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Tanzania Trade (% GDP)

Tanzania's trade (% GDP) rose to 41.51% in 2024, up from 38.21% in 2023, according to World Bank. This represents an increase of 3.3% from the previous year. Tanzania has trade (% GDP) lower than the global median (41.51% vs median 84.49%). Compared with the median in Africa, Tanzania is lower (41.51% vs regional median 62.95%) and ranks 39th out of 48 countries in Africa.

Yearly Historical Data (1990-2024)

(in %)
Year Trade (% GDP)
2024 41.51%
2023 38.21%
2022 35%
2021 29.92%
2020 27.96%
2019 33.02%
2018 32.64%
2017 33.11%
2016 35.42%
2015 40.76%
2014 45.36%
2013 48.63%
2012 54.37%
2011 56.17%
2010 47.64%
2009 43.53%
2008 49.03%
2007 48.06%
2006 42.77%
2005 36.96%
2004 33.61%
2003 30.45%
2002 27.5%
2001 28.03%
2000 23.99%
1999 25.02%
1998 26.14%
1997 28.86%
1996 35.73%
1995 45.16%
1994 44.24%
1993 45.24%
1992 35.67%
1991 30.23%
1990 34.48%
Tanzania Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Tanzania divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $7.27B $6.82B 2023
Annual Imports $15.12B $15.65B 2023
Balance of Trade -$1.7B -$1B Jun'25
Exports $2B $2.2B Jun'25
Exports (% GDP) 19.83% 17.2% 2024
FDI Inflows (% GDP) 2.06% 1.9% 2023
Imports $3.6B $3.3B Jun'25
Imports (% GDP) 21.68% 21.02% 2024
Net Trade (Goods & Services, BoP) -$2.08B -$4.69B 2023
Tariff Rate 12.76% 12.03% 2022