Public Management

USA becomes the leading destination for Kenya’s exports

USA becomes the leading destination for Kenya’s exports
Monday, 07 January 2019 20:31

Kenya’s exports to the USA reached a record level during Q3, 2018. According to Business Daily Africa, which cites Kenya’s National Bureau of Statistics, the country exported products valued at Ksh14.23 billion to the USA during the period under review. This represents a rise by Ksh1.12 billion on a year to year basis and by Ksh1.77 billion compared to the value of products exported during Q2, 2018.

For the USA, this rise also shows the success of the politics of the current president who favors bilateral exchanges over multilateral relations since this performance is achieved following the commercial agreement reached by the two countries in late June 2018.

The exports were spurred by the textiles, which was the cause of disputes between Washington and East African countries in 2018. That year, Tanzania, Kenya, Rwanda and Uganda stood against the imports of second-hand clothes from the USA. They expressed their will to end this trade to develop their local clothing industry. In view of the sanction threats brandished by the USA, all of these countries retracted except Rwanda which paid the price.

Let’s note that the USA is now the leading destination for Kenya’s exports, ahead of Pakistan.

Aaron AKINOCHO

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
04

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.