Home » Tanzania’s exports rise 10.2% to $17.6 billion as gold leads growth in 2025

Tanzania’s exports rise 10.2% to $17.6 billion as gold leads growth in 2025

by Joshua Kiziba

Tanzania’s total exports of goods and services rose by 10.2 per cent in 2025 to $17.6 billion, up from $15.97 billion in 2024, according to the January 2026 Monthly Economic Review by the Bank of Tanzania (BoT). The growth was driven mainly by gold, manufactured goods, tobacco, coffee and travel services.

Goods exports increased to $10.28 billion from $9.12 billion, with gold remaining the top performer. Gold export earnings surged by 37.4 per cent to $4.7 billion, accounting for 45.7 per cent of total goods exports, supported by favourable global prices and higher production. Manufactured goods also rose to $1.55 billion from $1.34 billion.

Services receipts climbed to $7.32 billion from $6.85 billion, boosted by travel and transport. Travel earnings reached $3.95 billion alongside a 7.1 per cent rise in tourist arrivals to 2.29 million, while transport income increased to $2.8 billion due to higher freight earnings.

Imports of goods and services grew by 4.9 per cent to $17.83 billion, largely driven by industrial supplies, machinery and transport equipment. However, oil imports fell by 6.7 percent to $2.38 billion following lower global prices.

The stronger export performance helped narrow the current account deficit to $2.02 billion from $2.38 billion. Foreign exchange reserves increased to $6.33 billion, enough to cover 4.9 months of projected imports, exceeding national and regional benchmarks.