knbs ke.knbs.trade-price-indices.annual annual

Trade Price Indices and Terms of Trade.

VERSION v2026-08-26
UPDATED 11d ago
CHECKED 1d ago
COVERAGE 2015 - 2024
SHAPE 240 × 8
SIZE 6.5 KB
FREQUENCY annual
PIPELINE automated
LICENSE Not stated

What Kenya's trade costs per unit, for the ten years to 2024. Price indices for nine SITC sections on each side of the ledger, base 2009 = 100, with the terms of trade they imply. 240 observations.

Kenya's import prices rose 35.2 per cent over the decade and its export prices 20.7. The gap between those two is the terms of trade, which the table states directly: 76.0 in 2015 falling to 67.9 in 2024, its lowest of the decade. Kenya buys a shilling of imports for what it used to buy more than a shilling of.

The non-oil terms of trade tell a different story from the headline one. They fell from 69.2 to 62.1 by 2019 and then recovered to 69.9 by 2024, ending slightly above where they started, which the all-items figure does not do. The difference between the two series is the oil bill.

Mineral fuels is the most volatile section on the import side, from 133.8 in 2015 to 95.0 in 2016 and 357.3 in 2023. Machinery and transport equipment is the most expensive relative to its base throughout.

Read beside the quantum indices in the same chapter, this is the dataset that separates a bigger trade from a dearer one. Neither table can do that alone.

Two figures do not reconcile and are published as printed. The 2017 terms of trade read 75.0 and 67.7 where the price indices the table prints give 75.502 and 68.23. Every other year in both series agrees to 0.047 or better.

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THE GAP THAT KEEPS WIDENING

Kenya's import prices rose 35 per cent in a decade against 21 for its exports, pushing its terms of trade to their lowest in 2024.

Import and export price indices, and the terms of trade they imply · 2009 = 100 · 2015 to 2024

SOURCE: Kenya National Bureau of Statistics · Trade Price Indices and Terms of Trade (annual) · Updated 2026-08-26
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CITATION · APA 7

imibare contributors. (2026). Trade Price Indices and Terms of Trade [Data set]. imibare. v2026-08-26. https://imibare.org/datasets/ke.knbs.trade-price-indices.annual