The structure of Uganda’s import and export sector (foreign sector)
Exports
- Uganda mainly exports agricultural (primary) and semi-processed products.
- Uganda exports a few services (invisible exports) for example tourism, electricity, transport, security etc.
- It exports minerals products on a very small scale like copper, cobalt, gold etc.
- Uganda’s exports include traditional and non-traditional cash crops. The traditional cash crops include coffee, cotton, tobacco, tea etc. and the non-traditional cash crops include sunflower, flowers, simsim, fruits like mangoes guavas etc. Other exports include; fish, hides and skins. This implies that Uganda exports a small range of products.
- Uganda’s exports are mainly of poor quality with low value addition. This is because they are mainly exported in their raw form. “
- Uganda exports a few manufactured consumer goods like textiles, plastics, mattresses, soap, cement etc. especially to the neighboring countries
- 7. Uganda’s exports face limited market. They are mainly exported to a few countries like the European Union, COMESA countries, Middle East and the rest of Africa,
- The prices of Uganda’s exports are low and they keep on fluctuating in international markets. This is because the prices of Uganda’s exports are externally determined.
Imports
- Uganda mainly imports manufactured consumer commodities like textiles, drugs, beverages, cosmetics etc.
- Uganda imports producer (capital) goods like machinery, computers, electric equipment etc.
- Uganda imports fuel and petroleum products like petrol, kerosene and diesel.
- Uganda imports skilled manpower in form of expatriates like engineers, doctors etc.
- Uganda imports military hardware in form of guns, bullets, tear gas etc.
- Uganda imports agricultural products like rice from Pakistan, apples from South Africa etc.
7. Uganda’s imports are priced expensively and come from countries like China, Japan, Italy, Germany etc.
CATEGORIES Economics
TAGS Dr. Bbosa Science