2022
Exports
$191MWorld Rnk 81 / 176
Flag Rnk 6 / 1103
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$39MWorld Rnk 74 / 178
Flag Rnk 115 / 1174
2022
ECONOMIC COMPLEXITY of Kenya
-0.5Rnk 87 / 133

About

Exports In 2022, Kenya exported $191M in Gold, making it the 81st largest exporter of Gold in the world. At the same year, Gold was the 6th most exported product in Kenya. The main destination of Gold exports from Kenya are: Rwanda ($124M), United Arab Emirates ($33.4M), South Africa ($24.1M), Switzerland ($7.29M), and South Korea ($1.1M).

The fastest growing export markets for Gold of Kenya between 2021 and 2022 were Rwanda ($106M), United Arab Emirates ($17.1M), and South Africa ($15.4M).

Imports In 2022, Kenya imported $39M in Gold, becoming the 74th largest importer of Gold in the world. At the same year, Gold was the 115th most imported product in Kenya. Kenya imports Gold primarily from: United Arab Emirates ($29.7M), Tanzania ($7.7M), South Korea ($1.62M), Thailand ($4.05k), and South Africa ($866).

The fastest growing import markets in Gold for Kenya between 2021 and 2022 were United Arab Emirates ($28.2M), Tanzania ($7.7M), and South Korea ($1.62M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$191M
IMPORTS (2022)$39M
NET TRADE (2022)$152M

In 2022, Kenya exported $191M in Gold. The main destinations of Kenya exports on Gold were Rwanda ($124M), United Arab Emirates ($33.4M), South Africa ($24.1M), Switzerland ($7.29M), and South Korea ($1.1M).

In 2022, Kenya imported $39M in Gold, mainly from United Arab Emirates ($29.7M), Tanzania ($7.7M), South Korea ($1.62M), Thailand ($4.05k), and South Africa ($866).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Kenya WERE (2021 - 2022):
Rwanda$106M (584%)
South Africa$15.4M (178%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Kenya WERE (2021 - 2022):
Uganda-$81.2M (-100%)
Switzerland-$10.9M (-59.9%)
Hong Kong-$199k (-77.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kenya's main exporting competitors in Gold were:
In 2022, Kenya's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $11.8M
TOP IMPORT POTENTIALTanzania+ $8.8M

Gold’s highest export potential is United Arab Emirates. With an export gap of $11.8M.   Gold’s highest import potential is Tanzania with an import gap of $8.8M.

See methodology.

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