Tanzania’s exports to the EAC partner states has increased by 82 percent
between 2012 and 2013 owing to growth in industrial sector and traders’
positive response to ever growing EAC market.
According to provisional data for the year 2013, released by Minister for
East African Cooperation Hon. Samuel Sitta in the Parliament, the value of
Tanzania’s exports was US$ 1120.1 million which is an increase of 82
percent.
Hon. Sitta said the value of goods exported to other Partner States also
increased from US$ 409 million in 2011 to US$ 613.30 million in 2012.
The products exported most include: machines, fertilizers, electrical
equipments, ships and boats equipments, cereals, oil products and their
distillations, paper and textiles.
“This is an indication that the industrial sector in the country is
sustainably growing and Tanzania’s traders are responding positively
towards the opportunities availed by the East African Customs Union,†said
the Minister
He said provisional data for the year 2013, Tanzania imports from other
Partner States were US$ 410.2 million which is a decrease of 39.5 percent,
creating a positive balance of payment.
In the year 2012 Tanzania imports from other Partner States was US$ 678.60
million compared to US$ 378.10 million in 2011. The most imported goods
were motor vehicle spare parts, electrical equipments and their spare
parts, cereals, cooking oil, soap and packaging materials.