{"id":4341,"date":"2019-08-05T09:46:43","date_gmt":"2019-08-05T06:46:43","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=4341"},"modified":"2026-01-11T05:30:27","modified_gmt":"2026-01-11T05:30:27","slug":"kenyas-regional-imports-beat-exports-for-first-time","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/08\/05\/kenyas-regional-imports-beat-exports-for-first-time\/","title":{"rendered":"Kenya\u2019s Regional Imports Beat Exports For First Time"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>By Constant Munda,<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kenya has for the first\ntime bought more than she sold to African countries in the half-year period, signaling\ncontinued dwindling competitiveness of her products on the continent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trade deficit in Africa \u2014 the\ngap between imports and exports \u2014 stood at Sh156 million, marking the first\ntime Nairobi has run a deficit since the Central Bank of Kenya (CBK) started to\npublicly keep trade records in 1999.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Data from Kenya Revenue\nAuthority (KRA) show total exports in six months through June dropped 1.96\npercent to Sh107.55 billion compared with a year ago, higher than 0.99 percent\nin imports to Sh107.71 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A higher growth in imports than\nexports, economists say, denies Kenya an opportunity to create more jobs because\nlocal firms lose out market to foreign factories and traders.\n\nKenya has struggled to\nsustainably expand her exports to African countries since the turn of the\ndecade, a further analysis of the official trade statistics indicates, sign\nfactories in Nairobi have been losing their market share partly due to import\nsubstitution amid dwindling industrial competitiveness\u2026<a href=\"https:\/\/www.businessdailyafrica.com\/economy\/Kenya-s-regional-imports-beat-exports-for-first-time\/3946234-5222798-106ng6z\/index.html\">Read\nmore&gt;&gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Constant Munda, Kenya has for the first time bought more than she sold to African countries in the half-year period, signaling continued dwindling competitiveness of her products on the&hellip;<\/p>\n","protected":false},"author":3,"featured_media":4342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-4341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/4341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=4341"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/4341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/4342"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=4341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=4341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=4341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}