International Trade in Kenya

International Trade in Kenya

After weakening due to the country's political unrest in 2007-2008 and the world recession, the country's growth increased again to 4.1% in 2010 and should strenghten in 2011. The drivers of the growth are the agricultural sector (horticulture and tea), tourism and remittances from the... Read more

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Market Analyses About Kenya (152)

Import and Export Services in Kenya (413)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Kenya

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • Platinum Integrations

    Platinum Integrations

    Business Coaching, Kenya

    Platinum Integrations Ltd (Pi) is a one stop international consulting firm that assists companies that want to do business in...

Business Tips About Kenya (26)

Agents and Distributors in Kenya (23)

  • INTEC EXPORTS INDIA PVT.LTD.

    INTEC EXPORTS INDIA PVT.LTD.

    Machinery Sales and Distribution, Kenya

    An ISO certified company, 'Intec Export India Pvt. Ltd.' brings forth the best range of products. It has over the years grown...
  • hgz technologies

    hgz technologies

    Import Export Software, Kenya

    The Company provides software products, IT services and Business Process Outsourcing (BPO) for a variety of industry verticals including...

Overview About International Trade in Kenya

Economic Overview

After weakening due to the country's political unrest in 2007-2008 and the world recession, the country's growth increased again to 4.1% in 2010 and should strenghten in 2011. The drivers of the growth are the agricultural sector (horticulture and tea), tourism and remittances from the Kenyan diaspora.

Kenya and IMF have signed an accord under the Extended Credit Facility program to implement a three-year program for 2010-2013. Priority is given to investment into infrastructure and energy (geothermy), as well as to spending related to the implementation of the new Constitution. A gradual reduction of the fiscal deficit and a tighter control of the inflation are also planned. The country enjoys reasonably well developed infrastructures, an educated workforce and  a strategic geographical location, factors which favor economic growth. However corruption, poverty and inter-ethnic conflicts are the main factors that the country has to overcome.

Kenya remains a poor country, half of the population living under the poverty line and unemployment affecting probably a quarter of the population.

 

FDI in Figures

Foreign investments in Kenya are meagre and in 2008-2009 fell sh...

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