Uganda's export earnings up 11.3% y/y in June
- The growth was primarily driven by higher earnings from shipments of gold and cotton
KAMPALA: Uganda’s export earnings rose 11.3% year-on-year in June, helped by higher shipments of commodities including gold and cotton, the finance ministry said in a report.
Export earnings rose to $1.28 billion from $1.15 billion in June 2025, the ministry said in a report seen by Reuters on Thursday.
The growth was primarily driven by higher earnings from shipments of gold and cotton.
The value of gold shipments surged 43.5% to $685 million in June.
Uganda is a regional gold-processing hub.
Gold, alongside coffee, is one of the East African country’s main sources of foreign exchange.
TDAP, PHDE explore potato export opportunities
Coffee exports declined 36.3% to $184.4 million in June from a year earlier as dry weather conditions led to weaker harvests and lower shipment volumes, the ministry said.