Kenya's H1 exports to African countries flat

Source: Xinhua| 2019-10-04 22:01:24|Editor: xuxin
Video PlayerClose

NAIROBI, Oct. 4 (Xinhua) -- The value of Kenya's exports to African nations that include Uganda, Tanzania, Zambia, Zimbabwe, Rwanda and Egypt remained flat in the first half of the year, new economic data shows on Friday.

The exports stagnated at 105 billion shillings (about 1.02 billion U.S. dollars) for the third half in a row pointing to stifled trade, according to the data from Central Bank of Kenya (CBK).

In the first half of 2018, the east African nation exported goods worth 1.05 billion dollars and in the second half 1.03 billion dollars, according to CBK.

Most of the exports were sold in Uganda, Tanzania, Egypt, Rwanda, Somali and the Democratic Republic of Congo, while Zambia, Zimbabwe and South Africa imported the least during the period.

Kenya mainly exports to the countries consumer products like meat and milk, an assortment of manufactured goods, fuel through the port of Mombasa, cement, steel bars, common salt and beer.

A report by the Kenyan Parliament last week showed that the east African nation is losing its industrial competitiveness in the region as nations start to produce goods previously imported from the country and imports in the continent surge.