Trade and Economic relations between Ukraine and the United Republic of Tanzania
14 October 2020 11:13

Tanzania is one of Ukraine's major trade and economic partners in the East African region.

Bilateral trade between Ukraine and Tanzania in 2021 amounted to 51 million 204 thousand USD.

During this period, exports from Ukraine to Tanzania amounted to 47 million 150 thousand USD (135.4% of the same period in 2020), imports - 4 million 054 thousand USD (79.5% of the same period in 2021).

The positive balance of foreign trade in goods between Ukraine and Tanzania amounted to 43 million 096 thousand USD.

The main items of exports of goods from Ukraine to Tanzania were: cereals - 31 million 085 thousand USD (65.9% of total exports, 378.9% of the same period in 2020), fats and oils of animal or vegetable origin - 8 million 811 thousand USD (18.7% of total exports, 131.3% of the same period in 2020), ferrous metals - 4 million 009 thousand USD (8.5% of total exports, 214.2% of the same period in 2020), electric vehicles - 867 thousand USD (1.8% of total exports, 508.4% of the same period in 2020), boilers and machinery - 543 thousand USD (1.2% of total exports, 2005.9% of the same period in 2020).

Analysis of the commodity component of Ukrainian exports to Tanzania shows a significant increase in the share of value-added goods, in particular, the first five export items included electric machines, boilers and machinery, vegetable oils, meat and edible offal.

The main items of imports of goods from Tanzania were: plastics, polymeric materials - 1 million 763 thousand USD (43.5% of total imports, 255.1% of the same period in 2020), tobacco and industrial tobacco substitutes - 660 thousand USD (16.3% of total imports, 21.9% of the same period in 2020), edible fruits and nuts - 572 thousand USD (14.1% of total imports, 449.6% of the same period in 2020), coffee, tea - 573 thousand USD (14.1% of total imports, 63.2% of the same period in 2020)

Exports of services from Ukraine to Tanzania amounted to 1 million 051 thousand USD (177.4% of the same period in 2020), imports - 9 million 554 thousand USD (266.5% of the same period in 2020). The volume of trade in services - 10 million 655 thousand USD.

The balance of trade between Ukraine and Tanzania in the sphere of services in 2021 was negative and amounted to - 8 million 503 thousand USD.

The basis of Ukrainian exports were travel services (68.1%) and transport services (19.2%). The basis of imports from Tanzania - travel services (80.8%).

According to the State Statistics Service of Ukraine, the total volume of bilateral trade in goods and services of Ukraine with Tanzania in 2021 amounted to 61 million 859 thousand USD, with a positive balance of Ukraine 34 million 593 thousand USD.

The sharp increase in the number of Ukrainian tourists visiting Tanzania during 2021 is noteworthy, due to the easing of international quarantine restrictions and the growing popularity of Tanzanian resorts.

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