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Maritime Vessels Carry More than Half of Growing U.S.-East Africa Trade
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2009-03-01
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Abstract:Trade between the United States and East African countries (defined in this special report as Burundi, Kenya, Rwanda, Tanzania, and Uganda) has grown substantially in recent years, reaching $1.3 billion in value in 2007. Between 1997 and 2007, U.S. exports to East Africa increased at an average annual rate of 9.1 percent per year, while imports grew by 7.7 percent. In 2007, 57 percent of U.S. trade with East Africa took place via seagoing vessel, and 22 percent by air. Trade by air has increased slightly faster than vessel trade, at average annual rates of 9.3 percent and 7.8 percent, respectively. The remaining 21 percent of U.S. trade with East Africa was classified by the U.S. Census Bureau as being transported via "other" modes. The exports in the "other" category consisted mostly of U.S. shipments of airplanes to Kenya. These shipments cannot be classified as trade by air because the aircraft itself was the commodity being shipped, as opposed to being the vehicle that transports commodities.
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Main Document Checksum:urn:sha256:d0da00a5d24476b226844574744f1acfb2eb3c5462f65bbe662a950984534436
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