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UAE loses Sh61bn in Kenya exports after Iran war
A vessel offloads fuel at the Kipevu Oil Terminal. Kenya’s imports from the UAE fell 35.1 percent to Sh115.9 billion in the six months to June, from Sh178.7 billion a year earlier.
The United Arab Emirates (UAE) lost Sh62.7 billion worth of Kenya’s import business in the first half of the year, as the Iran war disrupted Middle East fuel supply chains.
The collapse pushed the UAE from Kenya’s second-largest source of imports to fourth, as Saudi Arabia emerged as a major beneficiary of the disruption while India moved into second place.
