Key Market Indicators
**Tanzanian Truck Export to Surge by 2028** Tanzania's truck export market is projected to reach approximately $134 million by 2028, up from around $102 million in 2023, marking a compound annual growth rate (CAGR) of 4.3%. Since 2004, the nation's truck supply has seen a modest annual increase of 0.5%. In 2023, Tanzania ranked 41st globally in truck exports, with Lithuania surpassing it at about $102 million. The top three countries in this ranking were the United States, Germany, and France, holding the second, third, and fourth positions, respectively. **Tanzanian Truck Imports See Slow Growth** On the import side, Tanzania's truck imports are expected to reach nearly $180 million by 2028, up from roughly $178 million in 2023. This translates to a modest annual growth rate of 0.3%. However, since 2000, the country's demand for trucks has decreased by 2% annually, indicating a long-term downward trend in import volume.