KENYAN EXPORTS HIT 580 BILLION SHILLINGS IN 2015

Kenya exported goods worth 580 billion shillings (about 5.7 billion US dollars) in 2015, driven by strong demand from Uganda, Pakistan, the United States and the African market.

The Kenya National Bureau of Statistics reported Monday that neighbouring Uganda remained Kenya’s biggest export market, importing more than 60 billion shillings in 2015, up from 48 billion shillings in 2014.

In 2014, Kenyan exports totalled about 537 billion shillings.

Tea, coffee, and chemicals topped Kenya’s export basket.

The Kenyan government has been on a charm offensive on the international market to sell Kenyan goods and services in the face of the country’s rising import bill as well as its increasing recurrent and development expenditure.

Exports to the United States, which comprised mainly textiles and coffee, rose by 2.0 billion shillings to 40.3 billion shillings while exports to Britain rose by 4.0 billion shillings to 40 billion shillings.

The Kenya Flower Council meanwhile announced that flower exports recovered last year to earn the country 63 billion shillings.

However, exports to Tanzania declined from 33.3 billion shillings in 2014 to 25.3 billion shillings in 2015.

Pakistan was another major export destination for Kenyan goods, especially for tea and other agricultural products.

Source: KBC