Kenya’s goods trade deficit has widened in the early months of the year largely on the back of a recovery in orders for machinery and industrial raw materials from foreign countries, official data shows.
The deficit – an economic condition when a country imports more goods than it exports – widened to Sh525.47 billion in the first four months of the year from Sh492.55 billion a year ago, according to data collated by the Kenya National Bureau of Statistics (KNBS).
