Kenya’s trade deficit has for the first time crossed the Sh1 trillion mark driven by the more than doubling of food imports and machinery purchase from abroad amid sluggish exports.
The deficit — the gap between imports and exports — widened to Sh1.034 trillion in the 11 months to November, up from Sh778.04 billion in the same period in 2016, the Central Bank of Kenya (CBK) data shows.
