Browsing: Cashewnuts Board of Tanzania

• Tanzania’s agriculture sector holds one-third of the country’s GDP and employs 75 per cent of the population.
• The government target is to raise crop exports by 48 per cent to $3.5 billion by 2025 as food shipments rise to overtake the value that Tanzania earns from its traditional export crops.
• Tanzania earned over $1.2 billion with the export of agricultural commodities in 2020.

An outlook into Tanzania’s agriculture sector

Numbers show that farmers are Tanzania’s most essential workforce. Tanzania’s agriculture sector holds one-third of the country’s GDP and employs 75 per cent of the population.

Available data shows that approximately 80 per cent of Tanzania’s exports are agricultural products such as coffee, cotton, sisal, tea, cashew nuts and tobacco, to mention a few.

From 2014 to 2020, the above crops benefitted the nation’s export baskets. Tanzania earned over $1.2 billion with the export of agricultural commodities in 2020, according to …

The cashew nut season in Tanzania has recently commenced and according to a recent report by the Bank of Tanzania (BoT), almost 40 per cent of the nation’s harvested cashew nuts have been exported, over the period of the 2018/2019 season, which means about 90,000 tonnes have been exported.

Per the BoT report, Tanzania cashew stock for the 2018/2019 season is over 225,000 tones, whereas the amount of the respective income garnered has not yet been revealed.

The Ministry of Agriculture has confidence that the sales of cashew nut to go on quite well in this season, taking the new measures put in place to fortify accurate and effective bids and sales over space and time.

This includes the newly ushered digital auction system, that will be executed per the open digital auction platform operational standards, giving an ample room to all interested buyers to bid their stake into the …