Net trade in goods in Kenya
Kenya: Net trade in goods was -9.69 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Kenya, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Kenya stood at -9.69 billion BoP, current US$.
The figure is down 1.3% on the previous year and up 9.5% over ten years.
Over the whole period, net trade in goods in Kenya peaked at 100.04 million BoP, current US$ in 1977 and was at its lowest, -11.55 billion BoP, current US$, in 2022.
Kenya ranks 169th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Kenya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -160.28 million BoP, current US$ | — |
| 1976 | -717,090 BoP, current US$ | -99.6% |
| 1977 | 100.04 million BoP, current US$ | -14051.1% |
| 1978 | -581.42 million BoP, current US$ | -681.2% |
| 1979 | -486.00 million BoP, current US$ | -16.4% |
| 1980 | -923.29 million BoP, current US$ | +90.0% |
| 1981 | -645.48 million BoP, current US$ | -30.1% |
| 1982 | -425.64 million BoP, current US$ | -34.1% |
| 1983 | -217.25 million BoP, current US$ | -49.0% |
| 1984 | -269.74 million BoP, current US$ | +24.2% |
| 1985 | -281.58 million BoP, current US$ | +4.4% |
| 1986 | -238.20 million BoP, current US$ | -15.4% |
| 1987 | -661.95 million BoP, current US$ | +177.9% |
| 1988 | -729.47 million BoP, current US$ | +10.2% |
| 1989 | -962.89 million BoP, current US$ | +32.0% |
| 1990 | -915.17 million BoP, current US$ | -5.0% |
| 1991 | -511.94 million BoP, current US$ | -44.1% |
| 1992 | -494.59 million BoP, current US$ | -3.4% |
| 1993 | -1.63 billion BoP, current US$ | +230.1% |
| 1994 | -1.86 billion BoP, current US$ | +13.9% |
| 1995 | -2.90 billion BoP, current US$ | +56.1% |
| 1996 | -2.66 billion BoP, current US$ | -8.4% |
| 1997 | -3.79 billion BoP, current US$ | +42.4% |
| 1998 | -4.98 billion BoP, current US$ | +31.5% |
| 1999 | -5.16 billion BoP, current US$ | +3.7% |
| 2000 | -1.24 billion BoP, current US$ | -75.9% |
| 2001 | -1.33 billion BoP, current US$ | +6.7% |
| 2002 | -982.18 million BoP, current US$ | -26.0% |
| 2003 | -1.14 billion BoP, current US$ | +16.4% |
| 2004 | -1.61 billion BoP, current US$ | +40.9% |
| 2005 | -2.13 billion BoP, current US$ | +32.0% |
| 2006 | -3.24 billion BoP, current US$ | +52.5% |
| 2007 | -4.25 billion BoP, current US$ | +30.9% |
| 2008 | -5.61 billion BoP, current US$ | +32.1% |
| 2009 | -4.97 billion BoP, current US$ | -11.4% |
| 2010 | -6.23 billion BoP, current US$ | +25.4% |
| 2011 | -8.36 billion BoP, current US$ | +34.1% |
| 2012 | -9.31 billion BoP, current US$ | +11.5% |
| 2013 | -10.24 billion BoP, current US$ | +10.0% |
| 2014 | -10.71 billion BoP, current US$ | +4.6% |
| 2015 | -8.38 billion BoP, current US$ | -21.8% |
| 2016 | -7.69 billion BoP, current US$ | -8.2% |
| 2017 | -10.19 billion BoP, current US$ | +32.4% |
| 2018 | -10.20 billion BoP, current US$ | +0.1% |
| 2019 | -10.68 billion BoP, current US$ | +4.7% |
| 2020 | -8.02 billion BoP, current US$ | -25.0% |
| 2021 | -10.79 billion BoP, current US$ | +34.5% |
| 2022 | -11.55 billion BoP, current US$ | +7.1% |
| 2023 | -9.57 billion BoP, current US$ | -17.2% |
| 2024 | -9.69 billion BoP, current US$ | +1.3% |
Kenya compared with similar countries
- Kenya's -9.69 billion BoP, current US$ is below the median for lower middle income countries, which is -756.75 million BoP, current US$, 12.8× the median. (47 countries reporting)
- Kenya's -9.69 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -487.31 million BoP, current US$, 19.9× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods in Kenya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +14051.1% | -717,090 BoP, current US$ | 100.04 million BoP, current US$ |
| 1978 | -681.2% | 100.04 million BoP, current US$ | -581.42 million BoP, current US$ |
| 1993 | -230.1% | -494.59 million BoP, current US$ | -1.63 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -225.68 million BoP, current US$ | -581.42 million BoP, current US$ | 100.04 million BoP, current US$ | 5 |
| 1980s | -535.55 million BoP, current US$ | -962.89 million BoP, current US$ | -217.25 million BoP, current US$ | 10 |
| 1990s | -2.49 billion BoP, current US$ | -5.16 billion BoP, current US$ | -494.59 million BoP, current US$ | 10 |
| 2000s | -2.65 billion BoP, current US$ | -5.61 billion BoP, current US$ | -982.18 million BoP, current US$ | 10 |
| 2010s | -9.20 billion BoP, current US$ | -10.71 billion BoP, current US$ | -6.23 billion BoP, current US$ | 10 |
| 2020s | -9.92 billion BoP, current US$ | -11.55 billion BoP, current US$ | -8.02 billion BoP, current US$ | 5 |
Countries ranked near Kenya
- 166 Cyprus -8.03 billion BoP, current US$ compare
- 167 Honduras -8.49 billion BoP, current US$ compare
- 168 Panama -9.58 billion BoP, current US$ compare
- 170 Tunisia -9.79 billion BoP, current US$ compare
- 171 Bulgaria -10.57 billion BoP, current US$ compare
- 172 Nepal -10.59 billion BoP, current US$ compare
More economy & growth data for Kenya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 417.66 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0035 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.4 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 463.44 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -8.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0038 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8.21 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 23.12 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Kenya?
- Net trade in goods in Kenya was -9.69 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Kenya?
- The highest recorded value was 100.04 million BoP, current US$ in 1977.
- What is the lowest net trade in goods recorded in Kenya?
- The lowest recorded value was -11.55 billion BoP, current US$ in 2022.
- How does Kenya rank for net trade in goods?
- Kenya ranks 169th out of 200 countries with data for 2024.
- Is net trade in goods rising or falling in Kenya?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.