Uganda’s formal exports to EAC Partner States have been on the rise, increasing to Shs4.7 trillion from Shs1.6 trillion in just eight years, according to the Trade and Investment Report by the Ministry of Finance.
Uganda’s exports to the rest of the regional players was US$425.2 million in 2010, but jumped to US41.25 billion by the end of December 2018.
The report indicates that exports to Kenya and South Sudan registered the fastest growth. Exports with Kenya jumped from US$180 million in 2010 to US$580 million in 2018.
Trade with Burundi and Tanzania remained relatively low, below Shs380 billion while exports to Rwanda averaged at Shs800 billion.
The East African Community remains the leading destination for Uganda exports, which are largely composed of unprocessed agricultural products.
