AGOA Status: Kenya is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. signed Trade and Investment Framework Agreements (TIFA) with the East African Community (EAC) in 2008, and with the Common Market for Eastern and Southern Africa (COMESA) in 2001. Kenya is a member of both regional organizations.
Kenya Trade & Investment Summary
U.S. goods exports to Kenya in 2022 were $604 million, up 8.1 percent ($45 million) from 2021 and up 6 percent from 2012. U.S. goods imports from Kenya totaled $875 million in 2022, up 27.7 percent ($189 million) from 2021, and up 125 percent from 2012. The U.S. goods trade deficit with Kenya was $271 million in 2022, a 113.7 percent increase ($144 million) over 2021.
U.S. foreign direct investment (FDI) in Kenya (stock) was $277 million in 2022, a 9.5 percent decrease from 2021.
NOTE: No services trade data with Kenya are available.