Wednesday, August 14, 2019

Uganda’s exports increase by 7 per cent.




Uganda increased its export earnings by 7.23% to USD 2.8billion in the 2017/2019 financial year, up from USD 2.69billion earned last year. This is according to the Ministry of Trade, Industries and Cooperatives.

Most of Uganda's exports, mainly agricultural and mineral products such as coffee ( USD 492 million), gold (USD 337 million), fisheries and others are going to the COMESA countries especially Kenya and South Sudan, followed by the EU, the middle East and Asia.

Uganda has been working with several development partners such as TradeMark, UKAid, USAid and EU among others to further boost trade.

According to Damali Ssali, the Ag. Country Director TradeMark Uganda, the organisation through its funders - UKAid is now focusing on building trade logistics hubs in Gulu, Jinja and Busia that will comprise of warehouses, cold chain processes, Standard Monitoring Units and many other elements that support production of quality products that can be exported.


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