A rise in cashew exports boosted the value of Tanzania's traditional exports by 16.75 per cent in the year ending April 2017.
According to the Bank of Tanzania (BoT) economic review for May, traditional exports improved to $863.6 million from $739.7 million in the year that ended in April 2016, largely powered by cashew nuts.
While the exports of cloves, sisal, tea and tobacco declined, that of cashew nuts improved from $185.9 million to $341.1 million, the report has shown.
The improvement in exports of cashew nuts occurred in both volume and price.
source: allafrica.com
