Kenya | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Kenya
Records
63
Source
Kenya | Exports of goods and services (current US$)
1960 246049901.58004
1961 259433896.22644
1962 278123874.75045
1963 296813881.27445
1964 333479880.60805
1965 313319874.67205
1966 377439849.02406
1967 350839859.66406
1968 397879840.84806
1969 430639827.74407
1970 478239808.70408
1971 509319796.27208
1972 560279775.88809
1973 687311674.92621
1974 1000159879.9361
1975 972056842.3028
1976 1127505379.6725
1977 1571183973.6335
1978 1534663245.4363
1979 1605552359.1065
1980 2144500670.94
1981 2087870038.7665
1982 1714496080.2759
1983 1551597920.808
1984 1656202769.9005
1985 1552098192.8257
1986 1871195153.972
1987 1698200922.8848
1988 1869200100.2981
1989 1907852203.6273
1990 2202462429.5765
1991 2204295625.6841
1992 2155745830.1379
1993 2237653803.5772
1994 2647694302.8684
1995 2948349668.9558
1996 3035630589.8428
1997 2975493106.4481
1998 2842655387.8214
1999 2686591710.1726
2000 2742776491.1735
2001 2977896209.5437
2002 3273519932.4457
2003 3590023638.4827
2004 4283010819.2357
2005 5341992293.2319
2006 5935978411.3457
2007 7004914019.5135
2008 8138887724.3756
2009 7950667080.3599
2010 9137589275.7617
2011 10100126369.809
2012 11203175900.438
2013 10972694027.101
2014 11248585737.721
2015 10608335822.933
2016 9912815673.9736
2017 10448711418.204
2018 11564075006.376
2019 11471244340.865
2020 9703786106.5931
2021 11819671011.663
2022 13854529473.35

Kenya | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Kenya
Records
63
Source