Tanzania

Tanzania ranked No. 113 in total trade value through June with a total of $205.29 million. Exports totaled $125.39 million and Imports totaled $79.89 million, a surplus of $45.5 million.

U.S. trade with Tanzania rose to $205.29 million through June

Tanzania’s trade with the United States rose to $205.29 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 31.72 percent above its total trade during the same time period last year. U.S. exports to Tanzania increased 39.92 percent while U.S. imports from Tanzania rose 20.62 percent. The U.S. surplus with Tanzania was $45.5 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 John F. Kennedy International Airport; No. 3 Miami Int’l Airport; No. 4 Port of Philadelphia; and No. 5 Port of Charleston. 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 Los Angeles International Airport; No. 4 Port of Newark and No. 5 Port of Jacksonville, Fla.. In the current time period, the top five accounted for 64.61 percent of Tanzania’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 115.82 percent to $64.5 million.
    Exports rose 128.03 percent to $63.51 million. Imports fell 51.38 percent to $988,812.
  • Trade with No. 2 John F. Kennedy International Airport rose 5.39 percent to $22.15 million.
    Exports fell 50.12 percent to $2.15 million. Imports rose 19.69 percent to $20.01 million.
  • Trade with No. 3 Miami Int’l Airport rose 1047.4 percent to $19.57 million.
    Exports rose 398.38 percent to $7.23 million. Imports rose 4725.71 percent to $12.35 million.
  • Trade with No. 4 Port of Philadelphia rose 1204.19 percent to $14.39 million.
    Exports totaled $14.26 million. Imports fell 88.07 percent to $131,595.
  • Trade with No. 5 Port of Charleston rose 78.27 percent to $12.04 million.
    Exports rose 192.61 percent to $1.28 million. Imports rose 70.32 percent to $10.75 million.

Tanzania ranked No. 113 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 121.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Tanzania by value through June were the categories of LNG, other petroleum gases; Civilian aircraft, parts; Acyclic hydrocarbons; Misc. aircraft parts; and Plastics, respectively. They accounted for 69.65 percent of total exports to Tanzania.

The value of the top five categories of U.S. imports from Tanzania –– Precious stones; Misc. aircraft parts; T-shirts, tank tops, knit or crocheted; Coffee; and Men’s or boys’ slacks, suits, not knit –– accounted for 70.82 percent of all inbound shipments.

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

  • LNG, other petroleum gases totaled $45.3 million. The previous year, there were no exports in this category.
  • Civilian aircraft, parts rose 565.94 percent compared to last year to $19.86 million.
  • Acyclic hydrocarbons totaled $12.81 million. The previous year, there were no exports in this category.
  • Misc. aircraft parts rose 717.85 percent compared to last year to $6.47 million.
  • Plastics fell 30.36 percent compared to last year to $2.89 million.

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

  • Precious stones fell 3.56 percent compared to last year to $23.85 million.
  • Misc. aircraft parts totaled $12.18 million. The previous year, there were no imports in this category.
  • T-shirts, tank tops, knit or crocheted rose 23.09 percent compared to last year to $8.24 million.
  • Coffee rose 17.21 percent compared to last year to $7.72 million.
  • Men’s or boys’ slacks, suits, not knit fell 38 percent compared to last year to $4.59 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.