Exports of Traditional Goods in Tanzania Increased 22% YoY in 2022 Supported by Cashew, Tobacco and Cotton

The value of exports of goods and services in Tanzania increased to USD 12.0B during 2022, up from USD 9.87B in 2021. This increase was primarily driven by non-traditional exports, particularly manufactured goods, minerals and services receipts from tourism. Exports of traditional goods also increased from USD 627.9M in 2021 to USD 766.5M in 2022, supported by cashew nuts, tobacco, cotton and sisal. For cashew nuts and tobacco, the increase was due to increased volumes, whereas for cotton it was due to a rise in prices in the global market.