East African countries turn to neighbours for more trade
Trucks transporting goods at Kenya-Uganda border. Kenya’s total trade with EAC partner states increased by 4.7 per cent to $1.95 billion in 2018 from $1.86 billion in 2017. FILE PHOTO | NMG
The value of intra-trade among East African Community partner states increased to $5.98 billion in 2018 from $5.46 billion in 2017, accounting for a 9.4 per cent growth.
This comes as member countries opted to trade with each other in the wake of falling demand for the region’s agricultural products in the US and the rest of the world.
