Data from the Kenya National Bureau of Statistics shows:

Exports up 17%, but trade deficit still increasing

Kenya's domestic exports grew by 17 per cent in the 11 months to November, driven by food commodities, fresh produce and manufactured goods. The value of domestic exports grew to Sh603.6 billion, latest Kenya National Bureau of Statistics data shows, up from Sh512.3 billion in 2020.

Including re-exports, the total value was Sh672.6 billion compared to Sh583.7 billion buoyed by the reopening of economies and international trade earlier slowed down by the Covid-19 pandemic in 2020. However, the country's trade deficit widened to Sh1.24 trillion as the import bill jumped to Sh1.9 trillion from Sh1.4 trillion, mainly as a results of high imports on industrial supplies, fuel and lubricants, machinery, transport equipment and consumer goods.

[ Sh100 = €0.79 ]

 

Source: the-star.co.ke


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