Kenya recorded a trade deficit of 61722 Million KES in May of 2020.
Balance of Trade in Kenya averaged -46964.64 Million KES from 1998 until 2020, reaching an all time high of -2175 Million KES in June of 1999 and a record low of -119463 Million KES in September of 2014. This page provides the latest reported value for - Kenya Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Central Bank of Kenya
Balance of Trade in Kenya is expected to be -85000.00 Million KES by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kenya to stand at -80000.00 in 12 months time. In the long-term, the Kenya Balance of Trade is projected to trend around -86500.00 Million KES in 2021 and -103000.00 Million KES in 2022, according to our econometric models.
Kenya Trade Gap Unchanged YoY in January
Kenya Posts Widest Trade Gap in 19 Months
Kenya Trade Gap Widens 5.2% YoY in November
Kenya Posts Smallest Trade Gap in 6 Months
Kenya Balance of Trade
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. 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.