Tanzania Balance of Trade

Tanzania's trade deficit widened by 61.6 percent to $1.68 billion in Q2 2025. This is the largest deficit since Q4 2023, up from $1.04 billion in Q1 2025. The increase is attributed to a drop in goods exports to $1.95 billion from $2.24 billion. Imports of capital goods, machinery and transport equipment rose due to infrastructure development and industrial investment. Higher freight costs also increased the import bill. Tanzania's record low balance of trade was -$2.19 billion in Q3 2022 and record high was $20.3 million in Q4 2015.