Tanzania recorded a trade deficit of 93.28 USD Million in the second quarter of 2020.
Balance of Trade in Tanzania averaged -997.52 USD Million from 2012 until 2020, reaching an all time high of -93.28 USD Million in the second quarter of 2020 and a record low of -1714.92 USD Million in the third quarter of 2013. This page provides the latest reported value for - Tanzania Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tanzania Balance of Trade - values, historical data and charts - was last updated on October of 2020.
Balance of Trade in Tanzania is expected to be -868.84 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Tanzania to stand at -631.04 in 12 months time. In the long-term, the Tanzania Balance of Trade is projected to trend around -827.55 USD Million in 2021 and -856.61 USD Million in 2022, according to our econometric models.