Business 26 May 2026 Daily Monitor (Uganda)
Uganda's Export Landscape Shifts Dramatically from Coffee to Minerals and Manufactured Goods
Uganda's export economy is undergoing a significant transformation, moving beyond its traditional agricultural base to embrace precious metals, jewelry, and manufactured goods as key revenue earners. Coffee, once the undisputed export champion, has been surpassed by mineral exports, indicating a maturing and diversifying trade profile. Source: https://www.monitor.co.ug/uganda/business/markets/uganda-s-export-revolution-from-coffee-to-gold-and-manufactured-goods-5474612
For decades, Uganda’s economic identity was closely tied to agricultural products like coffee, tea, and cotton. However, recent data from the Uganda Revenue Authority (URA) reveals a remarkable shift: the nation’s export sector is evolving into a more industrialized and globally integrated economy.
Total exports have more than tripled in recent years, surging from Shs13.16 trillion to Shs40.33 trillion by June 2025. This export boom coincides with a broader economic expansion, highlighting the increasing role of trade in Uganda’s development.
The most striking change is the ascendancy of precious metals and jewelry, which now dominate export earnings. These commodities generated Shs15.82 trillion in the year to June 2025, accounting for nearly 40% of all exports. This surge is largely attributed to gold refining, mineral processing, and re-export activities, with destinations like the UAE and Hong Kong playing a crucial role.
While precious metals lead, other sectors are also showing robust growth. Coffee, tea, and spices still hold a significant position, contributing Shs7.63 trillion. Beyond traditional crops, Uganda is seeing promising returns from processed goods such as cocoa and chocolate (Shs1.96 trillion), printed books (Shs3.12 trillion), and sugar products (Shs778.42b).
Manufacturing and industrial exports are also on the rise. The country is exporting increasing amounts of motor vehicles and tractors, petroleum products, iron and steel, milling products, and machinery. This diversification indicates a steady expansion of domestic processing and manufacturing capabilities.
Uganda’s trade geography is also broadening. While regional markets remain vital, connections with major hubs in the Middle East, Asia, and Europe are strengthening. The UAE is the top destination, followed by Hong Kong, while Italy, the DR Congo, Kenya, and the US are also significant trading partners.
This transformation positions Uganda not just as an agricultural exporter but also as a mineral exporter, a regional manufacturing hub, and a key participant in global value chains. The growing importance of processed goods and manufactured items signals a move towards adding more value to the nation’s produce.
The data reflects a dynamic evolution in Uganda’s export sector, driven by increased industrial activity and deeper integration into international markets. The shift from a purely agriculture-based export economy to one that includes significant mineral and manufactured goods represents a maturing and diversifying economic landscape.