Kenya Balance of Trade 1998-2014 | Data | Chart | Calendar | Forecast

Kenya recorded a trade deficit of 105738.49 Million KES in July of 2014. Balance of Trade in Kenya averaged -31634.63 Million KES from 1998 until 2014, reaching an all time high of -2175 Million KES in June of 1999 and a record low of -105738.49 Million KES in July of 2014. Balance of Trade in Kenya is reported by the Kenya National Bureau of Statistics.

   
 
 

Kenya Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-105738.49 -69530.00 -2175.00 -105738.49 1998 - 2014 Million KES Monthly
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. This page provides - Kenya Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Kenya Balance of Trade - was last refreshed on Saturday, September 20, 2014.


Kenya Trade Deficit Narrows Sharply in June


Kenyan trade gap decreased to KES 69.5 billion in June of 2014, from KES 102.6 billion in the previous month as imports fell sharply.

Exports declined to KES 44.1603 billion in June of 2014 from KES 47.866 billion in the previous month. Domestic exports indicated that food and beverages was the main export category in June (41.1 percent of exports), followed by non-food industrial supplies (27.7 percent) and consumer goods not elsewhere specified (27.9 percent).

Sales of coffee fell marginally to KES 2.0068 billion in June of 2014 from KES 2.0242 billion in the previous month, while exports of tea expanded to KES 7.6923 billion from KES 7.380 billion.

Higher sales were delivered for the US, United Kingdom and Egypt, but declined for Netherlands, Germany, France, Uganda, Tanzania, Rwanda, United Arab Emirates and Pakistan.

Imports fell by 24.4 percent to KES 113.6902 billion from KES 150.4776 in May. Industrial supplies (non-food) was one of the main import category (30.8 percent from the total), followed by fuel and lubricants (24.2 percent), machinery & other capital equipment (15.4 percent) and transport equipment (10.6 percent). Food and beverage recorded a share of 9.4 percent while consumer goods not elsewhere specified recorded a share of 8.3 percent.

Purchases delined from the major origin' markets: the US, United Kingdom, Germany, France, United Arab Emirates, Saudi Arabia, Japan, India, China.

Kenya National Bureau of Statistics | Isabel Felino | isabel.felino@tradingeconomics.com
8/4/2014 11:11:11 AM


Recent Releases

Kenya Trade Deficit Widens Sharply in May
Kenyan trade gap reached KES 102.6 billion in May of 2014, widening 13.6 percent from the previous month and 46.5 percent over a year earlier. It is the highest shortfall on record, driven by a surge in imports. Published on 2014-07-04

Kenya Trade Deficit Decreases in March
Kenyan trade gap narrowed for the second consecutive month to KES 59.2 billion in March of 2014 from KES 64.4 billion in the previous month, as exports hit the highest value on record. Published on 2014-06-02


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-06-02 12:00 PM Kenya
Balance of Trade
Mar 2014 KES -59.2B KES -64.4B KES -79.4B
2014-06-30 05:00 PM Kenya
Balance of Trade
Apr 2014 KES -90.3B KES -59.2B KES -72.7B
2014-08-04 09:00 AM Kenya
Balance of Trade
Jun 2014 KES -69.5B KES -102.6B KES -80.3B
2014-09-01 05:15 PM Kenya
Balance of Trade
Jul 2014 KES -105.7B KES -69.5B KES -83.1B
2014-10-01 09:00 AM Kenya
Balance of Trade
Aug 2014 KES -105.7B


Trade Last Previous Highest Lowest Unit
Balance of Trade -105738.49 -69530.00 -2175.00 -105738.49 Million KES [+]
Exports 43001.70 44160.00 48995.41 9007.00 Million KES [+]
Imports 148739.56 113690.00 150478.00 13453.00 Million KES [+]
Current Account -317.82 -190.21 159.86 -652.00 USD Million [+]
Current Account to GDP -8.20 -10.45 2.20 -12.20 Percent [+]
External Debt 1085.93 957.89 1085.93 361.73 KES Billion [+]
Remittances 116064.00 119657.00 119657.00 25154.00 USD Thousand [+]
Capital Flows 437950000.00 265860000.00 924290000.00 -232920000.00 USD [+]
Gold Reserves 0.02 0.02 0.02 0.00 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -535.91 EUR Million [+]
India -10838.56 Aug/14 -12228.60 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 6857.00 Jul/14 3236.30 6857.00 -6389.30 EUR Million [+]
Japan -948.50 Aug/14 -962.13 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1826700.00 Jul/14 -1477012.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 1386.00 Aug/14 3901.00 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





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