Uganda, located in central east Africa, shipped US$1.68 billion worth of goods around the globe in 2021<\/strong> and this estimated dollar amount reflects a -42.1% reduction from $2.9 billion 5 years earlier in 2017.\u00a0 The value of Ugandan exports has depreciated by -59.5% compared to the $4.15 billion for 2020.<\/p>\n Uganda\u2019s 3 most valuable exported goods in 2021 were coffee, cocoa beans, and sugar<\/strong>. Combined, that trio of top Ugandan exports approached half (45%) of the African nation\u2019s total exports by value.<\/p>\n According to recent data, 87.2% of products exported from Uganda were bought by importers in: United Arab Emirates (44.5% of Uganda\u2019s global total), Kenya (11.2%), South Sudan (8.6%)<\/strong>, Democratic Republic of the Congo, (6.4%), Italy (3.3%), Tanzania (2.29%), Germany (2.26%), Sudan (2.17%), Netherlands (1.9%), Belgium (1.7%), Burundi (1.41%) and the United States of America (also 1.41%).<\/p>\n 51.6% of Uganda\u2019s exports by value were delivered to Asian countries while 34.2% were sold to importers also in Africa.<\/strong> Uganda shipped another 12.6% worth of goods to Europe. While (1.6%) goes to North America, (0.1%) goes to Latin America excluding Mexico but including the Caribbean, then (0.01%) to Australia and New Zealand in Oceania.<\/p>\n Uganda’s Top 10 exports accounted for 77.4% of the overall value of its global shipments and they include:<\/strong><\/p>\n Uganda’s product shipments that bring about trade surplus (that is the amount by which foreign spending on a home country\u2019s goods or services exceeds or lags the home country\u2019s spending on foreign goods or services) include:<\/strong><\/p>\n Uganda’s product shipments that bring about a trade deficit (that is where foreign spending on home country Uganda\u2019s goods trail Ugandan importer spending on foreign products) include:<\/strong><\/p>\n \u00a0<\/p>\n Research Sources: 1. Global Shipment Uganda, located in central east Africa, shipped US$1.68 billion worth of goods around the globe in 2021 and this estimated dollar amount reflects a -42.1% reduction from $2.9 billion 5 years earlier in 2017.\u00a0 The value of Ugandan exports has depreciated by -59.5% compared to the $4.15 billion for 2020. 2. Top […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-3650","post","type-post","status-publish","format-standard","hentry","category-resources"],"acf":[],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/3650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/comments?post=3650"}],"version-history":[{"count":0,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/3650\/revisions"}],"wp:attachment":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media?parent=3650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/categories?post=3650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/tags?post=3650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}2. Top Goods<\/h4>\n
3. Top Buyers<\/h4>\n
4. Top Destination<\/h4>\n
5. Top Exports<\/h4>\n
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6. Top Surplus<\/h4>\n
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7. Top Deficit<\/h4>\n
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\n<\/em>If you want to find out more about how you can pay suppliers or make cross-border payments;\u00a0 please complete the form<\/a> and we will have a payments expert reach out.<\/h6>\n
\nThe World Factbook Africa: Uganda.<\/em>
\nInternational Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity)<\/em>
\nWikipedia, Gross domestic product.<\/em><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"