Refined Petroleum in Kenya 2020 Exports | Imports : $308M | $2.13B, World Rnk 68 / 212 Rnk 3 / 1094 | World Rnk 48 / 224 Rnk 1 / 1179
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $18.2M | $191M, Malaysia | Kuwait
2020 ECONOMIC COMPLEXITY of Kenya: -0.47, Rnk 80 / 127
2020 PRODUCT COMPLEXITY IN Refined Petroleum: -0.94, Rnk 822 / 1029
Exports In 2020, Kenya exported $308M in Refined Petroleum, making it the 68th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Kenya. The main destination of Refined Petroleum exports from Kenya are: United Arab Emirates ($134M), Netherlands ($34.8M), Uganda ($34.1M), Malaysia ($18.2M), and Qatar ($15.8M).
The fastest growing export markets for Refined Petroleum of Kenya between 2019 and 2020 were Malaysia ($18.2M), Ethiopia ($6.95M), and Germany ($6.56M).
Imports In 2020, Kenya imported $2.13B in Refined Petroleum, becoming the 48th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Kenya. Kenya imports Refined Petroleum primarily from: United Arab Emirates ($535M), India ($489M), Saudi Arabia ($261M), Netherlands ($250M), and Kuwait ($193M).
The fastest growing import markets in Refined Petroleum for Kenya between 2019 and 2020 were Kuwait ($191M), Netherlands ($191M), and Belgium ($77M).
Tariffs In 2018, the average tariff for Kenya in Refined Petroleum was 4.37%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatement, 4.46%), Benin (Most Favoured Nation duty rate treatement, 4.46%), Burkina Faso (Most Favoured Nation duty rate treatement, 4.46%), Botswana (Most Favoured Nation duty rate treatement, 4.46%), and Central African Republic (Most Favoured Nation duty rate treatement, 4.46%).
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 Refined Petroleum. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $308M
IMPORTS (2020): $2.13B
NET TRADE (2020): -$1.82B
In 2020, Kenya exported $308M in Refined Petroleum. The main destinations of Kenya exports on Refined Petroleum were United Arab Emirates ($134M), Netherlands ($34.8M), Uganda ($34.1M), Malaysia ($18.2M), and Qatar ($15.8M).
In 2020, Kenya imported $2.13B in Refined Petroleum, mainly from United Arab Emirates ($535M), India ($489M), Saudi Arabia ($261M), Netherlands ($250M), and Kuwait ($193M).
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Kenya WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Kenya WERE (2019 - 2020):
In 2020, Kenya's main exporting competitors in Refined Petroleum were:
In 2020, Kenya's main importing competitors in Refined Petroleum were:
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