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.
Read Full Story here : https://chimpreports.com/ugandas-exports-increase-by-7/
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