Dar’s EAC trade surplus reaches $485m, but still less than half of SADC volumes
Tanzanian President Samia Suluhu Hassan and Kenya President Uhuru Kenyatta during the Kenya-Tanzania Business forum at Serena Hotel, Nairobi, on May 5, 2021. FILE PHOTO | NMG
Tanzania’s trade surplus across the East African Community region rose to $484.5 million in 2020, from $343.8 million the previous year, according to latest updated central bank figures.
The country also reported a highly-improved trade surplus of $1.09 billion with Southern Africa Development Community (SADC) countries, indicating a further expansion of its sub-Saharan trade network.
