Cloves, tourism lift Zanzibar exports 23pc
ZANZIBAR, July 15 -- ZANZIBARS exports of goods and services rose by 23 per cent in the year through May 2026, driven by a sharp rebound in clove shipments and continued tourism growth. The gains strengthened the islands key foreign-exchange sources despite weakness in non-traditional exports.
Total export earnings reached 1.64 billion US dollars, according to the latest Bank of Tanzania (BoT) Monthly Economic Review, with services accounting for 96 per cent of the total.
Tourism remained the dominant source of services receipts after international visitor arrivals increased 21 per cent to 947,169 during the year.
The performance highlights the growing importance of tourism to Zanzibars external sector, while also showing a renewed con...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.