Tanzania Aims for 15% Manufacturing GDP Share by 2031 Under Vision 2050
Latest Tanzania economy news · Tanzania Aims for 15% Manufacturing GDP Share by 2031 U… explained · 2031 updates · updated Aug 19, 2026 · economy news · GDP · investment
TLDR
- Manufactured goods trade in Tanzania reached a record high of US$2,009.3 million in the fiscal year ending June 2026, marking a 36 percent increase from the previous year.
- The total value of manufactured goods rose from US$1,321.6 million in the year ending June 2022 to US$2,009.3 million in June 2026, a cumulative increase of approximately 52 percent over five years.
- Glassware saw the most significant growth, tripling from US$42.1 million in FY2022 to US$134.9 million in FY2026, with consistent year-on-year gains.
- Iron and steel production increased from US$77.2 million in FY2024 to US$152.1 million in FY2026, nearly doubling the previous year's figure.
- Edible oil production nearly tripled from US$18.9 million in FY2022 to US$53.7 million in FY2026, with notable growth from FY2024 onward.