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Browsing: Strategic Trade and Investment (STIP)
- In the first three months of this year, Asia remained the leading source of Kenya’s imports accounting for goods worth $3.4 billion, as the country’s import bill closed the quarter at $5.4 billion.
- Kenyan traders and government imported goods worth $990.2 million from China, data by the Kenya National Bureau of Statistics (KNBS) shows, making it the biggest import source by country.
- Unlike his predecessors, President Ruto is seen to lean more towards the West as he seeks financing and trade cooperation.
Kenya’s imports from Asian countries including China
China and India remained the top exporters to Kenya in the first quarter of this year, leading other Far East nations in retaining a firm grip on the East African economic powerhouse’s trade and investment space, which they have dominated for over a decade.
This trend continues despite President William Ruto’s heightened charm offensive to economies from the West, which is …