• Wed March 2, 2022
Facebook
Twitter
Youtube
Search
Close
  • Home
  • The Nation
  • Companies
  • Money
  • FactCheck
  • The Farm
  • Opinion
  • Contact Us
Menu
  • Home
  • The Nation
  • Companies
  • Money
  • FactCheck
  • The Farm
  • Opinion
  • Contact Us
Home Money

KenTrade Simplifies Export Procedures For Fish, Avocado Exporters

Kenya exports frozen nile perch, tuna, octopus, whole tilapia and lobsters notably to the European  Union.

by Financial Day
March 2, 2022
in Money, News, The Farm, The Nation
3 min read
KenTrade is in partnership with GIZ in this simplification exercise.

Last  Year, Kenya topped Africa’s avocado exports and was among the world's top 10 producers. Avocado farmers earned Ksh14.48 billion between January to November 2021. [Photo/ Courtesy]

0
SHARES
55
VIEWS
Share on FacebookShare on Twitter

The Kenya Trade Network Agency (KenTrade) has announced plans to simplify trade procedures for Avocado and Fish in the current financial year 21/22 in a bid to lower administrative burden costs for traders.

Speaking to a Nigerian delegation who visited KenTrade head offices in Nairobi on a benchmarking exercise, KenTrade Director, Trade Facilitation David Ngarama said, the move is aimed at reducing the time and cost of trade for the two commodities.

Kenya mainly imports frozen tilapia, frozen mackerels, sardines, prawns and salmon among others while the country exports frozen nile perch, tuna, octopus, whole tilapia and lobsters notably to the European  Union.

YOU MAY LIKE

Harish and Gachora Win Junior Titles During Safaricom Golf Tour

EPRA Hikes Fuel Prices By Ksh5 For Petrol, Diesel

Read: Mt. Kenya opens to a ‘new’ fish diet

Avocado on the other hand has been a major contributor to the earnings in the horticulture sector. Last  Year, Kenya topped Africa’s avocado exports and was among the world’s top 10 producers. Avocado farmers earned Ksh14.48 billion between January to November 2021.

KenTrade is in partnership with GIZ in this simplification exercise.

Other stakeholders involved in the exercise include KEPHIS, Horticultural Crops Directorate (HCD),  Directorate Public Health, Port Health Services, Department of Veterinary Services (DVS), Kenya  Fisheries Services, County Directorate of Fisheries, State Department of Trade (NTFC) Kenya Fish  Processors and Exporters Association (AFIPEK), Avocado Society of Kenya, Avocado Exporters  Association of Kenya.

Read: Kenya avocado farmers prepare for China market

KenTrade has been able to map out procedures for ninety-five (95) commodities, which include all procedures of export, import and transit on the trade information portal, dubbed InfoTradeKenya Portal.

“Upon mapping the procedures, the team started simplification of trade procedures in 2018. To date,  procedures for export of coffee, tea, meat & meat products, flowers, nuts & oils, and cotton have been  simplified, reducing cost and time for a first-time trader, with simplification of avocado and fish ongoing  in the current financial year,” he added.

The simplification process has reduced the administrative and cost burden incurred by businesses, more specifically in the registration procedure from Ksh40,197.35 (USD 402) to Ksh15,287.29 (USD 153) thus saving businesses a total of Ksh24,910.06(USD 250), approximately 62 percent of the total cost.

Read: Uhuru says deal with Trump will not undermine Africa

The delegation from the Federal Ministry of Industry, Trade and Investment in Nigeria visited KenTrade head office in Nairobi to benchmark Kenya’s success with the InfoTradeKenya Portal, as they plan to launch their own national trade information portal in the course of this month.

The Portal managed and supervised by KenTrade has become an international best practice regarding  Trade Facilitation. With more than 130,000 visitors in 2021, the portal helped many private operators  (especially MSME) to overcome the hurdles of trade administrative procedures.

The delegation included Abu Ndah Ali, National Coordinator of the Portal, Usman Abdullahi, Assistant  Chief Commercial Officer; and Ahmed Zungeru, Principal Trade Officer, Federal Ministry of Industry,  Trade and Investment in Nigeria.

“Kenya is a big brother in Trade Facilitation, and we would like to learn from their success, our aim is to  understand how to simplify the trade documentation process in a bid to enhance trade prospects in our  country,” said Ahmed Zungeru, Principal Trade Officer, Federal Ministry of Industry, Trade and  Investment in Nigeria.

Read: Who are Kenya’s alternative Presidents?

InfoTradeKe development partners include: United Nations Conference on Trade and Development  (UNCTAD), Trade Mark East Africa (TMEA), International Trade Centre (ITC), under the umbrella of the  National Trade Facilitation Committee (NTFC), and USAID.

InfoTradeKenya portal offers trade information at the touch of a button, traders can perform all trade procedures with less time-consuming interactions. Traders are also empowered with prior information to comply with regulatory requirements for the exportation and importation of goods.

The Portal is visited by over 10,000 users monthly.

Read: Avocados From Peru, Columbia, Eat Into Kakuzi’s Profits

Last month a foreign delegation from Gambia Maritime Administration visited KenTrade head office in  Nairobi to benchmark on the Single Window System, the TradeNet System, that simplifies trade and approval processes between the international business community and the regulatory and permit issuing state agencies.

The benchmarking visits to KenTrade come at a time when KenTrade is celebrating 10 years of facilitating Kenya’s global trade. KenTrade is the founder member and current President of AAEC.

Read Next: How ex-spy crept into fruit farming

Tags: KenTrade
ShareTweetSend

Related Posts

Safaricom PLC CEO, Peter Ndegwa, awards the Overall Girl, Audrey Gachora (77
pts). [Photo/ Courtesy]
News

Harish and Gachora Win Junior Titles During Safaricom Golf Tour

March 14, 2022
EPRA Hikes Fuel Prices By Ksh5 For Petrol, Diesel
News

EPRA Hikes Fuel Prices By Ksh5 For Petrol, Diesel

March 14, 2022
Next Post
In addition to concerns about climate change, Kenya’s wealthy remain more worried about new variants of Covid-19 than HNWIs in other regions.

High-Net-Worth Kenyans Rate Climate Change As A Risk To Their Wealth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TOP STORIES

  • White Mischief

    Nyandarua’s priceless White Mischief mansions left to die

    547 shares
    Share 547 Tweet 0
  • Shahbal, Njogu make billions from Rubis deal

    434 shares
    Share 434 Tweet 0
  • Uhuru signals end of KTDA

    375 shares
    Share 375 Tweet 0
  • VIDEO: Rwathia billionaires: How the journey started

    1670 shares
    Share 1670 Tweet 0
  • Mzee Kenyatta’s hand in the birth of Co-operative Bank

    273 shares
    Share 273 Tweet 0
ADVERTISEMENT

ABOUT US

FinancialDay is a weekly online media portal providing well researched and authentic news and news features about various aspects of Kenya’s economy; from politics to agriculture, lifestyle to persons of interest, companies to watch to special reports.

We welcome your feedback at: editor@financialday.co.ke

RECENT NEWS

Harish and Gachora Win Junior Titles During Safaricom Golf Tour

EPRA Hikes Fuel Prices By Ksh5 For Petrol, Diesel

Lis Of City Roads Targeted For Toll Charges

Mkenya Daima: Initiative Launched To Preach Peaceful Elections

CATEGORIES

Categories
  • Companies
  • Days Top Story
  • Editorial
  • FactCheck
  • FactCheck
  • Money
  • News
  • Opinion
  • Sports
  • The Farm
  • The Nation
  • Weeks Top Story

© 2020 Financial Day 

This website uses cookies. By continuing to use this website you are giving consent to cookies being used.