Kenya's Trade Imbalance Persists Despite Projected Export Growth

Kenya's trade imbalance remains a persistent economic challenge, with heavy reliance on imported goods despite projected growth in exports.

By 2035, exports are expected to reach $20 billion annually but Kenya will still rely on imports over the next 12 years.

Kenya continues to spend more on imports than it earns from exports, though recent data shows some improvements in reducing the trade deficit.

Top exports are agricultural products like tea and horticulture, but growth is insufficient to offset rising import costs.

Government aims to expand manufacturing through special economic zones to enhance exports and industrial development.