The UAE has surpassed India to become Kenya’s second-largest source market, Business Daily newspaper reported, citing Kenya National Bureau of Statistics. Imports from the UAE surged 132% to 177.88 billion Shillings ($1.47 billion) in H1 2022 from 77.39 billion Shillings a year earlier.
Fuel and lubricants worth 305.19 billion Shillings were imported in the first six months, a 91.86% jump from 159.07 billion Shillings in the prior year.
The bulk of petroleum products in Kenya are sourced from the UAE, the newspaper said. Imports from India climbed 36.61% year-on-year to 150.25 billion Shillings during the same period.
Total expenditure on petroleum products were higher than pharmaceuticals, vehicles, steel and iron, which are primarily imported from India.