Overview: In 2018 Tanzania was the number 80 economy in the world in terms of GDP (current US$), the number 106 in total exports, the number 98 in total imports, and the number 84 most complex economy according to the Economic Complexity Index (ECI). In 2018, Tanzania exported $5.78B and imported $10.9B, resulting in a negative trade balance of -$5.08B. In 2018, Tanzania's exports per capita were $103 and its imports per capita were $193.
Trade: The top exports of Tanzania are Gold ($892M), Raw Tobacco ($333M), Raw Copper ($231M), Refined Copper ($150M), and Other Furniture ($147M). The top imports of Tanzania are Refined Petroleum ($1.77B), Palm Oil ($280M), Packaged Medicaments ($220M), Cars ($191M), and Wheat ($182M).
Destinations: Tanzania exports mostly to Rwanda ($667M), India ($595M), China ($399M), Uganda ($359M), and Democratic Republic of the Congo ($310M), and imports mostly from China ($2.92B), India ($1.62B), United Arab Emirates ($952M), Saudi Arabia ($552M), and South Africa ($504M).
Location: Tanzania borders Burundi, Democratic Republic of the Congo, Kenya, Malawi, Mozambique, Rwanda, Uganda, and Zambia by land and Comoros and Seychelles by sea.