Browsing: foreign exchange earner

• Kenya’s tea exports increase on the reopening of the Tanzanian market 
• Kenya had earlier in the month unveiled the China-Kenya Tea Trade Centre in Fujian province to distribute Kenyan tea in China.
• Kenya’s export value for the first time in history hit Sh1trillion in 2023, according to the 2024 economic survey by KNBS.

The volume of Kenya’s tea exports increased by 19 per cent in the first quarter of 2024, boosted by increased shipment to key markets, according to a communication from the Tea Board of Kenya (TBK).

The exports rose to 155.8 million kilograms, up from 131.1 million kgs posted in January-March 2023, the TBK said in a report released in Nairobi. The TBK attributed the surge to rising demand in traditional and emerging markets.

In the period under review Tanzania had reversed its decision to suspend imports of tea, that presented a window for Kenyan traders to …