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Top Kenyan Exports & ImportsRising Coffee and Tea Shipments Improve Trade Balance with America
Chaos reigns in Kenya after President Mwai Kibaki's controversial election win over Raila Odinga, yet Kenya's international trade statistics show promise.
In 2006, Kenya exported some US$3.4 billion worth of goods led by tea, horticultural products, coffee, petroleum products, fish and cement. Topping the list of customers for Kenyan exports were Uganda (15.9% of total exports), the United Kingdom (10.3%), the United States (8.2%), Netherlands (7.9%), Tanzania (7.7%) and Pakistan (4.9%). Kenya imported about $6.8 billion in commodities ranging from machinery, transportation equipment, petroleum products, motor vehicles, iron, steel and plastics. Leading suppliers of Kenyan imports included the United Arab Emirates (11.8% of total imports), India (8.8%), China (8.3%), Saudi Arabia (8.3%), the United States (7%), South Africa (6.4%), the United Kingdom (5.3%) and Japan (4.7%). Kenya’s international trade deficit was $3.4 billion in 2006. A closer look at Kenyan’s trade statistics with the United States reveal that the African nation has significantly reduced its deficit with one of its major trading partners. Kenyan Exports to U.S.With a population of 36.9 million, Kenya exported US$353.7 million worth of merchandise to the United States in 2006, up 1.6% from 2005 and up 87.6% in 4 years.
Fastest-Growing Kenyan Exports to U.S.Below are American imports from Kenya in 2006 with the highest percentage sales increases from 2005.
Kenyan Imports from U.S.Kenyan imports from the U.S. fell 16.8% to $526 million in 2006, but were up 108.5% since 2002. Of American exports to Kenya in 2006, the following product categories had the highest values.
Fastest-Growing Kenyan Imports from U.S.Below are American exports to Kenya in 2006 with the highest percentage sales increases from 2005.
In terms of the merchandise flow between the two countries, America’s trade surplus with Kenya was $172.3 million in 2006, down 108.5% from 2002. The U.S. trade deficit with Kenya decreased 39.4% in 2006 – a significant improvement from the 583% deficit increase in 2005 from the year earlier. SourcesThis analysis is based on latest statistics from the US Census Bureau - Foreign Trade Statistics and CIA World Factbook as of the date of article publication.
The copyright of the article Top Kenyan Exports & Imports in Import/Export is owned by Daniel Workman. Permission to republish Top Kenyan Exports & Imports in print or online must be granted by the author in writing.
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