Overview In 2022, Kenya was the number 66 economy in the world in terms of GDP (current US$), the number 115 in total exports, the number 80 in total imports, the number 148 economy in terms of GDP per capita (current US$) and the number 84 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Kenya are Tea ($1.39B), Cut Flowers ($665M), Coffee ($341M), Titanium Ore ($290M), and Tropical Fruits ($227M), exporting mostly to United States ($722M), Uganda ($677M), Pakistan ($541M), Netherlands ($502M), and Rwanda ($439M).
Imports The top imports of Kenya are Refined Petroleum ($5.41B), Palm Oil ($1.28B), Wheat ($576M), Packaged Medicaments ($524M), and Cars ($523M), importing mostly from China ($6.55B), United Arab Emirates ($3.6B), India ($2.72B), Malaysia ($1.1B), and Saudi Arabia ($929M).
Location Kenya borders Ethiopia, Somalia, South Sudan, Tanzania, and Uganda by land.
FAQs
Overview In 2022, Kenya was the number 66 economy in the world in terms of GDP (current US$), the number 115 in total exports, the number 80 in total imports, the number 148 economy in terms of GDP per capita (current US$) and the number 84 most complex economy according to the Economic Complexity Index (ECI) .
What is Kenya's main imports and exports? ›
Of the top 10 exports from Kenya, 6 are agricultural products including tea, roses, coffee, cut flowers, palm oil and nuts. Tea was the leading export commodity with a value of Ksh 42.09 billion, fol- lowed by fresh roses and jet fuel.
What does the USA import from Kenya? ›
Trade and Investment Statistics
Top U.S. imports from Kenya in 2019: apparel ($454 million), edible fruit & nuts (mostly nuts) ($55 million), titanium ores and concentrates ($52 million), and coffee ($34 million). U.S. foreign direct investment (stock) in Kenya stood at $405 million in 2017 (latest data available).
How is the US economy compared to Kenya? ›
Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Kenya ranked 84 in the Economic Complexity Index (ECI -0.49), and 115 in total exports ($7.34B).
What is the economic complexity of Kenya? ›
Overview In 2022, Kenya was the number 66 economy in the world in terms of GDP (current US$), the number 115 in total exports, the number 80 in total imports, the number 148 economy in terms of GDP per capita (current US$) and the number 84 most complex economy according to the Economic Complexity Index (ECI) .
What is Kenya's biggest import? ›
Kenya's main exports are horticultural products, tea, coffee, fish and cement. Its main imports are machinery, transport equipment, petroleum, iron, steel, resins and plastics. Kenya is the largest importer of used motor vehicles in Africa.
What is Kenya's top 5 exports? ›
Agricultural products are central to Kenya's export industry with horticultural and tea being the most important. Other export items include textiles, coffee, tobacco, iron and steel products, petroleum products, cement. Kenya main exports partners are UK, Netherlands, Uganda, Tanzania, United States and Pakistan.
What are Kenya's 3 top imports? ›
Kenya's Top 10 Imports
- Mineral fuels including oil: US$5.6 billion (26.5% of total imports)
- Machinery including computers: $1.4 billion (6.7%)
- Iron, steel: $1.24 billion (5.9%)
- Cereals: $1.2 billion (5.7%)
- Animal/vegetable fats, oils, waxes: $1.16 billion (5.5%)
- Electrical machinery, equipment: $1.08 billion (5.1%)
More than half of Kenyan exports to the US are comprised of clothing, macadamia, coffee, titanium ores and concentrates, and black tea. Three-quarters of US-bound exports benefit from duty-free access to the US under the African Growth and Opportunity Act (AGOA).
What is Kenya's main source of income? ›
Agricultural sector is not only the driver of Kenya's economy but also the means of livelihood for the majority of Kenyan people. The sector comprises of crop production (industrial & food crops), horticulture, livestock, fisheries and forestry.
U.S.-KENYA RELATIONS
Longstanding mutual interests in the region and wide-ranging cooperation on economic and security issues underpin a strong bilateral relationship. Kenya has East Africa's most dynamic economy and is a growing regional business and financial hub.
What is Kenya #1 export? ›
Horticulture and tea are Kenya's leading exporting items. In 2022, the country earned over 163 billion Kenyan shillings (KSh), approximately 1.6 billion U.S. dollars, with tea products exports. Horticulture exports generated nearly 131 billion KSh (1.1 billion U.S. dollars).
Is Kenya a rich or poor country? ›
Social inequality and poverty
Kenya is a Upper-middle income country with inequality in wealth distribution, poverty level and human rights aspects. Kenya's inequality is reflected by share of income and social services varying among different segments of the population.
What are the problems facing Kenya? ›
However, its key development challenges still include poverty, inequality, youth unemployment, transparency and accountability, climate change, continued weak private sector investment, and the vulnerability of the economy to internal and external shocks.
What is the poverty rate in Kenya? ›
According to a United Nations Development Program report, approximately 36% of Kenyans live below the national poverty line. This means that millions of people struggle to afford even one meal a day, leading to malnutrition and adverse health conditions.
What are Kenya's main exports? ›
Agricultural products are central to Kenya's export industry with horticultural and tea being the most important. Other export items include textiles, coffee, tobacco, iron and steel products, petroleum products, cement.
Does Kenya import or export more? ›
Total Trade
| Total Exports (2021) | $6,751,366,221 |
|---|
| Total Imports (2021) | $19,594,117,729 |
| Trade Balance (2021) | ($12,842,751,508) |
| Exports of goods and services (% of GDP) (2022) | 12.22% |
| Imports of goods and services (% of GDP) (2022) | 21.51% |
What Are the Major U.S. Imports?
- Machinery (including computers and hardware) – $386.4 billion.
- Electrical machinery – $367.1 billion.
- Vehicles and automobiles – $306.7 billion.
- Minerals, fuels, and oil – $241.4 billion.
- Pharmaceuticals – $116.3 billion.
- Medical equipment and supplies – $93.4 billion.
In 2022, the total value of imports into Kenya increased to approximately 2.5 trillion Kenyan shillings (KSh) (nearly 15.4 billion U.S. dollars). This presents an increase of close to 18 percent from the previous year, with the fuels and lubricants category contributing a large and significant portion.
