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Monday, December 6, 2021

Tanzania Doubles Exports To Kenya

Tanzania’s exports to Kenya have risen to Ksh20.5 billion ($182.6 million). 

This according to trade experts is out of restored trade relations between the two nationa. 

According to data from the Kenya National Bureau of Statistics, exports to Kenya grew from Ksh10.8 billion ($96.2 million). 

The value of goods exported to Tanzania grew to Ksh17.8 billion ($158.6 million) from Ksh14 billion ($124.7 million).  

However, the balance of trade remained in favour of Tanzania.

The good performance mirrors relations between the two countries, orchestrated by President Samia Suluhu chosing to mend strained relations. 

During her visit to Kenya, Samia Suluhu and President Uhuru Kenyatta identified the non-tariff barriers which were then abolished.

The policy has since restored confidence among traders who then increased their trade volumes. 

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