Iron and Steel Trade Climbs from US$77.2 Million in FY2024 to US$152.1 Million in FY2026
Latest Tanzania trade news · Iron and Steel Trade Climbs from US$77.2 Million in FY2… explained · updated Aug 19, 2026 · breaking news · latest updates · explained
TLDR
- Manufactured goods trade in Tanzania reached US$2,009.3 million in the fiscal year ending June 2026, marking a 36 percent increase from the previous year.
- Iron and steel trade climbed from US$77.2 million in FY2024 to US$152.1 million in FY2026, nearly doubling the previous year's figure.
- The total value of manufactured goods rose from US$1,321.6 million in FY2022 to US$2,009.3 million in FY2026, a cumulative increase of approximately 52 percent over five years.
- Glassware was the standout performer, increasing from US$42.1 million in FY2022 to US$134.9 million in FY2026, with consistent year-on-year gains.
- Edible oil trade nearly tripled from US$18.9 million in FY2022 to US$53.7 million in FY2026, with significant growth from FY2024 onward.