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Why do Kenyans experience unfavourable balance of trade?

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Why do Kenyans experience unfavourable balance of trade?

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Reasons Kenyans experience unfavourable balance of trade are;

  • Kenya exports mainly agricultural products which are low value compared to imports.
  • The imposed quota systems sometimes lead to reduced sales and less earnings.
  • The expenditure on imported goods is high due to increased prices of crude oil/petroleum products.
  • The agricultural products exported from Kenya face stiff competition from the world market leading to low sales/earnings.

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