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The cumulative total trade from January to August 2023 was K269.1 billion while that of 2024 for the same period was K364.1 billion, representing a 35.3 percent increase (see Figure 5).
Figure 5: Cumulative Total Trade, (Jan- Aug) 2023 and 2024 (K’ Billions)
The total value of exports via all modes of transport for the period of January to August 2024 was K185.6 billion. Road transport accounted for the highest value at K172.9 billion representing a 93.1 percent share. Air transport was second with K5.6 billion (3.0 percent) and Rail transport was third with a value of K1.7 billion (0.9 percent). Other modes of transport accounted for K5.5 billion (3.0 percent).
The total volume of exports via all modes for the period of January to August was 5.9 Million Mt, of which Road transport accounted for the highest volume with 4.1 million Mt, representing 68.6 percent. Rail transport accounted for 18.3 thousand Mt, representing 0.3 percent. Air transport accounted for 2.8 thousand Mt (0.05 percent), while other modes accounted for 1.8 million Mt (31.0 percent) (see Table 8).
Table 8: Total Exports by Mode of Transport, Jan- Aug.2024
Mode of Transport | K’ Billion | Value % Share | Mt (000) | Volume % Share |
Road Transport | 172.9 | 93.1 | 4,052.5 | 68.6 |
Rail Transport | 1.7 | 0.9 | 18.3 | 0.3 |
Air Transport | 5.6 | 3.0 | 2.8 | 0.05 |
Other (Multimodal) | 5.5 | 3.0 | 1,831.1 | 31.0 |
Exports | 185.6 | 100.0 | 5,904.7 | 100.0 |
Note: Other (Multimodal) include, Multimodal – Sea & Rail, Multimodal – Sea & Road, Multimodal – Other, Fixed – Pipeline, Fixed – Electric Power Line.
The total value of Imports via all modes of transport for the period of January to August was K178.4 billion. Road transport accounted for the highest value with K107.6 billion representing 60.3 percent share, followed by Air transport at K10.5 billion (5.9 percent). Rail transport was third with K0.4 billion accounting for 0.2 percent of the total import bill. Other modes of transport accounted for K59.9 billion (33.6 percent).
In terms of volumes, a total of 5.4 million Mt of imports was recorded in the period of January to August 2024, of which Road transport accounted for 2.9 million Mt, representing the highest share at 54.0 percent, followed by Rail transport which accounted for 55.0 thousand Mt, representing a share of 1.0 percent. Air Transport was third accounting for 7.6 thousand Mt (0.1 percent), while other modes accounted for 2.4 million Mt (44.9 percent) (see Table 9).
Table 9: Imports by Mode of Transport, Jan- Aug.2024
Mode of Transport | K’ Billion | Value % Share | Mt (000) | Volume % Share |
Road Transport | 107.6 | 60.3 | 2,906.11 | 54.0 |
Rail Transport | 0.4 | 0.2 | 55.0 | 1.0 |
Air Transport | 10.5 | 5.9 | 7.6 | 0.1 |
Other(Multimodal) | 59.9 | 33.6 | 2,417.95 | 44.9 |
Imports | 178.4 | 100.0 | 5,386.65 | 100.0 |
Note: Note: Other (Multimodal) include, Multimodal – Sea & Rail, Multimodal – Sea & Road, Multimodal – Other, Fixed – Pipeline, Fixed – Electric Power Line.
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