Kenyan exports dropped to a three-year low on lower tea and coffee earnings, reflecting the pain of reduced cash flow in the country’s farming community.
Total exports fell to Sh595.28 billion in the year to December from a record Sh612.88 billion a year earlier, Central Bank of Kenya (CBK) data has revealed. The dip pushed Kenya’s trade deficit – the gap between imports and exports – to a record Sh1.16 trillion from Sh1.145 trillion in 2018 despite a flat growth in imports.
