The cumulative total trade from January to March 2024 was K120.0 billion while that of 2023 for the same period was K103.1 billion, representing a 16.4 percent increase (see Figure 4)
Figure 4: Cumulative Total Trade, Jan-Mar (2024 and 2023), K’ Billion
Total Exports and Imports by Mode of Transport, Jan-Mar, 2024
The total value of exports via all modes of transport for the period, January to March 2024 was K60.6 billion. Road transport accounted for the highest value at K27.9 billion representing 46.1 percent. Air transport was second with K1.6 billion (2.6 percent) and Rail transport was third with a value of K1.5 billion (2.4 percent). Other modes of transport accounted for K29.6 billion (48.9 percent).
The total volume of exports via all modes for the period, January to March was 2.3 million Mt, of which Road transport accounted for the highest volume with 1.2 million Mt, representing 54.5 percent. Rail transport accounted for 8.6 thousand Mt, representing 0.4 percent. Air transport accounted for 1.0 thousand Mt (0.04 percent), while other modes accounted for 1.0 million Mt (45.1 percent) (see Table 8).
Table 8: Total Exports by Mode of Transport, Jan-Mar,2024
Mode of transport |
K’ Billion |
Value % Share |
Mt (000) |
Volume % Share |
Road Transport |
27.9 |
46.1 |
1,245.3 |
54.5 |
Rail Transport |
1.5 |
2.4 |
8.6 |
0.4 |
Air Transport |
1.6 |
2.6 |
1.0 |
0.04 |
Other(Multimodal) |
29.6 |
48.9 |
1,032.0 |
45.1 |
Exports |
60.6 |
100.0 |
2,286.8 |
100.0 |
The total value of Imports via all modes of transport for the period of January to March was K59.4 billion. Road transport accounted for the highest value with K31.7 billion representing 53.3 percent share, followed by Air transport at K3.4 billion (5.8 percent). Rail transport was third with K0.2 billion accounting for 0.3 percent of the total import bill. Other modes of transport accounted for K24.1 billion (40.6 percent).
In terms of volumes, a total of 1.7 million Mt of imports was recorded in the period, January to March 2024, of which Road transport accounted for 898.6 thousand Mt, representing the highest share at 52.0 percent, followed by Rail transport which accounted for 40.7 thousand Mt, representing a share of 2.4 percent. Air Transport was third accounting for 3.1 thousand Mt (0.2 percent), while other modes accounted for 784.0 thousand Mt (45.4 percent) (see Table 9).
Table 9: Imports by Mode of Transport, Jan-Mar, 2024
Mode of transport |
K’ Billion |
Value % Share |
Mt (000) |
Volume % Share |
Road Transport |
31.7 |
53.3 |
898.6 |
52.0 |
Rail Transport |
0.2 |
0.3 |
40.7 |
2.4 |
Air Transport |
3.4 |
5.8 |
3.1 |
0.2 |
Other(Multimodal) |
24.1 |
40.6 |
784.0 |
45.4 |
Imports |
59.4 |
100.0 |
1,726.4 |
100.0 |
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