Kenya Trade data is one of the significant ways to obtain Kenya's import and export of the specific products or commodities. Kenya customs data is a set of information related to overall export and import trade. The kind of Kenya export import data is also utmost useful for individuals who are involved in the business of international trade business. To obtain accurate, reliable and actual data, it is obligatory to get the Kenya trade data from the best Export Import Data Provider. In this blog, we will discuss how to obtain Kenya Trade Data for specific products or commodities.
Kenya, one of the most popular and economically advanced nations in eastern Africa, has substantial trade flows with Asia and other nations. Kenya, the third-largest economy in Africa and a developing nation, imports the majority of its goods, making it a crucial market for buyers. According to Kenya’s Trade, Kenya's major commercial partners are China and India, therefore having a share of 15% and 13%, respectively, in both markets increases its value.
Every month, Kenya Imports data are updated, and historical data have been accessible since 2016. The following information can be used to get and process Kenya Imports: Importer, Supplier, and HS Code (2, 4, 6, 8 Digit), and Product Name. The actual product description is included in the Kenya import data, which is particularly useful for tracking a product's global travel.
There are numerous significant points for the Export Import Data. Some of them are-
So these are the important points while entering into Kenya's Trade market. One of the finest ways to find such information is to visit the KenyaTradeData website, where you can get all the confidential data from the individual custom offices, invoices and shipping and lading bills. Also it makes it simple to build or grow your business in the global market.
There are various benefits of Kenya Trade Data. Some of them are-
According to the Economic Complexity Index, Kenya's economy ranked 64 globally in terms of GDP (current US dollars), 103 globally in terms of total exports, 77 globally in terms of total imports, 161 globally in terms of GDP per capita (current US dollars), and 80 globally in terms of economic complexity in 2020. (ECI).
According to Kenya Import Data, the Kenya imports the most from China ($4.86B), India ($1.95B), the United Arab Emirates ($1.34B), Japan ($755M), and Saudi Arabia ($632M), with the top five imports being refined petroleum ($2.13B), palm oil ($671M), broadcasting equipment ($521M), packaged medications ($477M), and cars ($403M).
According to Kenya Export Data, the Kenya's top exports are tea ($1.2B), cut flowers ($596M), refined petroleum ($308M), gold ($262M), refined petroleum refining ($308M), and coffee ($229M). These goods are primarily sent to Uganda ($940M), Pakistan ($515M), the Netherlands ($503M), the United States ($496M), and the United Kingdom ($435M).
By enhancing key investment drivers, Kenya will attract more investors and become more like the BRIC nations (Brazil, Russia, India and China). This will boost the economy and create more employment opportunities for women and young people, raising their level of life to match her middle class status. Kenya's foreign direct investment level is still low compared to its Sub-Saharan rivals, despite Nairobi holding the top spot among the most strategically important cities for investment by multinational corporations eyeing the African market.
The best source for information on a country's import and export market size is trade data. With the organization's trading history, Kenya’s Trade data will aid in the identification of prospective leads. Knowing the trading history beforehand allows you to pursue the lead with the highest likelihood of success. Having monthly updates of import data allows one to keep tabs on the activities of their rivals.
To find out the best export import data, Kenyatradedata.com is a foremost market research company and best Kenya Export Import Data Provider that specialises in information on Kenya's import and export trade. Kenya's customs department acquires import data in relation to bills of entry that importers and buyers have filled out. Kenya Import Export Data contains information on importers such as Importer Name, Address, Phone, Email, HS codes, Product, Price, Quantity, and Country of Origin. These useful details aid international suppliers in locating domestic importers and customers. If you need any further guidance related to Kenya Shipment Data or Kenya Customs Data, Our professionals are always there to provide the topmost services to expand your business in the global market.