Kenya’s tea export earnings up 18 pct in H1 2024

Published 2024년 9월 26일

Tridge summary

Kenya's tea export earnings experienced an 18% increase in the first half of 2024, reaching 102.4 billion shillings (about 795 million U.S. dollars), according to the Kenya National Bureau of Statistics. This surge was largely due to a recovery in key markets following the global economic slowdown caused by the Russia-Ukraine crisis. The country exported 320,563 metric tons of tea, a significant increase from the same period in 2023. The Kenya Tea Board credits the rise in shipments to the recovery of key markets and the diversification of markets, including expanding into China. Tea, tourism, and horticulture are among Kenya's top foreign exchange earners.

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Original content

A tea farmer shows the freshly picked purple tea leaves at a purple tea plantation in Muranga County, Kenya, on May 6, 2024. (Xinhua/Han Xu) Kenya’s tea export earnings surged by 18 percent in the first half of 2024, driven by increased shipments to key markets, the Kenya National Bureau of Statistics (KNBS) said on Wednesday. NAIROBI, Sept. 26 (Xinhua) — Kenya’s tea export earnings surged 18 percent in the first half of 2024, driven by increased shipments to key markets, the Kenya National Bureau of Statistics (KNBS) said Wednesday. In its economic report, the KNBS said earnings jumped to 102.4 billion shillings (about 795 million U.S. dollars) for the period ending in June, with the country exporting 320,563 metric tons of tea. This marked a significant increase from the 674.9 million dollars earned from 270,287 metric tons during the same period in 2023. March recorded the highest shipments, with 59,599 metric tons exported, while June saw the lowest, with 42,894 metric tons. ...

Source: Agrifocusafrica