The value of trade between Kenya and its key business partners dropped in 2020, latest government data shows, despite growth in the country's exports. Chinese imports into the country totalled Sh361.5 billion, a slight drop from Sh376.7 billion the previous year, as the Covid-19 pandemic disrupted the global supply chain. India which is the second import source for Kenya saw the value of imports grow by 5.4 per cent to Sh188.6 billion. “The value of imports increased from Sh139.04 billion in November 2020 to Sh 161.46 billion in December 2020,” KNBS notes in its Leading Economic Indicators data. Kenya however made gains during the year as it increased its export volumes which grew 25.5 per cent in value to Sh641.2 billion.
Source: The Star February 25, 2021 00:56 UTC