Kenya’s exports to EU dip amid anxious wait for key trade deal - News Summed Up

Kenya’s exports to EU dip amid anxious wait for key trade deal


Kenya’s exports to EU dip amid anxious wait for key trade dealWednesday, January 3rd, 2024 04:20 | By Herald AlooFlowers set for export. Kenya’s exports to other trade blocks, such as Eat African Community (EAC), East Asia, and the Common Market for Eastern and Southern Africa (Comesa), all recorded an increase during the period. EU accounts for about 21 per cent of Kenya’s overall exports while selling to Kenya machinery, pharmaceuticals, and other chemicals. It includes the strongest social and climate commitments of any EU trade deal with an African country,” President of the European Commission, Ursula von der Leyen, said in December. Kenya’s exports to China declined to Sh4.9 billion in the third quarter but imported goods worth a massive Sh119.7 billion from the Asian country, mainly machines.


Source: Daily Nation January 03, 2024 01:53 UTC



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