Intra-EAC trade thins as Covid-19 lockdowns restrict movement
Cargo trucks bound for Rwanda queue at the Uganda-Rwanda One Stop Border Post of Mirama Hills. PHOTO | FILE | NMG
East African Community intra trade volumes have reduced to about 40 per cent due to Covid-19 measures as the World Trade Organisation warns of a worldwide drop in merchandise goods.
According to the International Trade Centre, in 2018, Kenya imported products valued at $175.9 million from Tanzania and exported $293.5 million while Rwanda imported products worth $134.5 million and $2 million from Kenya and Tanzania, respectively.