India / Tanzania

Overview In November 2024, India exported $274M and imported $301M from Tanzania, resulting in a negative trade balance of $26.6M. Between November 2023 and November 2024 the exports of India have decreased by $-252M (-47.9%) from $526M to $274M, while imports decreased by $-101M (-25.2%) from $402M to $301M.

Trade In November 2024, the top exports of India to Tanzania were Petroleum Products ($169M), Indl. Machnry For Dairy Etc ($13.8M), Drug Formulations, Biologicals ($13.1M), Sugar ($12.8M), and Rice(Other Than Basmoti) ($8.4M). In November 2024 the top imports of India from Tanzania were Copper And Prdcts Made Of Copr ($76M), Cashew ($54M), Gold ($27.8M), Oil Meals ($1.89M), and Lead And Products Made Of Led ($1.79M).

Growth In November 2024, the decrease in India's year-by-year exports to Tanzania was explained primarily by an decrease in product exports in Iron And Steel ($-9.85M or -90.1%), Moulded And Extruded Goods ($-2.44M or -76.8%), and Rmg Cotton Incl Accessories ($-1.88M or -38.9%). In November 2024, the decrease in India's year-by-year imports  from Tanzania was explained primarily by an decrease in product imports  in Copper And Prdcts Made Of Copr ($-67M or -46.9%), Gold ($-39.4M or -58.6%), and Pulses ($-16.4M or -93.2%).