- Tanzania’s current account deficit fell to $2.16 billion from $2.91 billion due to stronger exports
- Improved external sector performance and export diversification drove the gain
- Exports of goods and services rose 18.8% to $16.74 billion, led by gold, travel, tourism, agriculture, and transport
- Gold exports hit $3.66 billion, supported by higher global prices
- Traditional exports like cashew nuts and coffee recorded growth
- Manufactured exports declined, especially in fertilisers, cement, and wheat flour
- Monthly goods exports reached $851.9 million in February, boosted by gold and cashew nut shipments
- Service receipts rose 10.6% to $7.00 billion, with travel receipts increasing due to more international arrivals
