The value of Tanzania’s traditional exports declined
by 3.8 percent to $816.5m in September as compared to the same period last year
according to the latest Bank of Tanzania (BoT) Monthly Economic Review.
This outturn was largely on account of a fall in
export unit prices for most traditional exports. Save for tea and tobacco, all
other traditional exports recorded a fall in export unit prices, mainly
associated with price movements in the
world market.
According to the report, “during the period under
review declines were recorded in export volumes for tobacco, cashew-nuts, sisal
and cloves,”
During the period however, the value of non- traditional
exports amounted to $3,811.7m compared with $ 4,178.5m recorded in the corresponding
period in 2012.
“The decline was largely attributed to low export
values of gold, manufactured goods, fish and fish products.
“The value of gold exports declined following low
export volume and price. Despite the decline in gold exports, its share as well
as that of manufactured goods continued to dominate non-traditional exports,”
the report added.
No comments:
Post a Comment