Kenya Export Revenues Decrease In Q2
Umer Jamshaid Published November 11, 2021 | 04:51 PM
Kenya's export revenues decreased to 179.5 billion shillings (about 1.59 billion U.S. dollars) in the three months to June 30 or second quarter compared to 1.69 billion dollars in the first quarter, the statistics bureau said in a report released on Wednesday evening
NAIROBI, Nov. 11 (UrduPoint / Pakistan Point News - 11th Nov, 2021 ) :Kenya's export revenues decreased to 179.5 billion shillings (about 1.59 billion U.S. dollars) in the three months to June 30 or second quarter compared to 1.69 billion Dollars in the first quarter, the statistics bureau said in a report released on Wednesday evening.
According to the Kenya National Bureau of Statistics (KNBS), Kenya's exports to the European Union and Asia decreased in the second quarter as compared to the prior quarter while exports to Africa increased.
The KNBS noted that exports to the European Union declined to 250 million dollars from 293 million dollars in the first quarter.
The data agency noted that exports to the East African Community bloc hit 396 million dollars in the period under review as compared to 386 million dollars in the first quarter.
Meanwhile, the KNBS said exports to the Common Market for Eastern and Southern Africa (COMESA) bloc rose to 569 million dollars from 482 million dollars.
The key export commodities were horticulture, and articles of apparel and clothing accessories, tea and coffee.
Recent Stories
PCB dismisses FICA's claims of unpaid dues in PSL
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 28 March 2024
Today Gold Rate in Pakistan 28 March 2024
Niger says US to submit plan to 'disengage' troops
Venezuelan opposition registers unknown poll contender after obstacles
Van Aert breaks collarbone, ribs in Flanders fall
Russian attacks kill three as Ukraine calls for more air defence
Climate change is messing with how we measure time: study
Minister discusses bilateral issues with Turkiye Ambassador
Urdu poet Safiya Shamim remembered on birth anniversary
Turbat attack martyr laid to rest with full military honours
Police break up Togo opposition event: AFP journalists
More Stories From Business
-
Pakistan earns US $419m from travel services' export in Jul-Jan
7 minutes ago -
Tokyo stocks drop on ex-dividend day
37 minutes ago -
Exchange rates for currency notes
1 hour ago -
Foreign exchange rates
1 hour ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 28 March 2024
4 hours ago -
Today Gold Rate in Pakistan 28 March 2024
4 hours ago
-
Tokyo shares sink on ex-dividend day
5 hours ago -
Stock markets mostly rise, yen hits 34-year low
14 hours ago -
Asian markets mixed as traders assess latest rally, eye data and earnings
15 hours ago -
Pak-Iran transit trade strengthening through enhanced road-rail connectivity: Ahsan Iqbal
15 hours ago -
Punjab industries minister briefed on PBTE performance
16 hours ago -
Stock markets mostly rise, yen hits 34-year low
16 hours ago