Uganda's coffee and cocoa sales jumped 37 percent to $11.1 billion in the year ending July 2025, cutting the trade gap and generating a $1.25 billion payments surplus after a $805 million shortfall the previous year. The Bank of Uganda attributed the gains to stronger commodity prices and to farmer training through the Coffee and Cocoa Value Chain Development Project, which enhanced quality standards.
Import costs climbed 24 percent to $13.7 billion as businesses purchased machinery and materials, yet the trade deficit shrank 16 percent to $2.6 billion. Foreign investment rose 19 percent, adding $4.5 billion to financial accounts, as oil-sector commitments and $808 million in portfolio purchases supported currency stability despite global monetary tightening.
Import costs climbed 24 percent to $13.7 billion as businesses purchased machinery and materials, yet the trade deficit shrank 16 percent to $2.6 billion. Foreign investment rose 19 percent, adding $4.5 billion to financial accounts, as oil-sector commitments and $808 million in portfolio purchases supported currency stability despite global monetary tightening.
