Trade

CommoditiesEconomyTrade

Uganda shilling weakens sharply as oil prices and global risk sentiment shift

Rising oil prices and shifting investor sentiment drive Uganda shilling to weakest level since mid-2024
A stack of Ugandan shilling banknotes—50,000, 20,000, 10,000, and 5,000—arranged in a currency counting machine.
CommoditiesEconomyEnergy, Oil & GasTrade

Uganda’s oil moment approaches — but the risks are multiplying

Uganda's first oil is due in H2 2026, but timing risks, fiscal pressures, and a Middle East conflict cloud the outlook
The offices of the Ministry of Finance and Economic Development in Kampala
CommoditiesEconomyTrade

Merchandise trade deficit slows down on stronger exports

Goods trade exports rose at their fastest rate in 14 months in April, offsetting a surge in goods imports and slowing down the growth of Uganda's merchandise trade deficit
A cargo ship docked at the port of Mombasa on Kenya's Indian Ocean Coast, as workers prepare to load it
CommoditiesEconomyTrade

Coffee export revenues surge to new high

Coffee exports rose in July at the fastest pace since August 2023 as revenue surged to yet another record high on strong global prices for robusta beans
Tin of instant coffee from Uganda's Star Café Limited
CommoditiesEconomyTrade

Coffee export earnings hit all-time high

Uganda's coffee export earnings rose to an all-time high in June, boosted by rising prices for robusta beans
A cup of espresso being made in a café
CommoditiesEconomyTrade

Coffee exports fall at steepest pace since December 2022

Coffee exports fell by the most in fourteen months in February, but higher global prices led to higher earnings
Jute bags containing coffee beans in a café storage area
EconomyTrade

Goods trade gap falls to near three-year low

Uganda's merchandise trade deficit with the rest of the world fell to its lowest level in 35 months in January, helped by a sharp drop in imports of unrefined gold
People crossing the border from the Democratic Republic of the Congo into Bunagana, in the south-west of Uganda.
EconomyOpinionTrade

African countries need to shift from exporting commodities to tapping domestic demand

Recent internal instability and external shocks have created a vicious cycle of economic and financial distress in Africa, raising questions about the continent's ability to shape its own destiny
A panoramic photo shows the rapidly growing sustainable energy network constructed by the U.S. Army Corps of Engineers, Sacramento District at Toole Army Depot, Utah, March 22, 2016. When the two turbines, solar array, backup generators, battery storage systems, a micro grid and other planned renewable sources are operational, Tooele expects to become net zero by 2020 – going off grid and producing all of its own energy needs.
CommoditiesEconomyTrade

Coffee exports down on poor Elgon arabica crop

Coffee exports fell for the second consecutive month in December, with arabica shipments down due to a small crop in the Elgon region and rains that delayed drying of new harvests
A woman harvests coffee berries in Yangambi, DR Congo
CommoditiesEconomyTrade

November’s wet days slowed coffee drying, causing exports to fall

Uganda exported 4.8 per cent less coffee in November than a year ago as shipments of robusta beans fell due to rains that delayed the drying of newly harvested coffee
Jute bags containing coffee beans in a café storage area
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