Oct 6 2023
Kenya Banks on International Marketer to Narrow Trade Deficit

Photo courtesy : The Star.
Data by KNBS shows despite the 17.4% growth in export earnings for the year ending 2022 to Sh873.1 billion, trade deficit still widened to Sh1.62 trillion. Agricultural products are central to Kenya's export industry with horticultural and tea being the most important.
The state has reiterated its plan to link more local tea, coffee and flower farmers in the country with global marketing firm, Fairtrade to up returns and boost revenue growth.