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Nairobi’s Central Business District - Luthuli Avenue is the heart of the electronics and consumer appliance trade for Kenya. Chinese businessmen can be seen mingling with Somali traders and wholesalers come from all over the country to see “what’s new”. I saw recently introduced solar powered refrigerators (just 60W) on display, direct from China.
African, Latin American nations rank among top exporters | Air Cargo World News
Africa and the Americas are emerging as the shining stars of the airfreight industry, according to the 2012 Agility Emerging Markets Logistics Index.
Kenya, Nigeria, Tunisia, Morocco and the Latin American nations of Ecuador, Peru, Mexico and Chile all rank among the top 10 fastest-growing exporters, the report found.
What’s more, the index — compiled by Transport Intelligence — detailed how Kenyan exports by air to the European Union surged 134 percent between 2005 and 2011. Ethiopia also saw strong export volumes to the U.S. and EU, driven by the region’s prolific coffee sector.
On the import side, Transport Intelligence discovered that Brazil, Russia, India and China (the BRIC countries) topped the list of importers from the U.S. and EU. The United Arab Emirates took home fourth-place honors in this category, with South America, Turkey and Mexico all placing among the top 10.
A farmer picks her coffee crop. The government seeks to profile fresh market opportunities in newly independent South Sudan Sudan and the Democratic Republic of Congo to expand the country’s export trade. Photo FILE
The general manager in charge of Market Development at the EPC, Maurice Abuom, said that it was important to consolidate trade with DRC and South Sudan – both huge importers of value-added goods and services.
“Most of our Kenya’s trade is concentrated in the Common Market for Eastern and Southern Africa and the East African Community and this deliberate marketing attempt to consolidate our position even further is crucial,” Mr Abuom said.
Source businessdailyafrica.com
