Industry

Kenya's exports rise despite falling output

Ports shipped less crop, yet at higher value
Ports shipped less crop, yet at higher value

Tea exports in Kenya have risen more than 10% in value in 2009, despite production being affected by severe droughts. The African country exported crops worth 69 billion shillings (approximately $1 billion), as the local currency depreciated against the US dollar. Average tea prices rose to $2.72 a kilogram from $2.33. Prices at the Mombasa tea auction were also the highest recorded in close to two-and-half decades, according to the Tea Board of Kenya. Export earnings for 2010 are expected to increase marginally.



visit website