Uganda’s export earnings soared to $1.5 billion in October, nearly double the same month last year, according to official data. The surge reflects strong receipts from key commodities.
Coffee, Uganda’s cornerstone export and top source of foreign exchange, benefited from elevated global prices.
As Africa’s leading coffee exporter in 2025, Uganda earned a record $2.4 billion from coffee exports over the year to October.
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Export volumes climbed sharply, with Europe remaining the principal market.
Gold exports also contributed significantly to October’s export rebound.
Earnings from gold shipments more than tripled year-on-year to about $965 million, driven by higher volumes and strong global prices.
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The combined strength of coffee and gold has bolstered Uganda’s external earnings. This boost supports foreign exchange reserves and strengthens the shilling amid broader economic pressures.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
