As per the year 2019, Kenya which is an Eastern
Africa country is stated to be in the number 63 position among the economies of
the world in terms of GDP. Import Data
Kenyashows that
the country stands at 81st position in worldwide imports in the year 2019.
It imported
goods that had a value of USD 17,220 million.
This showed a decrease of -19.4% from the previous year. As per the trade data
of 2018, Kenya’s imported products had a value of around USD 17,380 million in
the year 2018. The rate of population that Kenya has, its volume of imports in
the year 2019 had equated to approximately USD 300 in annual commodity demand
from each citizen. Kenya Export
Datashowed that
the goods had a value of around USD 5,836 million in the year 2019. This
reflected a downfall by -43.1% when compared to the previous year of 2018. In
2018, Kenya had shipped products that were having a value of around USD 6,049
million.
Due to this, the
country stands at 105th position among the top exporter countries in the world
during the year 2019. The overall amount of Kenya’s exports in 2019 as per the
total population of the country is equated to approximately around USD 70 for
each Kenyan citizen. Kenya Trade
Datastates
that Kenya mostly imports machinery of 9.53%, mineral fuels & oils of
19.3%, equipment of electrical machinery of 7.36%, cereals, iron & steel of
5.32%, vehicles of 7.02%, and plastics of 4.26%. The importing partner that
Kenya has keeps China at the top with a share value of around USD 3.590
million, then India with 1,706 million, United Arab Emirates of USD 1,632
million, Saudi Arabia of USD 1,246 million, Japan with USD 947 million, South
Africa with USD 435 million, United States with USD 591 million and at last
Indonesia with USD 482 million.
The top Export
Data Kenya had made in the year 2019 were Spices, Coffee,
and Mate & Tea of 22.94%, Tress and plants of 11.03%, mineral fuel &
oils of 7.74%, clothing and apparel of 3.96%, roots & edible vegetables of
3.85%, fruits & nuts of 3.5%, fats & oils of vegetable or animal of
2.36%, machinery of 2.26%.
According to Kenya
Customs Data, the top 10 export partners that the country has
to include Uganda at the top with a share value of around USD 624 million,
United States of USD 508 million, Netherlands of USD 470 million, Pakistan of
USD 443 million, United Kingdom of USD 391 million.
Globalization is a requirement for today's businesses. Your product can't become popular in just one country. Being international is the most effective way to succeed in the trade. Kenya Trade Data will assist you in not just comprehending marketing strategies, but also in gaining a better understanding of consumer behavior. It's crucial to understand the difference between preference and what drives people to seek out alternatives. If you want to sell a product or a service, this is the place to be. Kenya's principal economic activities are divided into three key economic sectors. The following are the three economic sectors: ● Agriculture ● Industry ● Services. Kenya has abundant natural resources, but its infrastructure has to be improved. Kenya's major imports and exports are discussed in this blog. This is something that Kenya Import Export Data may assist you to comprehend. Insights from the competition and more. Kenya's Most Popular Products Here is a li
Kenya is the 63 rd economy in terms of the world's GDP. According to Kenya Trade Data , Kenya is ranked 107 th in total exports, 80 th in total imports, 96th in total exports, and 146 th in GDP per capita in the current US dollars in 2019. According to the statistics, over the last five years, Kenya's exports have increased by $13.6 million while rising from the value of $6.24 billion in 2014 to $6.25 billion in 2019. The whole economic performance of the country is reflected through the gross domestic product percentage ratio. Kenya’s import of goods and services as of GDP percentage is 23.01% and the export of goods and services is 13.18%. According to the database of international trade statistics, Kenya Import Export Data by Country states that in the year 2019, China with a value of $3.59B was the top among all the other countries. After which India with $1.71B, United Arab Emirates with $1.63B, Saudi Arabia with the value of $1.25B. Other than these countries, Japan,
Kenya imports mainly transportation and machinery or equipment, petroleum items, motor vehicles, iron, resins, and plastics. Kenya's primary import partners are India, China, UAE, South Africa, the United States, and Japan. Import trade in Kenya The import data through the internet gives the Kenya importers continuous and huge business opportunities. A Kenya Import Data contains information about mineral oil or fuel, iron, steel, and plastics. This data is the accumulation of transactions of import goods. This data is useful for local traders are easily finding the suppliers for their product requirements. Nowadays, the import data is stored and retrieved easily in the cloud database. The import data is also containing importer details. The importer details include the name, address, contact number, email id, and fax number. The import material data includes the product description, date of consignment, and shipping details. The export trade in Kenya The export trade data is he
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