Kafrican
JF-Expert Member
- Jan 26, 2015
- 7,251
- 7,037
burukenge
pingli-nywee
Iconoclastes
Sammuel999
Livale
cc:
Geza Ulole
Last year, Kenya imported goods valued at $200 million and re-exported goods worth $520 million. Egypt came in second, exporting goods worth $490 million and importing from other COMESA member states goods valued at $180 million. Zambia ranked third, selling goods worth $300 million and re-exporting products valued at $100 million. It however, bought an equally higher amount worth $290 million.
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Even though Kenya is the leading exporter to the United States under the African Growth Opportunity Act, AGOA, accounting for 59 percent of exports, most SMEs are not fully utilizing the preferential trade deal due to limited access to information.
Industrialization Principal Secretary Dr. Wilson Songa says capacity building will see Kenya boost the number of products currently being exported to the US as the ministry works to establish the Micro and Small Enterprise Authority as an independent body to aid SMEs.
Data from the US government indicates that in the year 2013, out of 57 billion dollars worth of goods exported to America under AGOA, Kenya was the top exporter having exported 59% of the goods.
Mauritius came second at 33%, Ethiopia had 6% and Tanzania had 2% of the products.
Kenya keen to increase number of exports - Agoa.info - African Growth and Opportunity Act
pingli-nywee
Iconoclastes
Sammuel999
Livale
cc:
Geza Ulole
Last year, Kenya imported goods valued at $200 million and re-exported goods worth $520 million. Egypt came in second, exporting goods worth $490 million and importing from other COMESA member states goods valued at $180 million. Zambia ranked third, selling goods worth $300 million and re-exporting products valued at $100 million. It however, bought an equally higher amount worth $290 million.
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Even though Kenya is the leading exporter to the United States under the African Growth Opportunity Act, AGOA, accounting for 59 percent of exports, most SMEs are not fully utilizing the preferential trade deal due to limited access to information.
Industrialization Principal Secretary Dr. Wilson Songa says capacity building will see Kenya boost the number of products currently being exported to the US as the ministry works to establish the Micro and Small Enterprise Authority as an independent body to aid SMEs.
Data from the US government indicates that in the year 2013, out of 57 billion dollars worth of goods exported to America under AGOA, Kenya was the top exporter having exported 59% of the goods.
Mauritius came second at 33%, Ethiopia had 6% and Tanzania had 2% of the products.
Kenya keen to increase number of exports - Agoa.info - African Growth and Opportunity Act