Market Brief on Tanzania

Transcription

1 Market Brief on Tanzania January 2018 Location Facts and Figures 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. Total Population (2016 Est) Area Time Zone Capital City International Telephone Code Currency Exchange Rate (29/01/2018) GDP (2017 Est) GDP per capita (2017 Est) GDP Growth Rate (2017 Est) Ease of Doing Business (World Bank 2017) 48.6 million 945,005 sq. km +2 hrs GMT Dodoma (Dar-es- Salaam is the commercial capital) +255 Tanzanian Shilling 1 USD = 2, TZS US$ 50.5 Billion US$1, % 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 (2017 Est)) Official Language(s) Languages Business Hours Banking Hours 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 Tanzania Trade with the World Exports Imports Major import sources of Tanzania (2016) Major export destinations of Tanzania (2016) 2 21% 1 17% China South Africa Japan Malaysia United States of America 9% India United Arab Emirates Kenya Saudi Arabia Germany 6% India South Africa Switzerland China Belgium Comoros Kenya Congo, Democratic Republic of the Viet Nam Japan Germany

3 US$'000 Major import products of Tanzania (2016) Major export products of Tanzania (2016) 1 20% 1% 36% 6 1% Petroleum oils Vehicles other than railway or tramway Animal or vegetable fats or oils Pharmaceutical products Cereals Motor vehicles for the transport of goods Sugars and sugar confectionary Telephone sets Tractors Rubber and articles thereof 6% Gold Tobacco Edible fruit and nuts; peel of citrus fruit or melons Ores Edible vegetables and certain roots and tubers Coffee Oil seeds Fish Furniture Textile articles Zimbabwe-Tanzania Trade (US$ 000) Exports (US$'000) Imports (US$'000) 5,778 9,874 9,773 11,392 9,241 Trade Balance (US$'000) (5,369) (9,761) (8,865) (10,632) (8,977)

4 Zimbabwe s major exports to Tanzania (2016) Zimbabwe exports to Tanzania in 2016, (US$ 000) Annual growth in value between , %, p.a. Tanzania Import from the world in 2016, (US$ 000) Printed matter 71-3,705 Prepared explosives(excluding propellant ,075 powders) Self-propelled earth-moving machinery 52-1,817 Motor cars 28-24,467 Apparel and clothing accessories Zimbabwe products with export potential to Tanzania Zimbabwe's imports from Tanzania (2016) 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% 10% 16% Electric motors and generators Textile sacks and bags Bottles and other containers of glass Human hair 2 3 Inorganic acids and inorganic oxygen compounds of nonmetals Plastics and articles thereof Essential oils and cosmetics Vehicles other than railway or tramway Cyanides, cyanide oxides and complex cyanides Motor vehicles for the transport of goods

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 For more information, please contact us info@zimtrade.co.zw Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to