Country Information - Uganda
ECONOMIC BACKGROUNDUganda has substantial natural resources, including fertile soils, regular rainfall, and sizable mineral deposits of copper and cobalt. Agriculture is the most important sector of the economy, employing over 80% of the work force. Coffee is the major export crop and accounts for the bulk of export revenues. Since 1986, the government - with the support of foreign countries and international agencies - has acted to rehabilitate and stabilize the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages. The policy changes are especially aimed at dampening inflation and boosting production and export earnings.
During 1990-2001, the economy turned in a solid performance based on continued investment in the rehabilitation of infrastructure, improved incentives for production and exports, reduced inflation, gradually improved domestic security, and the return of exiled Indian-Ugandan entrepreneurs. Ongoing Ugandan involvement in the war in the Democratic Republic of the Congo, corruption within the government, and slippage in the government's determination to press reforms raise doubts about the continuation of strong growth.
In 2000, Uganda qualified for enhanced Highly Indebted Poor Countries (HIPC) debt relief worth $1.3 billion and Paris Club debt relief worth $145 million. These amounts combined with the original HIPC debt relief added up to about $2 billion. Growth for 2001 was held back because of a continued decline in the price of coffee, Uganda's principal export. (Source: World Factbook, 2002)
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BI-LATERAL TRADE OVERVIEWThe total value of bi-lateral trade flows between Uganda and the United States was valued at close to $ 40 million in 2002, down from approximately $ 50 million in the previous year. Uganda recorded a trade deficit of $ 7,7 million with the U.S. in 2002 (2001: $ 14 million).
The vast majority of Uganda's exports to the U.S. consist of 'agricultural products', while imports into the country from the U.S. are made up of a wider range of product categories. These include mainly 'electronic products', 'agricultural products' and 'chemicals and related products' (see link to Country Trade Profile below).
Although Uganda qualified for the 'Wearing Apparel' provisions on October 23, 2001, by year-end 2002 it had not yet exported any goods under this rule. Total AGOA-eligible exports were still insignificant as of full year 2002 trade data. For AGOA purposes, Uganda is classified as a 'Lesser Developed Country', providing it with a limited opportunity of utilising non-qualifying third country textile inputs in the manufacture of AGOA-eligible apparel exports (until September 30, 2004).
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21 AGOA FORUM 2013: Ethiopia will host the 2013 US-Africa AGOA Forum. AGOA.info has been informed that the Forum will not take place as envisaged on 28 June - 1 July, but at a later date yet to be determined. The theme for this year’s Forum is “Trade and Technology for sustained change”“
21 December 2012: Guinea-Bissau and Mali lose AGOA eligibility
APRIL 2013: Monthly data has been updated to include February 2013 data, quarterly includes full year 2012 data.
New US strategy towards Africa: White House Factsheet on new strategy towards Africa, plus overview of past US engagement with Africa. Click here for the file and this link for a summary article.
02 August 2012: Bill to extend third country fabric provision passes Congress Download the House of Reps. Bill at this link
South Sudan declared AGOA-eligible on 26 March 2012. Earlier, Cote d'Ivoire, Niger and Gambia declared AGOA eligible on 25 October 2011. See news item, presidential declaration and trade overview at this link (S Sudan) and here (others).
US GSP extended and GSP benefits to be applied retrospectively for the year 2011 since expiry of previous GSP. See AGOA.info legal documents section at the following link.
AGOA at 10: Reflections on US-Africa trade with a focus on SACU: Tralac Working Paper that can be downloaded at this
December 2010: The Democratic Republic of Congo loses its AGOA eligibility status. See proclamation here (pdf download available at this link
ITC investigation of textiles and apparel: Further details at this link
AGOA IV – Changes to AGOA explained
For disaggregated trade data covering each AGOA country, follow the relevant link in the Country Sections (left column) or click here.
For detailed AGOA maps click here