Wednesday 24 April 2024
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Uganda exports continue to recover

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DESCAMEX COFFELOVERS 2024
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Exports from Uganda, Africa’s biggest coffee exporter, surged 19 percent on year in August, according to figures from UCDA’s monthly report. Shipments rose to 320,297 60-kg bags, up from 268,033 bags in the same month of 2014.

The rise was the third in a row, as shipments from the continent’s largest exporter of the commodity continue to recover from a seven-month streak of annual falls due to the effects of a drought suffered earlier in the year.

DVG De Vecchi

During the first 11 months of CY 2014/15, Uganda sold abroad 3.17 million bags of coffee earning $381 million, the state-run Authority also said in its report.

This represents a 3.6 percent drop in volume, but a 4 percent rise in value. UCDA sees September shipments up 34 percent on year to 280,000 bags. Uganda is Africa’s second biggest producer behind Ethiopia.

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Coffee is one of the country’s major foreign exchange earners. The main harvest is currently underway in the central and eastern parts of the country

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