Uganda Export Data
Another name for Uganda is the Republic of Uganda. You will find Uganda in East Africa. The nation borders several other nations, including Kenya, Tanzania, Rwanda, and the Democratic Republic of Congo. The nation is growing towards Lake Victoria in the south. In the sub-Saharan country of Uganda, agriculture is the main driver of the economy. In Africa, Uganda is ranked 23rd in terms of land area. Concerning area, Uganda is ranked 75th in the world. Uganda ranked 115th out of 226 countries as an exporter of products. In today's globalized world, understanding international trade dynamics has become crucial for businesses and governments alike. For a country like Uganda, export data plays a vital role in evaluating economic performance, identifying market opportunities, and formulating effective trade policies.
According to Uganda’s export data, Uganda's exports of goods were valued at $6.2 billion in 2023. Uganda's goods exports rose by 76% in 2023 from the previous year. Uganda’s current total GDP is $45 billion, with a GDP export share of 13.78%. Coffee, tea, and fish are Uganda’s biggest exports in 2023, while Kenya is its biggest export partner. Uganda is part of significant trading blocs such as EAC and COMESA. Let us now delve into the significance of Uganda's export data, focusing on the latest trends and forecasts for 2023.