Market Brief on Tanzania

Transcription

1 Market Brief on Tanzania February 2017 Location Facts and Figures Total Population 50,7 million (2015) Tanzania is located in the African Great Lakes region on the East coast of the continent. It is bordered by Kenya and Uganda to the north; Rwanda, Burundi and the Democratic Republic of the Congo to the west; and Zambia, Malawi and Mozambique to the south. The country s east coast is bordered by the Indian Ocean. Kilimanjaro, Africa s highest mountain, is in northeastern Tanzania. Area Time Zone Capital City International Telephone Code Currency Exchange Rate (21/02/2017) GDP (Dec 2016) GDP per capita (Dec 2016) GDP Growth Rate (Dec 2016) Ease of Doing Business (World Bank 2017) 945,005 sq. km +2 hrs GMT Dodoma (Dar-es- Salaam is the commercial capital) +255 Tanzanian Shilling 1 USD = 2, TZS US$ Billion US$1, percent 132/190 Cities and Population City Population Dar es Salaam 2,698,652 Mwanza 436,801 Zanzibar 403,658 Arusha 341,136 Mbeya 291,649 Morogoro 250,902 Tanga 224,876 Dodoma 180,541 Kigoma 164,268 Moshi 156,959 Inflation Rate (Jan 2016)) Official Language(s) Languages Business Hours Banking Hours 6.5 % Kiswahili Literacy Rate 7 Measures Important International Participation Kiunguja, English, Arabic 0800 hrs-1700 hrs Lunch hrs hrs (weekdays) (Sat) Metric System UN, AU, SADC, EAC, WTO

2 Na US$'000 Tanzania Trade with the World 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000, Exports US$'000 4,734,960 5,547,229 4,412,549 5,704,654 5,854,231 Imports US$'000 11,184,221 11,715,589 12,525,411 12,691,110 14,705,969 Major import sources of Tanzania (2015) Major export destinations of Tanzania (2015) 19% 2 1% 4 30% 11% 1 China South Africa Malaysia India Japan Korea, Republic of India Japan Germany China Belgium Switzerland United Kingdom France Malaysia United States of America United States of America Belgium Netherlands Uganda

3 US$'000 Major import products of Tanzania (2015) Major export products of Tanzania (2015) 1 1% % 10% 9% 1 8% 11% Electrical, electronic equipment Mineral fuels Machinery Vehicles other than railway, tramway Plastics and articles thereof Pharmaceutical products Articles of iron or steel Iron and steel Footwear, gaiters and the like, parts thereof Articles of apparel, accessories, not knit or crochet Pearls Unmanufactured tobacco Precious metal ores & concentrates Coffee Fresh or dried cashew nuts, in shell Oil seed Dried peas Fish Copper and articles thereof Organic chemicals Wood and articles of wood, wood charcoal Zimbabwe-Tanzania Trade (US$ 000) 8,000 6,000 4,000 2, ,000-4, Exports US$'000 6,702 2,929 3,716 4,777 5,716 Imports US$'000 4,824 5,021 6,489 7,059 6,286 Trade Bal US$'000 1,878 (2,092) (2,773) (2,282) (570)

4 Zimbabwe s major exports to Tanzania (2015) Zimbabwe exports to Tanzania in 2015, (US$ 000) Annual growth in value between , %, p.a. Tanzania Import from the world in 2015, (US$ 000) Unmanufactured tobacco 1,097-64,954 Semi-finished products of iron or nonalloy 643-5,644 steel Iron & steel structures 547-2,397 Fibreboard of wood or other ligneous 453-3,873 materials Machine tools Steam or other vapour generating boilers Twine, cordage, ropes and cables 335-1,717 Insecticides, rodenticides, fungicides, herbicides ,369 Zimbabwe products with export potential to Tanzania Zimbabwe's imports from Tanzania (2015) Agricultural equipment and machinery Pharmaceuticals Refrigerators and freezers Cement Insulated wire/cable Structures (rods, angle, plates) of iron & steel Insecticides, fungicides, herbicides Building and construction materials Construction machinery Electric transformers, static converter (for example rectifiers) Treated poles Packaging material Footwear Furniture Processed Foods e.g. super milk, yeast, cream, wine, cordials and chocolates, tinned meats 1 1% 1% 1% 1% 2 40% Glass and glassware made textile articles Plastics and articles thereof Petroleum jelly Essential oils, perfumes, cosmetics, toileteries Machinery Medical apparatus Vehicles Articles of apparel, accessories, knit or crochet Fish

5 Useful Addresses Preferential Trade Arrangements Embassy of the United Republic of Tanzania Ujamaa House 23 Baines Avenue P. O. Box 4841 Harare Tel: Fax: tanrep@tanrep.co.zw Embassy of the Republic of Zimbabwe 6th Floor New Life House Sokoine Drive/Ohio Street P. O. Box Dar-es-Salaam Tel: Fax: zimdares@sasamali.co.tz Tanzania Chamber of Commerce Makamba Street Dar es Salaam Tel: Fax: dsm@tccia.com Website: SADC Trade Protocol Zimbabwe and Tanzania are both members of the Southern African Development Community (SADC). The SADC Trade Protocol is an agreement between SADC Member States to reduce customs duties and other barriers to trade on products from each other. By January 1, 2008, most customs duties (on 8 of tariff lines) had been eliminated for goods originating from SADC Member States. For more information on trading under the SADC Trade Protocol refer to ZimTrade s Guide to Zimbabwe s Trade Agreements. Travelling to Tanzania Zimbabwe nationals do not need a visa to visit Tanzania. A valid passport (at least 6 months) is required. Tanzania is accessible by both air and road. By air: Harare - Dar-es-Salaam (Air Zimbabwe fly to Tanzania twice per week-tues and Sat) Harare - J burg - Dar-es-Salaam By road: The distance between Harare and Dar-es- Salaam is Km. The distance between Bulawayo and Dar-es- Salaam is Km