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Showing posts with the label Tanzania Customs Data

Iran-Tanzania Trade Overview

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  Over the years, the bilateral trade between Tanzania and Iran had seen rapid growth. According to the Tanzania import export data records, the bilateral trade between the two crossed over $70 Million in 2022. There was around a 35% increase in overall imports and exports from Tanzania and Iran. In 2021, the overall trade was estimated around 12 million dollars. Tanzania and Iran are working collaboratively to expand their trade to $100 million by the end of financial year 2023.  As per Tanzania import data reports, Tanzania imported around 12.5 million dollars worth of goods from Iran in the fiscal year 2022. During this period, Iran's most crucial exports were iron, steel, cereals, wheat, fertilizer, chemical, mineral fuels, oils, and medical equipment. Cement accounted for over 23% share of Tanzania's total imports followed by pasta (20%), petroleum oils (15%), and sodium peroxides (12%).  Pharmaceuticals were another major import category. Tanzania’s pharmaceutical...

Tanzania Gemstones Market Outlook

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  Tanzania is home to very rare and beautiful multi-colored gemstones called tanzanite found in Mount Kilimanjaro. It is not less than a diamond. Just like a diamond, tanzanite stones are known for their crystal clear clarity, colour, cut, and carat. Tanzanite is only found in Tanzania. As per our Tanzania Customs Data , Tanzania's current gemstone market is valued around 50 million US Dollars. It costs between 300-600 US Dollars. According to our Tanzania import export data 2021, Moreshine Gemstone and Alto Suwi were the leading Gemstones import export companies of Tanzania. Deltaq Ltd, Harnam Holding Ltd, Crystal Clear Mining Center, Micco Impex Forwarding Ltd, Crown Lapidary Ltd, Tuckman Mines & Minerals and Ablo Tours  Mining were other major Tanzania gemstones export companies . Tanzania's gemstone market is very underutilised. Currently, Tanzania is eyeing the United Arab Emirates market for its rough diamonds exports. It is expected that its gemstones exports could...