Kenya’s exports to region dip 15pc
By PETERSON THIONG’O
The East African (Posted Saturday, August 10 2013 at 09:19)
In Summary
- New data from the Kenya National Bureau of Statistics (KNBS) show the country exported goods worth Ksh48 billion ($551 million) to Tanzania, Uganda and Rwanda in the five months to May, compared with exports of Ksh41.8 billion ($480 million) in the same period last year.
- The drop was attributed to unfriendly tax regimes and a growing preference among traders for the Dar es Salaam port.
Kenya’s exports to the East African Community fell by 15 per cent in the first five months of the year.
The drop was attributed to unfriendly tax regimes and a growing preference among traders for the Dar es Salaam port.
New data from the Kenya National Bureau of Statistics (KNBS) show the country exported goods worth Ksh48 billion ($551 million) to Tanzania, Uganda and Rwanda in the five months to May, compared with exports of Ksh41.8 billion ($480 million) in the same period last year.
The country’s exports to Uganda, Tanzania and Rwanda stood at Ksh23.36 billion ($271 million), Ksh13.53 billion ($155.55 million) and Ksh5.81 billion ($66.78 million) respectively.
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