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 | $15.99 billion (2017 est.) |
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Contents
Which countries does Kenya export to?
Kenya top 5 Export and Import partners
| Exporter | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 3,590 | 20.86 |
| India | 1,706 | 9.91 |
| United Arab Emirates | 1,633 | 9.49 |
| Saudi Arabia | 1,247 | 7.25 |
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.
Who does Kenya trade with?
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.
What does Kenya export to us?
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.
What does the US import from Kenya?
U.S. total imports of agricultural products from Kenya totaled $126 million in 2019. Leading categories include: tree nuts ($55 million), unroasted coffee ($34 million), tea, including herbal ($11 million), essential oils ($10 million), and other vegetable oils ($6 million).
What does Kenya buy from other countries?
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 Kenya manufactures?
The Big 4 has identified 8 priority sectors under its manufacturing pillar including agro-processing, textile, leather, construction materials, oil and mining, iron and steel and ICT.
Does Kenya export anything?
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.
What is Kenya’s main 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 are Kenya’s top exports and imports?
Kenya’s main exports are horticultural products, tea, coffee, fish and cement. Its main imports are machinery, transport equipment, petroleum, iron, steel, resins and plastics. Kenya is the largest importer of used motor vehicles in Africa. The average ad valorem tariff for imported goods is 12.7% (2007).
How is the Kenyan economy doing?
Until the COVID-19 pandemic, Kenya was one of the fastest growing economies in Africa, with an annual average growth of 5.9% between 2010 and 2018. With a GDP of $95 billion, Kenya recently reached lower-middle income status, and has successfully established a diverse and dynamic economy.
Is Kenya a net importer or exporter?
Kenya is a net importer of agricultural commodities and food products. Value of agricultural and related products exports to Kenya increased at annual average rate of 13 percent between 2013 and 2017 calendar years, reaching US$3.3 billion in 2017.
Why is Kenya important to the world?
Kenya, country in East Africa famed for its scenic landscapes and vast wildlife preserves. Its Indian Ocean coast provided historically important ports by which goods from Arabian and Asian traders have entered the continent for many centuries.
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.
Is Kenya an ally of the US?
Kenyan Embassy, Washington, D.C. Kenya–United States relations are bilateral relations between Kenya and the United States. Kenya and the United States have long been close allies and have enjoyed cordial relations since Kenya’s independence.
What do Nigeria export to Kenya?
Oil and natural gas are the most important export products for Nigerian trade.The country exports approximately 2.327 million barrels per day, according to 2007 figures.
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.
What does India import from Kenya?
Top Products which India Imports from Kenya are – Dried Leguminous Vegetables, Carbonates, Copper Waste And Scrap etc. Import certification, procedures and formalities to import goods to a country is almost same in all countries worldwide.
What does the UK import from Kenya?
Our top goods imported from Kenya were coffee, tea and spices (HS09, £121 million, mostly black tea), edible vegetables (HS07, £79 million, mostly green beans) and live trees and plants (HS06, £54 million, mostly cut flowers), together representing around 80% of the total value of goods imported from Kenya.
Is Kenya poor or rich?
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.
