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Why is there an imbalance of trade between Kenya and other countries?

Give reasons why there is an imbalance of trade between Kenya and other countries.

Answers


Maurice
(i) Some of the goods exported are of low quality hence generating low earnings.

(ii) Semi processed goods earn less than fully processed goods.

(iii) Kenya exports mainly agricultural raw materials which are of low value and imports manufactured goods which are of high value.

(iv) The agricultural goods exported from Kenya faces stiff competition in the world and imposed quota systems in the world market which leads to reduced sales and less earnings.
maurice.mutuku answered the question on June 24, 2017 at 08:49

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