Overview In February 2023, China exported $420M and imported $19.3M from Tanzania, resulting in a positive trade balance of $401M. Between February 2022 and February 2023 the exports of China have increased by $87.9M (26.5%) from $332M to $420M, while imports decreased by $-4.56M (-19.1%) from $23.9M to $19.3M.
Trade In February 2023, the top exports of China to Tanzania were Synthetic Filament Yarn Woven Fabric ($31.5M), Rubber Footwear ($24.5M), Coated Flat-Rolled Iron ($23.2M), Rubber Tires ($18.1M), and Hot-Rolled Iron ($15.1M). In February 2023 the top imports of China from Tanzania were Raw Copper ($7.49M), Refined Copper ($5.48M), Coconut and Other Vegetable Fibers ($5.06M), Other Oily Seeds ($1.63M), and Nickel Ore ($1.28M).
Origins In February 2023 the exports of China were mainly from Zhejiang Province ($71.3M), Guangdong Province ($68.3M), Shandong Province ($65.6M), Jiangsu Province ($27.1M), and Jiangxi Province ($26.8M), while imports destinations were mainly Zhejiang Province ($6.6M), Jiangsu Province ($2.44M), Henan Province ($2.05M), Beijing ($1.99M), and Guangdong Province ($1.95M).
Growth In February 2023, the increase in China's year-by-year exports to Tanzania was explained primarily by an increase in product exports in Synthetic Filament Yarn Woven Fabric ($17.9M or 132%), Hot-Rolled Iron ($14.6M or 2.82k%), and Coated Flat-Rolled Iron ($14.2M or 158%). In February 2023, the decrease in China's year-by-year imports from Tanzania was explained primarily by an decrease in product imports in Raw Copper ($-6.55M or -46.7%), Precious Metal Ore ($-1.58M or -66.4%), and Coffee ($-571k or -66.7%).