丝袜脚交免费网站xx-国产91丝袜在线播放-国产视频一区二区三区在线观看-午夜美女视频-午夜爽爽视频-制服丝袜先锋影音-天天躁日日躁狠狠躁喷水-日韩综合一区二区三区-99思思-日本体内she精视频-欧美精品免费播放-日韩欧美国产不卡-一级在线免费观看视频-韩国午夜理伦三级在线观看按摩房-伦乱激情视频

Africa  

Kenya's trade deficit worsens in 2017 as exports grow slower

Source: Xinhua   2018-02-20 23:54:57

NAIROBI, Feb. 20 (Xinhua) -- Kenya's total exports grew slower in 2017 as the value of imports surged on industrial supplies and machinery goods, widening the country's trade imbalance.

Latest economic data received Tuesday indicated that the east African nation's exports rose 3 percent last year to around 5.89 billion U.S. dollars, from 5.72 billion dollars in 2016.

On the other hand, imports accelerated 20.5 percent to stand at 17.1 billion dollars in 2017, from 14.2 billion dollars in 2016, Kenya National Bureau of Statistics (KNBS) data showed.

Kenya's main exports during the period are listed as food and beverages (coffee, tea, cut flowers and horticulture produce) and consumer goods, while imports were mainly industrial supplies (non-food), fuel and lubricants, and machinery.

The main destinations of exports were Pakistan, Britain, Netherlands and Uganda, while imports mainly came from China, India and the United Arab Emirates.

Kenya's imports have been on the rise steadily since 2014 when it started major infrastructure projects that include the standard gauge railway.

Others include the Lamu Port Project at the Coast, expansion of various local and international airports, including Jomo Kenyatta, and the rehabilitation of key roads.

In the energy sector, exploration of oil and coal is taking place in Turkana and Kitui respectively. Several electricity generation projects are also ongoing. All these projects require heavy machinery.

The oil import bill had largely remained low in 2016 but was seen rising in the second half of 2017 as prices started to rise in the global market.

Pakistan emerged as the top destination of Kenyan exports in 2017, beating Uganda, which for years was at the helm.

According to a recent World Bank report, Uganda and Tanzania are losing out as top destinations of Kenya's goods due to cheap imports in the region, mainly from Asia.

Analysts noted that Kenya's trade imbalance would continue, especially as the country loses traditional trading partners like Uganda and Tanzania.

Editor: Mu Xuequan
Related News
Home >> Africa            
Xinhuanet

Kenya's trade deficit worsens in 2017 as exports grow slower

Source: Xinhua 2018-02-20 23:54:57

NAIROBI, Feb. 20 (Xinhua) -- Kenya's total exports grew slower in 2017 as the value of imports surged on industrial supplies and machinery goods, widening the country's trade imbalance.

Latest economic data received Tuesday indicated that the east African nation's exports rose 3 percent last year to around 5.89 billion U.S. dollars, from 5.72 billion dollars in 2016.

On the other hand, imports accelerated 20.5 percent to stand at 17.1 billion dollars in 2017, from 14.2 billion dollars in 2016, Kenya National Bureau of Statistics (KNBS) data showed.

Kenya's main exports during the period are listed as food and beverages (coffee, tea, cut flowers and horticulture produce) and consumer goods, while imports were mainly industrial supplies (non-food), fuel and lubricants, and machinery.

The main destinations of exports were Pakistan, Britain, Netherlands and Uganda, while imports mainly came from China, India and the United Arab Emirates.

Kenya's imports have been on the rise steadily since 2014 when it started major infrastructure projects that include the standard gauge railway.

Others include the Lamu Port Project at the Coast, expansion of various local and international airports, including Jomo Kenyatta, and the rehabilitation of key roads.

In the energy sector, exploration of oil and coal is taking place in Turkana and Kitui respectively. Several electricity generation projects are also ongoing. All these projects require heavy machinery.

The oil import bill had largely remained low in 2016 but was seen rising in the second half of 2017 as prices started to rise in the global market.

Pakistan emerged as the top destination of Kenyan exports in 2017, beating Uganda, which for years was at the helm.

According to a recent World Bank report, Uganda and Tanzania are losing out as top destinations of Kenya's goods due to cheap imports in the region, mainly from Asia.

Analysts noted that Kenya's trade imbalance would continue, especially as the country loses traditional trading partners like Uganda and Tanzania.

[Editor: huaxia]
010020070750000000000000011105091369876141