Kenya Quarterly Balance of Payment and International Trade Report Second Quarter 2024

Abstract

Quarterly statistical release on Kenya's balance of payments and international trade for the second quarter of 2024 (BOP/2/2024, 30 September 2024). The current account deficit improved by 34.5 per cent to KSh 104.1 billion, supported by an increase in merchandise exports from KSh 249.1 billion to KSh 276.3 billion, while merchandise imports (f.o.b.) rose by 2.3 per cent to KSh 617.5 billion, driven by industrial machinery. The release also covers services, primary and secondary income, and the financial account.