Kenya’s agricultural exports to Tanzania have hit a five month high from a ten year low recorded last year to Sh10.54bn, a 28 per cent increase compared to a similar period in 2017 according to data released by the Kenya National Bureau of Statistics.
This comes after the two countries solved a trade impasse solving tariff and non-tariff barriers allowing Kenya to export textiles and non-industrial sugar from the export promotion zone.
In October last year, Tanzania impounded and burned 6,400 live chicks from Kenya worth Sh577,000 on account that they were imported illegally via the Namanga border post with traders incurring losses.
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Kenyan workers at an EPZ textile factory. Photo/courtesy.
Pakistan which was Kenya’s leading export destination imported tea worth Sh23.07bn, a drop of 7.11 per cent compared to a similar period last year.
Cut flowers exports to Netherlands on the other hand rose by 13.45 per cent to Sh21.65bn while Ugandan imports from Kenya rose by 2.76 per cent to Sh21.31bn.
Other top export destinations include the United Kingdom, which overtook the USA during the period to become Kenya’s fourth-largest market ordering goods valued for Sh17.5bn or a 12.93 per cent jump as the American order book thinned 7.65 per cent to Sh17.13bn.
Overall, earnings from domestic exports of commodities rose by 4.8 per cent from Sh506.5bn in 2016 to Sh530.6bnin 2017 according to Economic Survey 2018.
Tea remained the leading export earner with earnings increasing by 18.3 per cent to Sh 147.3bn during the same period. In 2017, horticultural export earnings maintained an upward trend at Sh113.3bn, accounting for 21.4 per cent of the total value of domestic exports.
Kenyan agricultural exports to Tanzania hit five month high
Kenya’s agricultural exports to Tanzania have hit a five month high from a ten year low recorded last year to Sh10.54bn, a 28 per cent increase compared to a similar period in 2017 according to data released by the Kenya National Bureau of Statistics.
This comes after the two countries solved a trade impasse solving tariff and non-tariff barriers allowing Kenya to export textiles and non-industrial sugar from the export promotion zone.
In October last year, Tanzania impounded and burned 6,400 live chicks from Kenya worth Sh577,000 on account that they were imported illegally via the Namanga border post with traders incurring losses.
Pakistan which was Kenya’s leading export destination imported tea worth Sh23.07bn, a drop of 7.11 per cent compared to a similar period last year.
Cut flowers exports to Netherlands on the other hand rose by 13.45 per cent to Sh21.65bn while Ugandan imports from Kenya rose by 2.76 per cent to Sh21.31bn.
Other top export destinations include the United Kingdom, which overtook the USA during the period to become Kenya’s fourth-largest market ordering goods valued for Sh17.5bn or a 12.93 per cent jump as the American order book thinned 7.65 per cent to Sh17.13bn.
Overall, earnings from domestic exports of commodities rose by 4.8 per cent from Sh506.5bn in 2016 to Sh530.6bnin 2017 according to Economic Survey 2018.
Tea remained the leading export earner with earnings increasing by 18.3 per cent to Sh 147.3bn during the same period. In 2017, horticultural export earnings maintained an upward trend at Sh113.3bn, accounting for 21.4 per cent of the total value of domestic exports.