Tanzania
-- Trade
Internal
Trade
At the
end of the
1970s, wholesale
business
was dominated
by institutions
in the public
sector.
Retail business
remained
largely
in small
and privately
owned, selling
essentials
like soap,
cooking
oil, salt,
sugar, etc.
to neighborhood
clienteles.
In February
1976, Prime
Minister
Rashid Kawawa
announced
that all
private
stores were
to be replaced
by cooperative
stores.
In May of
the same
year, President
Nyerere
qualified
this announcement,
calling
for a slowdown
in the process
and stating
that cooperative
stores were
to coexist
with--not
replace--private
ones [1]
.
Exports
Agricultural
products
have always
formed the
greatest
part of
Tanzania's
exports.
This said,
the nature
of the products
has varied
over time.
Historical
records
show that
sisal was
the leading
export in
1958, accounting
for 27%
of total
export value
that year,
coffee 19%,
and diamonds
11%. In
1961, sisal
was still
the lead
export,
accounting
for 29%
of the nation's
exports,
with coffee
and cotton
each accounting
for 14%,
and diamonds,
12%. In
1964, these
four exports
together
accounted
for more
than 70%
of total
export earnings,
but sisal
had dropped
to third
place due
to falling
world prices.
By 1975,
nearly 70%
of export
value derived
from sales
of six major
commodities:
coffee (9%),
cotton (12%),
cloves (12%),
sisal (12%),
diamonds
(7%), and
cashew nuts
(7%). In
1986, coffee
export earnings
reached
US $185
million,
but dropped
sharply
in 1991
to US$77
million
due to the
suspension
of the International
Coffee Agreement
quota system.
Coffee rose
again in
1994 due
to rising
world coffee
prices.
Manufacturing
exports
grew from
US$ 39 million
in 1986
to more
than US$
70 million
in 1991.
Mineral
exports
also saw
a significant
increase,
from US$
13 million
in 1986
to US$ 42
million
in 1991.
Cotton exports
increased
from US$
14 million
in 1986
to about
US$ 22 million
in 1991;
tobacco
rose from
US$ 15 million
in 1986
to almost
US$ 17 million
in 1991;
petroleum
products
rose from
about US$
5 million
in 1986
to about
US$ 7 million
in 1991.
[2]
Imports
Major imported
products
include
machinery
and equipment,
consumer
goods, chemicals,
petroleum
products,
and industrial
materials.
Major suppliers
include
Britain,
the People's
Republic
of China,
the European
Countries,
United States,
Kenya, and
Iran.
Here
are some
details
of the latest
information
on Tanzania's
principal
exports
and imports:
Exported
Item |
Million
US$ |
Coffee |
137.8 |
Cotton |
137.6 |
Cashew
nuts |
93.8 |
Minerals |
50.4 |
|
Imported
Item |
Million
US$ |
Machinery
and
equipment |
458.5 |
Consumer
goods |
361.8 |
Industrial
raw
materials |
349.3 |
Petroleum |
158.4 |
Building
materials |
42.5 |
Source:
Economist
Intelligence
Unity. 1997.
Country
Profile,
Tanzania.
The Unit:
London.
[1]
Kaplan,
Irving,
ed. 1978.
Tanzania,
A Country
Study,
Foreign
Area Studies,
American
University:
Washington
D.C., pp.
216.
[2]
Ofcansky,
Thomas P.
& Rodger
Yeager (eds,)
1997. Historical
Dictionary
of Tanzania
Second Edition,
Scarecrow
Press, Inc.:
London