Pakistan and Netherlands bought more goods from Kenya in the first four months of the year than Uganda, the single largest destination of Kenya’s goods every year.
Uganda slid to the third position in the country’s export radar after its earnings dropped to Sh16.36 billion or nine per cent decline from last year’s Sh17.9 billion.
Uganda mainly imports steel, edible oils, cement, paper, medicines and salt from Kenya.
Pakistan has defied the continued fall in the international tea prices to stay at the top of Kenya’s exports trade for the second time in as many years, widening the gap with Uganda.
The official data indicates that the Pakistan and Netherlands bought more goods from Kenya in the first four months of the year than Uganda, the single largest destination of Kenya’s goods every year.
Kenya, which mainly exports tea to Pakistan earned Sh22.64 billion from the Asian nation between January and April, a 17 per cent growth over the Sh19.34 billion the same period last year.
Egypt, UK and Russia are Kenya’s other important tea markets. “[Overall], the quantity of tea exported decreased from 34,487.70 metric tonnes in March 2018 to 33,564.66 metric tonnes in April 2018, while its value also decreased from Sh10.47 billion to Sh9.83 billion million over the same period,” says the Kenya National Bureau of Statistics.
The Netherlands, a top market for Kenya’s cut flower has also continued to ride on the industry’s high season to generate Sh17.8 billion in export earnings, a 16 per cent growth over last year’s Sh15.36 billion.
Uganda slid to the third position in the country’s export radar after its earnings dropped to Sh16.36 billion or nine per cent decline from last year’s Sh17.9 billion.
Uganda mainly imports steel, edible oils, cement, paper, medicines and salt from Kenya.
During the four months, export to the UK also grew from Sh12.41 billion in the same period last year to Sh14.3 billion while earnings from the US shrunk to Sh12.8 billion from Sh14.18 last year.
And like Uganda, Tanzania which is also an important regional market for Kenya’s exports, generated improved earnings of Sh8.28 billion, up 31 per cent from Sh6.32 billion the same period last year
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