Kenya's wearing apparel exports to Tanzania were valued at 1.942 million USD in 2023. The forecast for 2024 is 1.804 million USD, showing a decrease. The downward trend continues with values at 1.6256 million USD for 2025, 1.4507 million USD for 2026, 1.2793 million USD for 2027, and 1.1113 million USD in 2028. This represents a consistent year-on-year decline in export values.
Variations:
- 2024: -7.1%
- 2025: -9.9%
- 2026: -10.8%
- 2027: -11.8%
- 2028: -13.1%
CAGR (2023-2028): -10.6% per year.
Future trends to watch for include potential changes in trade policies between Kenya and Tanzania, shifts in the global apparel market, and economic factors in both countries. Monitoring these elements will be crucial in understanding and anticipating future export dynamics.
