TRADING WITHTANZANIA

Trading with Tanzania 2

Country Overview

COUNTRY PROFILE

Capital Dodoma

Population 49.6 million

Area 947,300 sq km

Currency 1 Tanzanian shilling (TZS) = 100 kurus

Main business languagesEnglish is the primary language of commerce; Kiswahili / Swahili is also spoken

DHLFACTS

Locations 70

Gateways into the Country 1

Number of Service Centres 6

DHL Delivery Zone 10

Vehicle Fleet 41

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Tanzania’s Economy

Tanzania is the 9th largest economy in sub-Saharan Africa

Regional gateway to fast-growing eastern and central African

economies

The country’s GDP has grown 6-7.8% each year since 2001

ECONOMIC FORECASTTanzania’s GDP is projected to grow by 7.1% on average per year from 2015 to 2019

Source: Economic Intelligence Unit

Historically, Tanzania has relied heavily on agriculture – more recently, the economy has started to become more diversified with a focus on retail, communications, financial services and construction

Source: World Bank

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Trade Data

US$ 6.084 billion (2014 est.)

Top Export Destinations

EXPORTS FROM TANZANIA

US$ 11.95 billion (2014 est.)

Top Import Origins

IMPORTS INTO TANZANIA

Source: DHL, CIA World Factbook

No. 1 No. 1IndiaChinaJapanGermanyUAE

ChinaIndiaSouth AfricaKenyaUAE

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Tanzania / UK Trade Relations

• The UK is the largest foreign investor in Tanzania

• Tanzania is a member of the Commonwealth of Nations with strong ties to Britain

• The UK’s main goods exports to Tanzania include vehicles, machinery and manufactured products

• Several British companies – operating in sectors from oil and chemicals to financial and business services – are already doing business with Tanzania

• Further opportunities for UK businesses in Tanzania exist in sectors including transportation, communications, infrastructure and education

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Customs & Export Guidance

Duties only apply to shipments sent to Tanzania if they are US$ 3.00 and above.

Goods shipments to Tanzania must be accompanied by the original Commercial Invoice – Pro Forma Invoices are not accepted.

All importers (companies and individuals) must be registered with the Tanzania Revenue Authority (tra.go.tz), where they will be issued a Taxpayer Identification number (TIN) – this will be quoted on all Formal Import Entry Documents.

Detailed information is available on the DHL Guide and through our dedicated DHL Customs Experts.

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Support when trading with Tanzania

FACT SHEET

TAS TOOLTo calculatelanded costs

DESTINATION GUIDE

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