Kenya’s trade in EAC up despite tensions

Kenya’s trade with the six-nation East African Community improved by 57.7 percent in the first quarter compared to a similar period last year despite the long-standing trade tension with some of the member states. FILE PHOTO | NMG

Kenya’s trade with the six-nation East African Community improved by 57.7 percent in the first quarter compared to a similar period last year despite the long-standing trade tension with some of the member states.

The Kenya National Bureau of Statistics (KNBS) data shows that balance of payments — net exports less net imports — with Burundi, Rwanda, Tanzania, Uganda and South Sudan rose to Sh30.86 billion in the three months to March from Sh19.67 billion in a similar period in 2019.

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Note: The results are not exact but very close to the actual.