Economy of Kenya
Statistics | |
---|---|
Export goods | Tea, horticultural products, coffee, petroleum products, fish, cement, apparel |
Main export partners | Uganda 10.8% Pakistan 10.6% United States 8.1% Netherlands 7.3% United Kingdom 6.4% Tanzania 4.8% United Arab Emirates 4.4% (2017) |
Imports | $15.99 billion (2017 est.) |
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Contents
What countries does Kenya export to?
In 2019, Kenya major trading partner countries for exports were Uganda, United States, Netherlands, Pakistan and United Kingdom and for imports they were China, India, United Arab Emirates, Saudi Arabia and Japan.
Who exports from Kenya?
Agricultural products are central to Kenya’s export industry with horticultural and tea being the most important. Other export items include textiles, coffee, tobacco, iron and steel products, petroleum products, cement. Kenya main exports partners are UK, Netherlands, Uganda, Tanzania, United States and Pakistan.
Which country does Kenya trade with the most?
Kenya top 5 Export and Import partners
Market | Trade (US$ Mil) | Partner share(%) |
---|---|---|
United States | 509 | 8.71 |
Netherlands | 470 | 8.06 |
Pakistan | 443 | 7.60 |
United Kingdom | 392 | 6.71 |
What is Kenya’s major export?
Overview. Agriculture dominates the Kenyan economy, accounting for 40% of the overall workforce (70% of the rural workforce) and about 25% of the annual workforce. The country’s major agricultural exports are tea, coffee, cut flowers, and vegetables. Kenya is the world’s leading exporter of black tea and cut flowers.
What does Kenya export to USA?
Kenya is one of AGOA’s top five exporters to the United States, primarily sending apparel, cocoa, tree nuts, coffee, and tea. It imports American aircraft, machinery, agricultural products, and plastics.
Which is the richest company in Kenya?
Safaricom CEO Peter Ndegwa. He runs the most profitable company in Kenya. Photo: Peter Ndegwa.
- Safaricom. According to the Communications Authority of Kenya, the telco had a market share of 63.7% as of September 2020.
- East Africa Breweries Limited (EABL)
- Nation Media Group.
- TotalEnergies Marketing Kenya.
- Equity Bank.
What is Kenya’s biggest import?
Imports The top imports of Kenya are Refined Petroleum ($3.07B), Cars ($522M), Packaged Medicaments ($471M), Wheat ($439M), and Hot-Rolled Iron ($413M), importing mostly from China ($4.48B), United Arab Emirates ($1.83B), India ($1.82B), Saudi Arabia ($1.28B), and Japan ($910M).
What does Kenya export to Uganda?
In 2019, Kenya exported $619M to Uganda. The main products exported from Kenya to Uganda were Palm Oil ($63.8M), Coated Flat-Rolled Iron ($42.2M), and Refined Petroleum ($36.1M). During the last 24 years the exports of Kenya to Uganda have increased at an annualized rate of 4.85%, from $199M in 1995 to $619M in 2019.
What is the capital of Kenya?
Nairobi
What does Kenya import from Canada?
Kenya Imports from Canada | Value | Year |
---|---|---|
Machinery, nuclear reactors, boilers | $7.02M | 2020 |
Edible vegetables and certain roots and tubers | $2.82M | 2020 |
Tanning, dyeing extracts, tannins, derivatives, pigments | $2.81M | 2020 |
Pharmaceutical products | $2.34M | 2020 |
What does Kenya produce?
While the five most important agricultural imports in Kenya are wheat, palm oil, sugar, corn, and rice, there are many other agricultural products that offer great opportunities for U.S. export. Wheat is the number one imported agricultural product in Kenya.
How much does Kenya import from China?
Kenya Imports from China was US$3.39 Billion during 2020, according to the United Nations COMTRADE database on international trade.
Is Kenya a poor or rich country?
Kenya is a lower-middle income economy. Although Kenya’s economy is the largest and most developed in eastern and central Africa, 36.1% (2015/2016) of its population lives below the international poverty line. This severe poverty is mainly caused by economic inequality, government corruption and health problems.
How wealthy is Kenya?
According to the report, Credit Suisse’s 12th edition of the Global Wealth Report, Kenya ranks fourth in Africa with the highest concentration of wealthy individuals whose total wealth is estimated at ($338billion) as of 2020.
Is Kenya developed country?
In 2020, Kenya ranked 56th in the World Bank ease of doing business rating, up from 61st in 2019 (of 190 countries). Compared to its neighbors, Kenya has a well-developed social and physical infrastructure.
Economy of Kenya.
Country group | Developing/Emerging Lower-middle income economy |
Statistics | |
---|---|
Population | 47,564,296 (2019) |
What does the US get from Kenya?
Washington imports from Kenya include coffee, titanium ores and textiles which accounted for 79 per cent of the country’s total exports to America last year under a duty-free trade pact – the African Growth and Opportunity Act (Agoa).
What do Kenya import?
Kenya imports mostly machinery and transportation equipment, petroleum products, motor vehicles, iron and steel, resins and plastics. Kenya main import partners are India, China, UAE, South Africa, Saudi Arabia, United States and Japan.
What is Kenya known for?
Kenya is known for the Big Five and the Great Wildebeest Migration. It’s also known for its world record-breaking athletes, its rich biodiversity, and great safari destinations. Kenya is known for being home to Lupita Nyong’o and Barrack Obama Snr. The most famous foods in Kenya are Nyama Choma and Githeri.
Who are the billionaires in Kenya?
2015
Rank in Kenya | Name | Net worth (USD) |
---|---|---|
1 | Bhimji Depar Shah and family | 0.7 Billion |
2 | Narendra Raval | 0.4 Billion |
3 | Naushad Merali | 0.37 Billion |
Which is the most educated tribe in Kenya?
Kikuyu. Currently, the Kikuyu tribe tops the list; they are the most educated tribe in Kenya with over 130 professors and 5600 Ph.