Trade deficit narrows 4pc on reduced China imports

Cargo at the port of Mombasa. FILE PHOTO | NMG

Kenya’s trade deficit narrowed by four percent in the first quarter of the year to Sh283.73 billion from Sh296.56 billion over similar period a year ago.

Data from the Kenya National Bureau of Statistics indicate decline in both exports and imports over the review period, but imports dropped with a bigger margin.

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