Tanzania has largely completed its transition to a market economy, though the government retains a presence in sectors such as telecommunications, banking, energy, and mining. Resources include diamonds, gemstones, gold, coal, iron, nickel, forest product, domesticated livestock, wildlife, fisheries and marine resources, natural gas and possibly oil. Primary exports in terms of value include gold and tobacco, while key imports are capital and consumer goods.
Tanzania’s main trading partners are China, India, the European Union (EU) and neighboring Southern African Development Community (SADC) and East African Community (EAC) countries. Tanzania’s exports to the United States are dominated by agricultural commodities, minerals and textiles, while imports from the United States include wheat, agricultural and transport equipment, chemicals, used clothes and machinery.