Net trade in goods and services in Tanzania
Tanzania: Net trade in goods and services was -1.02 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Tanzania, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Tanzania is -1.02 billion BoP, current US$, measured in 2024.
That represents a change of up 53.5% on the previous year and up 79.3% over ten years.
Over the whole period, net trade in goods and services in Tanzania peaked at -70.91 million BoP, current US$ in 1976 and was at its lowest, -5.06 billion BoP, current US$, in 2013.
Tanzania ranks 123rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -345.13 million BoP, current US$ | -631.61 million BoP, current US$ | -70.91 million BoP, current US$ | 4 |
| 1980s | -635.46 million BoP, current US$ | -831.66 million BoP, current US$ | -380.43 million BoP, current US$ | 10 |
| 1990s | -974.64 million BoP, current US$ | -1.26 billion BoP, current US$ | -715.16 million BoP, current US$ | 10 |
| 2000s | -1.33 billion BoP, current US$ | -3.10 billion BoP, current US$ | -244.16 million BoP, current US$ | 10 |
| 2010s | -2.82 billion BoP, current US$ | -5.06 billion BoP, current US$ | -643.15 million BoP, current US$ | 10 |
| 2020s | -2.05 billion BoP, current US$ | -4.69 billion BoP, current US$ | -595.24 million BoP, current US$ | 5 |
Countries ranked near Tanzania
- 120 Bolivia -702.28 million BoP, current US$ compare
- 121 Iceland -824.37 million BoP, current US$ compare
- 122 Burundi -946.66 million BoP, current US$ compare
- 124 East Timor -1.04 billion BoP, current US$ compare
- 125 Paraguay -1.09 billion BoP, current US$ compare
- 126 Mozambique -1.13 billion BoP, current US$ compare
More economy & growth data for Tanzania
- Gross domestic savings 39.7% (2025)
- Households and NPISHs final consumption expenditure 50.5% (2025)
- Final consumption expenditure 54.38 billion current US$ (2025)
- Final consumption expenditure 138.17 trillion current LCU (2025)
- Final consumption expenditure 50.18 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.3% (2025)
- Manufacturing, value added 6.64 billion current US$ (2023)
- Final consumption expenditure 60.3% (2025)
- Exports of goods and services 17.11 billion current US$ (2025)
- Gross national expenditure 101.0% (2025)
Frequently asked questions
- What is net trade in goods and services in Tanzania?
- Net trade in goods and services in Tanzania was -1.02 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Tanzania?
- The highest recorded value was -70.91 million BoP, current US$ in 1976.
- What is the lowest net trade in goods and services recorded in Tanzania?
- The lowest recorded value was -5.06 billion BoP, current US$ in 2013.
- How does Tanzania rank for net trade in goods and services?
- Tanzania ranks 123rd out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Tanzania?
- Over the last ten years it is up 79.3%. The long-run trend across the full record is volatile.
- Where does this Tanzania data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.