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Lower food, fuel import bills narrow trade deficit to Sh1.6trn
Trucks loaded with imported maize from Tanzania waiting to offload outside Mombasa Maize millers in Mombasa. The slowdown in the value of imports was largely driven by the reduced value of food and beverages.
The gap in the monetary value of Kenya’s imports and exports narrowed for the second year running in 2024, new official data shows, on falling expenditure on food and fuel orders from abroad.
The amount—popularly known as the trade deficit—fell marginally to Sh1.591 trillion from Sh1.595 trillion the previous year, marking a 0.26 percent change, according to data newly published by the Kenya National Bureau of Statistics.
