Uganda has achieved a significant milestone in its export sector, earning a record $14.4 billion (Shs. 53.643 trillion) in 2025, according to Secretary to Treasury Ramathan Ggoobi.
This is the first time the country has reached such a high export value, driven by strong performance in key sectors like gold, coffee, and tourism.
Ggoobi revealed this figure while appearing before Parliament's Public Accounts Committee (PAC) to address queries from the Auditor General's report for the Ministry of Finance.
The export earnings are a testament to Uganda's growing economic resilience, with the country's economy expanding by 6.3% in FY 2024/25 and projected to grow by 7% in FY 2025/26.
The main contributors to this growth include:
- Gold exports: $5.8 billion (Shs21.1 trillion) in 2025, up 44% from the previous year
- Coffee exports: $2.4 billion (Shs8.7 trillion) in 2025, up 40% from the previous year
- Tourism: $1.7 billion in earnings in FY 2024/25, supported by improved security and infrastructure investments
Ggoobi says Uganda's export destinations include the United Arab Emirates, Italy, Kenya, DRC, and South Sudan.
He says the country's strategic location in East Africa and government initiatives to support export growth have contributed to this success.
