Costly fuel pushes Kenya near record Sh1trn trade deficit

The Central Bank of Kenya(CBK) Governor Dr Kamau Thugge during an interview at his office along Haile Selassie Avenue, Nairobi on June 21, 2024.

Photo credit: File | Nation Media Group

Kenya’s trade deficit in goods climbed towards a record Sh1 trillion mark in the first six months of 2026, after an increase in the cost fuel imports widened the gap between export earnings and the import bill.

The gap between exports and imports widened by 27.3 percent to Sh998.2 billion in the six months to June 2026, from Sh783.9 billion in the corresponding period last year, the Kenya National Bureau of Statistics says.

PAYE Tax Calculator

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