Two-way bilateral trade for January-June 2015 amounted to US$ 1,448.90 million. India’s exports to Tanzania during the period amounted to US $991.68 million while India’s imports from Tanzania amounted to US $457.22 million. Compared to January-June 2014, Tanzania’s exports have
increased by 57.89%. India’s exports to Tanzania have decreased by 57.89% during this period. The balance of trade is in favour of India by US$534.46 million.
India mainly exports petroleum products, wire & cable, medicines, sugar, iron & steel items, railway goods, trucks and buses, tractors, electrical motors/generators, Aluminium, cement, pharmaceuticals, etc. Imports from Tanzania are mainly commodities such as gold, cashew nuts, pulses, spices (clove), timber, precious metal ores & stones, vegetable fats, cocoa beans, copper and scrap.
Click here to read the detailed commercial & economic report of July 2015 report.