Kenya Import Export Trade Data

Kenya is a country located in the Africa continent with a coastline on the Indian Ocean. It is home to plenty of animals like rhinos, lions, and elephants. It starts from the capital Nairobi; safaris visit the Maasai Mara Reserve, known for its annual wildebeest migrations, and Amboseli National Park, offering views of Tanzania’s 5,895m Mt. Kilimanjaro. The coast of the Indian Ocean allowed Kenya to trade goods with Asian and Arabian countries. Kenya is one of the fastest-growing economies in the Africa continent. According to the government Kenya Trade Data, it shows that Kenya has a trade growth rate of 5.46% which was higher than the overall world average of 3.5%. Total exports of goods and services in Kenya were 13.18% of the GDP in the year 2019 whereas total imports of goods and services are 23.01% of the GDP. Kenya export data helps to find various things about Kenya’s import trade. Kenya mainly exports coffee, tea, matt, mineral fuels and oils, Edible vegetables, edible fruits and nuts, iron and steel, nuclear reactors, etc. Kenya exports tea with around 19% of their export products whereas 7.55% petroleum gas and oil.

According to Kenya Trade Data reports, the value of exports from Kenya totaled $ 5.83 billion in 2019. In comparison to the 2018 export data of Kenya, in the year 2019, it decreased by 3.53% compared to 2018. Merchandise exports in Kenya decreased by $ 214 million in the year 2019. 

Top 5 export partners of Kenya according to 2019 Kenya Export Data:

• Uganda (10.6% share of total export)

• USA (8.71% share of total export )

• Netherlands (8.05% share of total export)

• Pakistan (7.59% share of total export)

• United Kingdom (6.71% share of total export)

With the help of Kenya Import Data, you can know many facts about Kenya imports. Kenya mainly imports products are petroleum gas and fuels, iron and steel, cereals, electrical equipment, vehicles, etc.

The value of goods and services imports to Kenya totaled $ 17.2 billion in 2019. According to trade reports, Overall commodity imports to Kenya decreased by 0.959% compared to 2018. Merchandise imports decreased by $166 million in 2019.

Top 5 Import partners of Kenya

• China (20% share of total import)

• India (9.91% share of total import)

• United Arab Emirates (9.48% share of total import)

• Saudi Arabia (7.24 share of total import)

• Japan (5.5% share of total import)

Kenya Trade Data give trade statistics of Kenya. Kenya had a total export of 6,050,420.68 in thousands of US$ and total imports of 17,376,721.27 in thousands of US$ which leads to a negative trade balance of -11,326,300.59 in thousands of US$. The Effectively Applied Tariff Weighted Average for Kenya is 10.07% and the Most Favored Nation (MFN) Weighted Average tariff is 12.66%. The trade growth of Kenya is 5.46% compared to a world growth of 3.50% whereas the GDP of Kenya is 87,908,262,520 in current US$. Kenya Export Data of goods and services as a percentage of GDP is 13.18% and imports of goods and services as a percentage of GDP is 23.01%.





Popular posts from this blog

Kenya Import Export Data

Why is the HS code important to trade in national and international?

Kenya Import Export Database Provider with Details