NAIROBI, Jan. 7 (Xinhua) -- Kenya's exports in the third quarter of 2024 increased by 5.5 percent to 284.4 billion Kenyan shillings (about 2.19 billion U.S. dollars) compared to the same period in 2023, the country's national statistics bureau said Tuesday.
Data from the Kenya National Bureau of Statistics (KNBS) indicated that Africa continued to account for the largest share of total export earnings at 39.6 percent, despite a decline of 5.2 percent compared to the same period in 2023.
"The decline was partly on account of reduced exports to Egypt (32.6 percent), Tanzania (10.4 percent), Burundi (36.9 percent) and South Sudan (27.5 percent)," the KNBS said.
The statistics bureau noted that exports to Asia increased to 79.3 billion Kenyan shillings (about 612.8 million dollars), primarily driven by increased re-exports of kerosene-type jet fuel to the United Arab Emirates and exports of pigeon peas to India.
The KNBS said that earnings from exports to the European Union declined slightly to 38 billion Kenyan shillings (about 293.7 million dollars) from 38.8 billion Kenyan shillings (about 299.8 million dollars) in 2023, partly a result of reduced domestic exports of cut flowers.
However, the bureau said that revenue from exports to America rose by 46.8 percent to 26.2 billion Kenyan shillings (about 202.5 million dollars) compared to 2023, largely due to an increase in domestic exports of apparel and clothing accessories, as well as re-exports of kerosene-type jet fuel to the United States.
