DAR ES SALAAM, Jan. 8 -- EXPORTS of goods and services rose 13.1 per cent to 17.56 billion US dollars (over 43.63tri/-) in the period ending November last year, up from 15.52 billion US dollars (38.57tri/-) a year earlier, driven by strong global demand for both traditional and non-traditional goods.
The latest Bank of Tanzania (BoT) Monthly Economic Review shows that export of goods reached 10.17 billion US dollars (25.27tri/-) in the period under review from 8.76 billion US dollars (21.76tri/-) in the previous year.
“An increase in the exports of gold, manufactured goods, tobacco, cashew nuts and coffee contributed to the overall growth,” stated the BoT report.
Notably, the value of gold exports reached a record high, sur...
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