Kenya trade deficit falls 12.5pc on export earnings

A worker loading tea for auction and export. 

Photo credit: File | Nation Media Group

Kenya’s trade deficit narrowed by 12.5 percent in the third quarter to September compared to a similar quarter in 2022 after the country’s export earnings rose sharply.

Data released by the Kenya National Bureau of Statistics (KNBS) shows Kenya’s trade deficit declined to Sh379.2 billion during the quarter from Sh433.8 billion in the third quarter of 2022.

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