Kenya’s trade deficit jumped to Sh101.6 billion in April

Capital Business

Business / Capital Business 75 Views comments

China remains Kenya’s largest source of imports for machinery and transport equipment, accounting for Sh291.8 billion/FILE NAIROBI, Kenya, Aug 5 – Kenya’s reliance on imported products from international markets continues with Capital Markets Authority noting a jump in trade deficit to Sh101.6 billion in April 2019 from Sh100 billion in the same month a year ago. Exports advanced by 0.5 percent to Sh43.4 million while imports increased by 0.2 percent to Sh150.4 billion. There were higher sales of chemicals at 6.4 percent, fish 54.9...