
New US trade tariffs are predicted to affect several Kenyan sectors, according to the Central Bank of Kenya’s Chief Executive Officers (CEOs) Survey from September 2025.
The data, reflecting the percentage of surveyed respondents feeling the impact, indicates that the Tourism, Hotels, and Restaurants sector is expected to feel the most pressure, with 32.7% of respondents noting concern.
The Manufacturing sector is the second most affected, with 22.4% of CEOs anticipating difficulties. Following closely are Financial services and Professional services, both registering an impact percentage of 12.2%. This highlights the widespread nature of the tariff's effects beyond purely export-oriented industries.
Sectors like ICT & Telecommunications and Wholesale and Retail Trade show a lesser, but still notable, impact at 6.1% each.
Finally, Agriculture, a cornerstone of the Kenyan economy, registers the lowest level of perceived impact among the surveyed sectors at 4.1%. The data underscores the diverse economic challenges stemming from the new trade regulations.