Tanzania, currently the ninth-largest economy in sub-Saharan Africa, has experienced 6 to 7.8 per cent GDP growth every year since 2001. Fuelled by the country’s plentiful natural resources – including extensive arable land and natural gas – this growth is projected to be sustainable: from 2015 to 2019, the Economist Intelligence Unit anticipates Tanzania’s GDP to continue to grow by 7.1 per cent on average per year. Historically, Tanzania has relied heavily on agriculture; 80 per cent of the country’s population is employed in this sector. More recently, the economy has started to diversify with a greater focus on retail, communications, financial services and construction.
PowerPoint-Prsentation
TRADING WITHTanzania
Notice 1Trading with TanzaniaCountry OverviewCOUNTRY
PROFILECapitalDodoma Population49.6 millionArea947,300 sq
kmCurrency1 Tanzanian shilling (TZS) = 100 kurus Main business
languagesEnglish is the primary language of commerce; Kiswahili /
Swahili is also spoken
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Notice 2
DHLFACTS
Locations70Gateways into the Country1Number of Service
Centres6DHL Delivery Zone10Vehicle Fleet41
Trading with TanzaniaTanzanias EconomyTanzania is the 9th
largest economy in sub-Saharan Africa
Regional gateway to fast-growing eastern and central African
economiesThe countrys GDP has grown 6-7.8% each year since 2001
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ECONOMIC FORECASTTanzanias 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
Trade DataTrading with TanzaniaUS$ 6.084 billion (2014 est.)Top
Export Destinations
EXPORTS FROM TANZANIAUS$ 11.95 billion (2014 est.)Top Import
OriginsIMPORTS INTO TANZANIASource: DHL, CIA World FactbookNo. 1No.
1IndiaChinaJapanGermanyUAE
ChinaIndiaSouth AfricaKenyaUAE
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Trading with TanzaniaTanzania / UK Trade RelationsThe UK is the
largest foreign investor in Tanzania Tanzania is a member of the
Commonwealth of Nations with strong ties to BritainThe UKs main
goods exports to Tanzania include vehicles, machinery and
manufactured productsSeveral British companies operating in sectors
from oil and chemicals to financial and business services are
already doing business with TanzaniaFurther opportunities for UK
businesses in Tanzania exist in sectors including transportation,
communications, infrastructure and education
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Customs & Export GuidanceTrading with TanzaniaDuties 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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Trading with TanzaniaSupport when trading with Tanzania
FACT SHEETTAS TOOLTo calculatelanded costsDESTINATION GUIDE
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To find out more about how DHL can help you trade
internationally.Let us help you get started
FOLLOW: @DHLExpressUK
FIND US: DHLExpressUKVISIT: www.DHLGuide.co.uk
CALL: 0844 248 0685WATCH US: DHLExpressUK
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Notice 11Thank You
Notice 12
