Kenyan exports to America under the Africa Growth Opportunities Act (Agoa) hit Sh67 billion last year, a marginal increase of 3.7 per cent from Sh64 billion recorded in the previous year. According to the latest report from the Office of the US Trade Representative, Kenya emerged the fourth exporter under Agoa, after Nigeria (Sh310 billion), South Africa (Sh200 billion) and Angola (Sh60 billion) in Africa.
“Kenya is currently our 96th largest goods trading partner with Sh110 billion in total (two way) goods trade during 2019,” said the report in part. “Goods exported totalled Sh40 billion, while those imported totalled Sh67 billion, representing a goods trade deficit of Sh27 billion in 2019.”