Tanzania Exports goods worth Ksh20 bn to Kenya in 6 months

Tanzania’s President Suluhu visits President Uhuru Kenyatta at the statehouse [photo: The Star]

Kenya has imported goods worth 20.5 billion Kenyan shillings in the first half of the year, as better trade relations continue to be witnessed between the two neighboring countries.

According to data from the Kenya National Bureau of Statistics (KNBS) it indicates that imports from Tanzania has grown from 10.8 billion shillings in the corresponding period ended last year.

The value of the goods exported to Tanzania also grew from 14 billion shillings to17.8 billion shillings. This however depicts favor of trade to Tanzania.

Kenya and Tanzania have mended their previous trade related issues and disputes to achieve better flow of goods.

Since the takeover President Suluhu Hassan, from the late President Pombe Magufuli, the two countries have improved their trade relations with most of the non-tariff barriers being abolished.

The neighboring countries Presidents Ms. Suluhu and Uhuru Kenyatta, in early May pledged to end persistent strained trade relations between the two largest economies in the six-nation EAC bloc which have, for years, hindered the smooth flow of goods and services.

Leave a Comment

Your email address will not be published. Required fields are marked *