Uganda's Exports Hit 10-Year High, Gold Leads Surge
The Story
According to new data from the Bank of Uganda, Uganda’s merchandise export earnings reached a 10-year high of $13.43 billion in 2025. This figure represents a massive increase from the $2.67 billion recorded a decade ago. The surge was primarily fueled by gold, which became the country’s largest foreign exchange earner. Receipts from gold totaled $6.40 billion.
Perspective
The source article from PML Daily reports on the Bank of Uganda data. It states the export earnings reached a 10-year high and that the surge was primarily fueled by gold. The article attributes this information to the new data from the Bank of Uganda.
Why This Matters
The data shows Uganda’s export earnings have grown significantly over a ten-year period, reaching a new high. This indicates a major change in the structure of the country's exports, with gold now being the leading source of foreign exchange earnings.
What's Next
No information about future events or next steps is provided in the source article.