Uganda's
exports
are dominated
by agricultural
products
and its
imports
by manufactured
goods,
a structure
established
in the
colonial
era.
By 1996,
agricultural
products
accounted
for 70%
of exports
and manufactured
products
accounted
for 73%
of imports.[1]
Coffee
accounts
for over
50% of
agricultural
exports.
The trade
deficit
was $609
million
in 1996/97
and continues
to grow
partly
as a
result
of liberalization
of import
regulations
by the
NRM.
Exports
only
covered
47% of
imports,
down
from
70% in
1987.
Uganda's
major
exports
are
coffee,
tea,
gold
and
gold
compounds,
fish
and
fish
products,
maize,
tea,
beans,
and
cotton
to
Europe,
the
United
States,
and
Japan.
Uganda's
largest
trading
partner
is
Spain,
who
accounted
for
$188
million
in
trade
in
1996.
Uganda
imports
petroleum
and
petroleum
products,
electrical
machinery,
transport
equipment,
non-electrical
machinery,
iron,
steel,
and
manufactured
goods
from
Kenya,
the
United
Kingdom,
India,
Japan,
Germany,
France,
South
Africa,
Hong
Kong,
Italy,
and
the
United
States.
Here
are
1996
figures
on
Uganda's
principal
exports
and
imports:
Exported
Item |
|
Million
in US$ |
%of
total |
Coffee |
396,206 |
59.6 |
Gold & gold
compounds |
18,403 |
7.4 |
Fish & fish
products |
39,056 |
5.9 |
Maize |
17,823 |
2.7 |
Tea |
17,059 |
2.6 |
Cotton |
15,329 |
2.3 |
Imported
Item |
Petroleum
& Machinery |
91,792 |
13.4 |
Transport
equipment |
248,546 |
12.4 |
Iron & steel |
38,469 |
6.5 |
Source: The Economist Intelligence Unit. 1998-1999. Country Profile,
Uganda . London: The Unit.
1. The Economist Intelligence Unit. 1998-1999. Country Profile, Uganda. London:
The Unit.