Capital goods imports rebound widen trade deficit

Offloading of Cargo in one of the Vessels that docked at the Port of Mombasa on March 06, 2024. 

Photo credit: File | Kevin Odit | Nation Media Group

Rebound in importation of machinery and transportation equipment, including railway locomotives, helped reverse Kenya’s narrowing trade goods deficit in the first half of the year, official data shows.

Data collated by the Kenya National Bureau of Statistics (KNBS) shows the deficit widened a marginal 1.22 percent to Sh765.02 billion in the six months to June.

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