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Kenya eyes trade surplus by 2022 in export drive

Published on August 06, 2018

For a long time, the story of international trade in Kenya has been that of just a few key commodities — mainly raw agricultural products — exported to a handful of destinations, against tonnes of imports entering the country’s borders from across the world.

The result has been a widening trade deficit that stood at $11 billion in 2017, 33 per cent higher than in 2016.

Imports rose by 20.49 per cent to $17.5 billion, while exports expanded by a meagre 2.78 per cent to $5.94 billion. Read more. Source | East African