Standard gauge railway Mombasa to Kigali e1503415237116

Detalhes da empresa

Nenhum dado foi encontrado

China overtakes India as largest exporter to Kenya

By the end of the year, China’s exports into Kenya could exceed the USD 4 billion mark.

The Kenya National Bureau of Statistics (KNBS) has revealed that by the end of the year, China could exceed USD 4 billion worth of exports into the country. If the Asian manufacturing giant accomplishes this feat, it would overtake India as the largest importer into Kenya.

According to the state statistician, China’s assistance on the infrastructure front has played a major role in securing a market for its goods in the African country. A large part has to do with the construction of the Standard Gauge Railway project, which will see a line from Mombasa to Kigali fully operationally by 2018.

KNBS attributed approximately 40 percent of Kenya’s total imports from China in 2016/17 to the construction material used in the project. Steel and railway equipment that were specifically shipped in for the project, were also factored into the export figures.

Meanwhile, newly re-elected President Uhuru Kenyatta, has continued to pressure China to keep the trade relationship between both countries fair. According to KNBS, in 2016, Kenya’s exports to China amounted to under USD100 million – a blip on the trade scale when compared to China’s USD 3.8 billion in exports over the same period.

Speaking to the Financial Times in May, President Kenyatta said: “As with any country, the trade deficit is an issue of concern and we will be pushing to see how we can increase opportunities for Kenyan goods to penetrate the Chinese market.”

In 2013, China revealed its Belt and Road Initiative — a development strategy that focuses on connectivity and cooperation between itself, Europe and Africa. The strategy is underscored by China’s desire to elevate its global manufacturing capacity, among other goals.

pt_PTPortuguese

Países membros

Explore our member firms by country

Argélia
Angola
Botsuana
Burkina Faso
Camarões
RDC
Egito
Guiné Equatorial
Eswatini
Etiópia
Gana
Guiné Conacri
Costa do Marfim
Quênia
Lesoto
Malawi
Mali
Maurício
Marrocos
Moçambique
Namíbia
Nigéria
Ruanda
Senegal
África do Sul
Tanzânia
Tunísia
Uganda
Zâmbia
Zimbábue

O que nós fazemos

Explore nossa gama de conhecimentos e veja como podemos ajudá-lo.
Banca e Finanças, Fundos de Investimento e Private Equity
Crimes e Investigações Empresariais
Concorrência/Antitruste
Engenharia de Construção
Fusões e Aquisições Corporativas
Direito Cibernético, Blockchain e Tecnologia
Resolução de disputas
Direito Empresarial Geral
Saúde e Ciências da Vida
Infraestrutura, Energia e Projetos
Insolvência e Reestruturação de Negócios
Propriedade intelectual
Trabalho e Emprego
Leis de Investimento Local e Indigenização
Mídia, Radiodifusão e Comunicações
Mineração, Meio Ambiente e Recursos
Direito Imobiliário e Imobiliário
Imposto

Meios de comunicação

Explore our news articles, specialist publications and browse through our webinars and gallery