Tanzania recorded a trade deficit of 755.80 USD Million in the third quarter of 2019. Tanzania Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Balance of Trade in Tanzania averaged -1050.68 USD Million from 2012 until 2019, reaching an all time high of -501.90 USD Million in the fourth quarter of 2017 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.
Balance of Trade in Tanzania is expected to be -818.84 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 -749.94 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.