Tanzania Trade Authority Targets $2.9 Billion Export Growth via Processing
The Tanzania Trade Development Authority aims to boost foreign exchange earnings by shifting agricultural exports from raw crops to processed goods, specifically targeting international markets including South Africa and the United States.
Dar es Salaam — Tanzanias economy faces a strategic shift from exporting raw agricultural products to value-added finished goods. The Tanzania Trade Development Authority (TanTrade) states this transition will significantly increase foreign exchange earnings and local employment. Director General Ephraim Mafuru noted that crops like avocados, rice, and maize are currently exported with minimal processing, allowing other nations to capture added value. Mafuru explained the goal is for Tanzanians to retain both foreign currency earnings and jobs when products are processed locally. He urged citizens to prioritize domestically manufactured goods where possible to stimulate industry expansion and production capacity. On the international front, Tanzania is strengthening trade ties with South Africa, Kenya, China, the United States, India, and Middle Eastern nations. Mafuru highlighted South Africa as a key market for Tanzanian gold, ceramics, and flat glass. The authority cited export figures of approximately $2.9 billion US dollars related to current shipments. Officials insist that where products can be manufactured within Tanzania and utilized domestically, local usage should be maintained to drive industrial growth.
