Exports to China, India stay flat despite charm offensive

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A cargo ship arrives at the Mombasa port. FILE PHOTO | NMG

The share of Kenya’s exports to China and India has remained largely flat despite a strategic shift three years ago to woo more buyers in the key markets.

Kenya’s earnings from exports to the two giant markets amounted to Sh22.77 billion last year, an equivalent of 3.48 per cent of Sh654.31 billion ($6.035 million) total sales abroad, according to trade data Kenya Revenue Authority (KRA) shared with the Central Bank of Kenya (CBK).

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