{"id":15876,"date":"2020-10-13T20:16:51","date_gmt":"2020-10-13T20:16:51","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=15876"},"modified":"2020-10-13T20:16:51","modified_gmt":"2020-10-13T20:16:51","slug":"kenyan-imports-down-sh140-billion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion","title":{"rendered":"Kenyan imports down Sh140 billion"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong> Kenyan imports fell by Sh140billion in the first eight months of the year as the global outbreak of the COVID-19\u00a0pandemic disrupted supply chains\u00a0and trade with bilateral partners.<\/p>\n

Data from the latest Kenya National Bureau of Statistics, KNBS economic figures indicate the total value of goods\u00a0imported\u00a0to the country between January and August this year stood at Sh669 billion,\u00a0down\u00a0from Sh809 billion reported over a similar period last year.<\/p>\n

According to the figures,\u00a0imports\u00a0from most leading trade partners were significantly lower this year particularly between April and August when\u00a0global lockdowns restricted production and demand of fast moving goods.<\/p>\n

Imports\u00a0from the United Arab Emirates, UAE, fell by more than half, from Sh110 billion reported in the first eight months of last year to Sh51 billion reported this year.<\/p>\n

Saudia Arabia similarly reported a drastic reduction in imports to Kenya from Sh88billion last year to Sh45billion this year as demand for petroleum and petroleum products took a hit following the economic slowdown.<\/p>\n

China remains the largest source of\u00a0imports, with Sh227 billion worth of goods sent into Kenya between January and August this year compared to Sh232 billion last year.<\/p>\n

\u201cImports\u00a0by broad economic activity indicate that non-food industrial supplies was the main\u00a0import\u00a0category in August 2020 with a share of 33.08 per cent,\u201d explains the KNBS in its report.<\/p>\n

\u201cMachinery and other capital equipment, fuel and lubricants, and transport equipment constituted 18.72, 14.58 and 13.79, per cent of the total value of\u00a0imports, respectively.\u201d<\/p>\n

Foods and beverages accounted for 7.19 per cent of the total\u00a0imports\u00a0in August 2020.<\/p>\n

Kenya\u2019s exports\u00a0on the other hand recorded a five per cent increase, with exports to the top eleven countries standing at Sh239billion as at August 2020 compared to Sh226 billion recorded over a similar period last year.<\/p>\n

Pakistan emerged the top destination for\u00a0Kenyan\u00a0exports with Sh37.5 billion worth of goods sent to the country in the first eight months of the year, up from Sh29 billion last year.<\/p>\n

This is attributable to the improved performance of Kenya\u2019s tea exports in the\u00a0international market,\u00a0even as both yields and prices fell marginally compared to last year.<\/p>\n

\u201cThe quantity of produced tea decreased from 46,377 MT in June 2020 to 36,554 MT in July 2020,\u201d explained the KNBS in its report. \u201cThe price of processed tea dropped from Sh197.62 per kilogram in June 2020 to Sh194.15 per kilogram in July 2020.”<\/p>\n

Exports to Uganda ranked second at Sh36.6 billion, a marginal increase from Sh34 billion recorded last year, while the UK emerged third at Sh33.1 billion<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya: Kenyan imports fell by Sh140billion in the first eight months of the year as the global outbreak of the COVID-19\u00a0pandemic disrupted supply chains\u00a0and trade with bilateral partners. Data from the latest Kenya National Bureau of Statistics, KNBS economic figures indicate the total value of goods\u00a0imported\u00a0to the country between January and August this year stood […]<\/p>\n","protected":false},"author":84,"featured_media":15873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[5601,3539,1617,2386,644],"class_list":["post-15876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-export","tag-imports","tag-knbs","tag-lockdown","tag-tea"],"yoast_head":"\nKenyan imports down Sh140 billion - kenya<\/title>\n<meta name=\"description\" content=\"Kenyan imports fell by Sh140billion in the first eight months of the year as the global outbreak of the COVID-19\u00a0pandemic disrupted supply\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenyan imports down Sh140 billion\" \/>\n<meta property=\"og:description\" content=\"Kenyan imports fell by Sh140billion in the first eight months of the year as the global outbreak of the COVID-19\u00a0pandemic disrupted supply\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-13T20:16:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/kenyan_imports_down_5f854c41badec.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kenyan imports down Sh140 billion\",\"datePublished\":\"2020-10-13T20:16:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion\"},\"wordCount\":428,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/10\/kenyan_imports_down_5f854c41badec.jpg\",\"keywords\":[\"Export\",\"Imports\",\"KNBS\",\"Lockdown\",\"Tea\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenyan-imports-down-sh140-billion\",\"name\":\"Kenyan imports down Sh140 billion - 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