Kenya's trade deficit rose to KES 90.4 billion in February 2019 from KES 71.7 billion in the same month a year ago. Imports climbed 9.6% to KES 141.3 billion, mainly driven by purchases of machinery & transport equipment (57.3%); mineral fuels, lubricants (15.7%); chemicals (3.6%) and beverages & tobacco (5.5%). Conversely, declines were registered for food & live animals (-27.7%); animals & vegetable oils and fats (-37%) and manufactured goods (-3.6%). Imports rose mainly from Germany (51.7%), the UK (13.6%), Japan (7.2%) and South Africa (1.7%) but fell sharply from India (-13.8%), Saudi Arabia (-31.4%) and the US (-12.5%). On the other hand, exports slipped 11.1% to KES 50.9 billion, amid lower sales of tea (-34.2%); petroleum (-53.5%); fish (-17%) and cement (-75.1%). Conversely, shipments went up for coffee (18.2%); chemicals (1.4%) and horticultural products (2.6%). Overseas sales fell mostly to Uganda (-10.1%), Pakistan (-38.7%), Egypt (-27.4%) and the UK (-12.9%). Balance of Trade in Kenya averaged -44149.48 Million KES from 1998 until 2019, reaching an all time high of -2175 Million KES in June of 1999 and a record low of -119463 Million KES in September of 2014.

Balance of Trade in Kenya is expected to be -93000.00 Million KES by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kenya to stand at -83000.00 in 12 months time. In the long-term, the Kenya Balance of Trade is projected to trend around -86500.00 Million KES in 2020, according to our econometric models.

Kenya Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-01 03:00 PM Balance of Trade KES -102.2B KES-99.4B KES -90.0B
2019-03-08 10:55 AM Balance of Trade KES -82.7B KES -102.2B KES -90.0B
2019-04-05 09:15 AM Balance of Trade KES -101.8B KES -82.7B KES -103B
2019-04-05 09:15 AM Balance of Trade KES -90.4B KES -101.8B KES -70B
2019-05-17 11:20 AM Balance of Trade KES -90.4B KES -86B
2019-06-20 11:10 AM Balance of Trade
2019-07-18 10:00 AM Balance of Trade


Kenya Trade Last Previous Highest Lowest Unit
Balance of Trade -90352.00 -101821.00 -2175.00 -119463.00 Million KES [+]
Current Account -4176.80 -4406.00 159.86 -5193.30 USD Million [+]
Current Account to GDP -5.20 -5.90 2.20 -12.20 percent [+]
Imports 141273.00 155112.00 168020.00 13453.00 million KES [+]
Exports 50921.00 53290.00 59405.00 9007.00 Million KES [+]
External Debt 2729.48 2723.73 2729.48 361.73 KES Billion [+]
Capital Flows -5878.70 -5901.80 2284.20 -7053.50 USD Million [+]
Remittances 199073.65 244833.06 266186.58 25154.00 USD Thousand [+]
Gold Reserves 0.00 0.02 0.02 0.00 Tonnes [+]
Terms Of Trade 75.00 78.50 100.00 70.00 Index points [+]
Terrorism Index 6.11 6.17 6.66 2.56 [+]
Tourist Arrivals 98045.00 95433.00 143556.00 36970.00 [+]
Foreign Direct Investment 89928.00 43816.00 89928.00 871.00 KES Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Kenya Balance of Trade

Agricultural products are central to Kenya's export industry with horticultural and tea being the most important. Other export items include textiles, coffee, tobacco, iron and steel products, petroleum products, cement. Kenya main exports partners are UK, Netherlands, Uganda, Tanzania, United States and Pakistan. Kenya imports mostly machinery and transportation equipment, petroleum products, motor vehicles, iron and steel, resins and plastics. Kenya main import partners are India, China, UAE, South Africa, Saudi Arabia, United States and Japan. This page provides the latest reported value for - Kenya Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-90352.00 -101821.00 -2175.00 -119463.00 1998 - 2019 Million KES Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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