The objectives of the subject “International Trade and Business in the United Republic of Tanzania” are the following:
To analyze the Tanzanian Economy and Global Trade;
To know the business opportunities in the United Republic of Tanzania;
To explore the Tanzanian trade relations with the country of the student;
To know the Tanzanian Trade Agreements;
To examine the profile of the Tanzanian companies and Businesspeople;
To develop a business plan for the Tanzanian Market.
The Subject “Foreign Trade and Business in Tanzania” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
In the last twenty years, the United Republic of Tanzania (Africa) has shifted from a
centrally planned economy to an open market economy, thanks to the good governance, private sector promotion, international trade liberalization, and foreign direct investment policies;
In the last eight years, Tanzania recorded an economic growth of 6%;
The main drivers of the Tanzanian economic growth are private consumption, exports and gross fixed capital, tourism revenues, agriculture, construction, industry, services, foreign direct investment, and foreign aid;
Tanzanian GDP: 23.2 billion dollars;
GDP real growth rate: 6.1%: agriculture (28%), industry (24%), and services (48%);
Tanzanian services exports (travel, insurance) incomes rose by 14.1%;
Inflation in Tanzania: 17.4%;
Top Tanzanian export products: gold, coffee, cashew nuts, and cotton;
Top Tanzanian export partners: China, India, Japan, and the Emirates;
Top Tanzanian import products: consumer goods, machinery, Transport
equipment, industrial raw materials, and crude oil;
Top Tanzanian import partners: China, India, South Africa, and Kenya;