Kenya recorded a trade deficit of 103947 Million KES in December of 2020. source: Central Bank of Kenya

Balance of Trade in Kenya averaged -48026.68 Million KES from 1998 until 2020, reaching an all time high of -2175 Million KES in June of 1999 and a record low of -119463 Million KES in September of 2014. This page provides the latest reported value for - Kenya Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Balance of Trade in Kenya is expected to be -73000.00 Million KES by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kenya to stand at -86500.00 in 12 months time. In the long-term, the Kenya Balance of Trade is projected to trend around -86500.00 Million KES in 2022 and -103000.00 Million KES in 2023, according to our econometric models.

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Kenya Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-103947.00 -88253.00 -2175.00 -119463.00 1998 - 2020 Million KES Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-12-18 01:00 PM Sep KES -87B KES -83.6B KES -85B
2020-12-18 01:00 PM Oct KES -92.1B KES -87B KES -90B
2021-02-18 10:40 AM Nov KES -88.3B KES -92.1B KES -86B
2021-02-18 10:40 AM Dec KES -103.9B KES -88.3B KES -94B
2021-03-19 03:00 PM Jan KES -103.9B
2021-04-16 09:00 AM Feb
2021-05-28 02:00 PM Mar
2021-06-30 02:00 PM Apr

Kenya Balance of Trade
Agricultural products are central to Kenya's export industry with horticultural and tea being the most important. Other export items include textiles, coffee, tobacco, iron and steel products, petroleum products, cement. Kenya main exports partners are UK, Netherlands, Uganda, Tanzania, United States and Pakistan. Kenya imports mostly machinery and transportation equipment, petroleum products, motor vehicles, iron and steel, resins and plastics. Kenya main import partners are India, China, UAE, South Africa, Saudi Arabia, United States and Japan.