South Korea / Kenya

Overview In February 2024, South Korea exported $14M and imported $2.48M from Kenya, resulting in a positive trade balance of $11.5M. Between February 2023 and February 2024 the exports of South Korea have decreased by $-79.7M (-85.1%) from $93.7M to $14M, while imports decreased by $-2.8M (-53%) from $5.28M to $2.48M.

Trade In February 2024, the top exports of South Korea to Kenya were Iron & steel ($3.82M), Plastics & articles thereof ($2.35M), Pharmaceutical products ($2.28M), Machinery, mechanical appliances, & parts ($1.29M), and Zinc articles ($1.29M). In February 2024 the top imports of South Korea from Kenya were Copper articles ($4.15M), Coffee, tea, mate & spices ($1.03M), Ores, slag and ash ($802k), Aluminum articles ($263k), and Non-knitted clothing accesories ($235k).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Kenya was explained primarily by an decrease in product exports in Plastics & articles thereof ($-5.82M or -71.2%), Iron & steel ($-5.16M or -57.5%), and Inorganic chemicals ($-768k or -78.9%). In February 2024, the decrease in South Korea's year-by-year imports  from Kenya was explained primarily by an decrease in product imports  in Aluminum articles ($-568k or -68.4%), Coffee, tea, mate & spices ($-390k or -27.4%), and Knitted clothing accesories ($-16k or -23.5%).