million and imports from Tanzania were $129.9 million. The U.S. surplus with Tanzania was $202.3 million.