The United Republic of Tanzania in East Africa occupies a land area of 947,300 square kilometers and holds a population of 59 million which practices the diverged ethnicity of 120 ethnic groups residing in the nation. The nation is well known for its diversity of landscapes and wildlife featuring a plethora of flora and fauna attracting the majority of the tourist visits each year. The presence of Serengeti National Park, Ngorongoro Conservation Area, and Kilimanjaro National Park in the region are a massive attraction of tourist visits each year. The wide species of animals in its wildlife like lions, elephants, giraffes, and zebra accounts for the majority of the tourist revenue rates.
In addition to the tourism sector which accounts for the majority of the annual generated economic trade revenue, the agricultural sector also accounts for a wide share in its trade rate contributing 17% to the total GDP of the nation. The attributing factors along with the investment rate of the government and the finance sectors have recorded a GDP of 72 billion US dollars in 2023 with a growth rate of 6% from the previous few years along with an import trade value of 12 billion US dollars says the Tanzania Customs Data.
