Valuable Insights of the Import Market of Kenya in 2024

Being one of the largest economies in East Africa; Kenya still ranks as a top import trade destination worldwide because of its divergent consumer acquisitions in the modern days. The strong consumer base and the effective pricing strategies adopted by the trade firms solidified the country’s position in the global import market, enhancing the trade position of the nation as a leading trade hub for global leaders worldwide. Kenya Export Data says the projected growth rate of an annual 6.5% increase in the CAGR is expected to grow by a certain rate in 2024. The several attributing factors that work together for the betterment of the transportation infrastructure for facilitating the worldwide imports towards Kenya promoted the pivotal growth of the GDP value.

The growing domestic acquisitions fostered the production units spread on the central areas of Kenya which have recorded an annual import trade value of 24 billion US dollars in 2024. Import Globals with its Kenya Trade Data highlights the regional shipments of foreign investors towards the management strategies adopted by trade firms for a proper visualization of the trend strategies that help in receiving utmost growth in the global import market.

TOP 10 IMPORTS OF KENYA IN 2024

The implementation of tariff rates over different foreign imported goods fostered the trade rate by building up the trust of the suppliers towards pricing strategies. As per the Kenya Import Data, the top 10 imports of Kenya in 2024 are,

  1. Refined Petroleum — Import trade value of Refined Petroleum in Kenya 2024–7 billion US dollars
  2. Cars- Import trade value of Cars in Kenya 2024–4 billion US dollars
  3. Packaged Medicaments- Import trade value of Packaged Medicaments in Kenya 2024–2.8 billion US dollars
  4. Wheat- Import trade value of Wheat in Kenya 2024–1.7 billion US dollars
  5. Palm Oil — Import trade value of Palm Oil in Kenya 2024–1.2 billion US dollars
  6. Rice- Import trade value of Rice in Kenya 2024–756 million US dollars
  7. Broadcasting Equipment — Import trade value of Broadcasting Equipment in Kenya 2024–654 million US dollars
  8. Sugar- Import trade value of Sugar in Kenya 2024–478 million US dollars
  9. Corn- Import trade value of Corn in Kenya 2024–352 million US dollars
  10. Packaged Medicaments- Import trade value of Packaged Medicaments in Kenya 2024–287 million US dollars

TOP 10 IMPORT TRADE PARTNERS OF KENYA IN 2024

The heavy reliance of the trade firms on foreign investors has fostered the annual import valuation by a tremendous rate. As per the Kenya Customs Data, the top 10 import trade partners of the nation in 2024 are,

  • China — The total valuation of the goods imported in Kenya from China in 2024–6.7 billion US dollars

Top imported goods in Kenya

· Petroleum products

· Industrial machinery

· Mechanical equipment

· Electrical goods

· Textiles

  • India- The total valuation of the goods imported in Kenya from India in 2024–4.2 billion US dollars

Top imported goods in Kenya

· Fabrics

· Beverages

· Iron and steel

· Plastic articles

· Crochet materials

  • United Arab Emirates- The total valuation of the goods imported in Kenya from the United Arab Emirates in 2024–2.1 billion US dollars

Top imported goods in Kenya

· Textiles

· Plastic

· Automotive goods

· Beverages

· Electrical machinery

  • Saudi Arabia- The total valuation of the goods imported in Kenya from Saudi Arabia in 2024–678 million US dollars

Top imported goods in Kenya

· Machinery

· Organic chemicals

· Transportation commodities

· Staple fibers

· Plastics

  • Japan- The total valuation of the goods imported in Kenya from Japan in 2024–544 million US dollars

Top imported goods in Kenya

· Organic chemicals

· Textiles

· Beverages

· Iron and steel

· Plastics

  • South Africa- The total valuation of the goods imported in Kenya from South Africa in 2024–478 million US dollars

Top imported goods in Kenya

· Metallic goods

· Textiles

· Staple fibers

· Iron and steel articles

· Organic chemicals

  • Canada- The total valuation of the goods imported in Kenya from Canada in 2024–342 million US dollars

Top imported goods in Kenya

· Motor vehicles

· Electronics

· Cereals

· Medical equipment

· Glass and glassware

  • Germany- The total valuation of the goods imported in Kenya from Germany in 2024–278 million US dollars

Top imported goods in Kenya

· Aircraft and spacecraft

· Ships and boats

· Optical instruments

· Footwear

· Ceramic products

  • United Kingdom- The total valuation of the goods imported in Kenya from the United Kingdom in 2024–176 million US dollars

Top imported goods in Kenya

  • Textiles
  • Organic chemicals
  • Cereals
  • Coffee
  • Tea
  • Netherlands- The total valuation of the goods imported in Kenya from the Netherlands in 2024–145 million US dollars

Top imported goods in Kenya

· Spices

· Vegetable

· Fruits

· Textiles

- Mineral fuels

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