AGOA Status: Tanzania is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. signed Trade and Investment Framework Agreements (TIFA) with the East African Community (EAC) in 2008, and with the Common Market for Eastern and Southern Africa (COMESA) in 2001. Tanzania is a member of both the EAC and COMESA regional organizations.
Tanzania Trade & Investment Summary
U.S. goods exports to Tanzania in 2022 were $260 million, down 7.9 percent ($22 million) from 2021 but up 6 percent from 2012. U.S. goods imports from Tanzania totaled $164 million in 2022, up 67.5 percent ($66 million) from 2021, and up 43 percent from 2012. The U.S. goods trade surplus with Tanzania was $96 million in 2022, a 47.9 percent decrease ($88 million) over 2021.
U.S. foreign direct investment (FDI) in Tanzania (stock) was $1.4 billion in 2022, a 3.5 percent increase from 2021.
NOTE: No services trade data with Tanzania are available.