Kenya recorded a trade deficit of 134688 Million KES in March of 2023. source: Kenya National Bureau of Statistics

Balance of Trade in Kenya averaged -54958.00 Million KES from 1998 until 2023, reaching an all time high of -2175.00 Million KES in June of 1999 and a record low of -168002.00 Million KES in August of 2022. 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 June of 2023.

Balance of Trade in Kenya is expected to be -141500.00 Million KES by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Balance of Trade is projected to trend around -113400.00 Million KES in 2024 and -120000.00 Million KES in 2025, according to our econometric models.

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Kenya Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-08-16 10:00 AM Jun KES -156B KES -126B KES -122B
2022-08-16 10:00 AM Apr KES -126B KES -136B KES -140B

Related Last Previous Unit Reference
Balance of Trade -134688.00 -107930.00 Million KES Mar 2023
Current Account -5640.90 -5634.70 USD Million Mar 2023
Current Account to GDP -4.90 -5.40 percent of GDP Dec 2022
Imports 216426.00 184581.00 million KES Mar 2023
Exports 81738.00 76651.00 Million KES Mar 2023
External Debt 4851.09 4709.72 KES Billion Mar 2023
Capital Flows -3950.90 -4054.00 USD Million Mar 2023
Remittances 356980.47 309172.70 USD Thousand Mar 2023
Foreign Direct Investment 46390.00 50801.00 KES Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-134688.00 -107930.00 -2175.00 -168002.00 1998 - 2023 Million KES Monthly