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Kenya continues to build upon its relationship with its fellow African countries, as its trade grows stronger. Intra-continental trade between Kenya and fellow African states increased by 26% in the first seven months of 2024.
There was a high demand for Kenyan exports to South Africa, DR Congo, Uganda, Tanzania, and Rwanda. Kenya’s top exports include oil, lubricants, tea, coffee, livestock, vegetable fats, clinker, and wheat flour. This growth was driven by strengthened bilateral agreements and increased shipments, according to the economic report from the Central Bank released on Monday. The report showed that exports increased from USD 1.53 billion in 2023 to USD 1.93 billion US dollars during the same period. The majority of the East African country’s exports, according to the bank, were with South Africa, the Democratic Republic of the Congo (DR Congo), Uganda, Tanzania, and Rwanda.
Transported products from Kenya which are valued at USD 599.2 million to Uganda, USD 287.8 million to Tanzania, USD 185.4 million to Rwanda, and USD 139.7 million to the Democratic Republic of the Congo, the bank said.
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Kenya alongside Tanzania, which continues to speak on the removal of trade barriers within Africa, has taken the initiative to deepen its bilateral connections with other African nations, such as Ethiopia, Ghana, Tanzania, South Africa, Rwanda, and Egypt.
