From 2013 to 2023, the share of transport services in commercial service imports in Kenya exhibited notable fluctuations. The percentage peaked at 56.71% in 2013, followed by a marked decline until 2017. A slight recovery was seen between 2018 and 2022, with the share stabilizing around 41.39% in 2023.
Year-on-year variations showed significant drops, such as in 2014 and 2020, contrasted by notable increases in 2018 and 2021. Over the last two years, the changes were minimal, with a decrease of 1.1% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years reflected a mild growth trend at 1.39%.
Future trends to watch include a gradual decline forecasted from 2024 to 2028, with an estimated annual decrease of 0.86% (CAGR). Policymakers and businesses should monitor these trends and explore diversification strategies to counter potential negative impacts on the transport service sector.
