Apparel exports from Kenya to the US decreased by 2 per cent to Sh 34.4 billion in 2016 from Sh 35.2 billion in 2015, mainly owing to uncertainty around general election held in the US. The number of apparel pieces exported by Kenya in 2016 reduced to 74 million from 84.6 million in 2015, says the annual performance report for the Export Processing Zones (EPZ).The EPZ Authority (EPZA) also experienced market diversification for apparel exports by increasing the export volume to Europe and Canada. These alternative markets are evolving as Kenya exported apparel worth Sh 2.4 billion in 2016 to them, up from exports worth Sh 2.2 billion in 2015.
Direct employment also increased by 2.2 per cent to 42,496, said African media reports quoting EPZA.
Apparel exports from Kenya to the US decreased by 2 per cent to Sh 34.4 billion in 2016 from Sh 35.2 billion in 2015, mainly due to uncertainty around US general election. The number of apparel pieces exported by Kenya in 2016 reduced to 74 million from 84.6 million in 2015, says the annual performance report for the Export Processing Zones (EPZ).#
Investments in Kenya also increased by 3.1 per cent to Sh 16.1 billion in 2016 from Sh 15.7 billion in 2015, said EPZA. (KD)
Fibre2Fashion News Desk – India