Kenya Import Data

Kenya Import Data

Kenya is a country located in East Africa and is known for its diverse wildlife, beautiful landscapes, and rich culture. In recent years, Kenya has also made significant strides in its economy and trade industry. As of 2022, Kenya ranks as the 93rd largest importer in the world. This reflects a steady increase from previous years, showcasing Kenya's growing demand for imported goods.

Kenya's population stands at approximately 56 million people. With a large and growing population, there is an increasing need for various goods and services in the country. This has led to an increase in imports to meet the demands of the Kenyan market.

The Gross Domestic Product (GDP) measures the overall economic performance of a country. As of 2020, Kenya's GDP was estimated at $98 billion with an annual growth rate of about 5%. With such economic growth projections, it is expected that there will be a continuous increase in imports to support various industries within the country.

 

In terms of importing products, machinery and transport equipment make up for over one-third of total imports into Kenya. Other top imported products include mineral fuels and oils, vehicles and parts, electrical machinery and equipment, iron and steel products among others. These imported goods are essential for sustaining different sectors like manufacturing, energy production and transportation in the Kenyan economy.

China remains Kenya's top import partner followed by India and Japan respectively. The United States also features prominently as a major trading partner with Kenya due to their strong business ties spanning across different industries. Other key trading partners include Germany, the United Arab Emirates and Saudi Arabia.

Kenya Import Customs Trade Data Shows Top 10 Importing Products In 2022 – Analysis By Chapter

  • 26% (5.59 billion US dollar) HS CODE: 27 - Fuels, oils and products of their distillation; bituminous substances; mineral waxes
  • 6.73% (1.42 billion USdollar) HS CODE: 84 - Reactors, boilers, machinery, and mechanical appliances; their parts
  • 5.86% (1.23 billion US dollar) HS CODE: 72 –Steel and Iron
  • 5.69% (1.2 billion USdollar) HS CODE: 10 - Cereals
  • 5.47% (1.15 billion USdollar) HS CODE: 15 - The cleavage products of animal, vegetable, and microbial fats and oils; prepared edible fats; animal and vegetable waxes
  • 5.11% (1.07 billion USdollar) HS CODE: 85 -A variety of electrical equipment and parts thereof, sound recorders and reproducers, television image and sound recorders and reproducers, and their parts and accessories
  • 5% (1.05 billion USdollar) HS CODE: 87 - Parts and accessories for vehicles other than railway or tramway rolling stock
  • 4.6% (971 million USdollar) HS CODE: 39 - Articles made from plastics
  • 3.59% (758 million USdollar) HS CODE: 30 - Pharmaceutical products
  • 2.31% (488 million USdollar) HS CODE: 48 - Articles made from pulp, paper, or paperboard

Kenya Import Global Trade Data Shows Top 10
Trading Partners
of Kenya

  • With a share of 18.2% (3.84 billion US$), China dominates
  • With a share of 16.3% (3.45 billion US$), United Arab Emirates dominates
  • With a share of 10% (2.12 billion US$), India dominates
  • With a share of 4.9% (1.03 billion US$), Saudi Arabia dominates
  • With a share of 4.84% (1.02 billion US$), Malaysia dominates
  • With a share of 3.92% (829 million US$), Japan dominates
  • With a share of 3.84% (812 million US$), USA dominates
  • With a share of 2.45% (518 million US$), South Africa dominates
  • With a share of 2.14% (452 million US$), Tanzania dominates
  • With a share of 2.01% (426 million US$), Korea dominates

Kenya Import Data Sample

HOW IMPORT GLOBALS KENYA IMPORT DATA IS BENEFICIAL FOR BUSINESS GROWTH

Kenya is a country that heavily relies on imports to meet its domestic demands. In the year 2020, Kenya's total imports amounted to $16.9 billion USD, making it the 96th largest importer in the world (according to World Bank data). With such a significant amount of imports, it is essential for businesses and policymakers to have access to accurate and detailed import data. This is where Import Globals comes in with our Kenya import data services.

Our team at Import Globals collects import data directly from custom shipping bill documents. These documents provide comprehensive information about each imported shipment, including exporter and importer company names, HS code, product description, value, quantity, country of origin, and destination. By utilizing these documents as our primary source of information, we ensure accuracy and reliability in our Kenya import data.

One crucial aspect of our Kenya import data is the inclusion of HS codes. HS codes (Harmonized System Codes) are an internationally recognized coding system used for classifying traded products. Every product imported into Kenya has a unique HS code assigned to it by customs authorities based on its characteristics and intended use. With this information available in our database, businesses can easily track their competitors' trade activities or identify potential new suppliers.

Another crucial element included in our Kenya import shipment data is the product description. We strive to provide detailed descriptions of all imported goods along with their corresponding HS codes. This allows users to search for specific products or categories within their industry and gain insights into market trends and demand patterns.

In addition to product details, Kenya import trade data also include the value and quantity of each imported shipment in our database. This information can help businesses analyze pricing strategies or identify potential cost-saving opportunities by comparing prices from different suppliers.

Country of origin and destination are also significant factors in understanding Kenya Import Global trade dynamics between countries. By providing this information along with other details such as exporter/importer names, we paint a complete picture of trade relationships between Kenya and other countries worldwide.

entering a new market can be a daunting task, especially when it comes to understanding the country's import trends and regulations. This is where Kenya import data provided by Import Globals comes in as a game-changer for all industries looking to establish a presence in this thriving African nation.

One of the biggest benefits of using Kenya Customs Data is that it saves businesses valuable time in their search for potential customers or suppliers. In today's fast-paced business environment, time is money, and wasting resources on inefficient research methods can hinder growth opportunities. The Kenya Import Data provides accurate and up-to-date information on imports into the country, eliminating the need to spend hours scouring through various sources.

Moreover, this data also helps businesses improve their overall planning strategies by providing insights into market trends and demands. By analyzingKenya trade data, companies can identify which products are in high demand in Kenya and adjust their production or sourcing accordingly. This not only saves them time but also ensures that they focus their efforts on products with high profitability potential.

In addition to saving time and aiding in business planning, Kenya Import Data also allows industries to identify potential partners or competitors within their respective markets. By having access to detailed information about importing companies' names and addresses, businesses can reach out directly to established players or collaborate with other industries to create mutually beneficial partnerships.

Kenya Import Data provided by Import Globals is an essential tool for businesses of all industries looking to expand their operations globally. It not only saves time and improves business planning but also helps in identifying partners, staying updated with customs regulations, and ultimately facilitating a smoother entry into the Kenyan market.

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