Which products should Uganda leverage for export diversification?

Submitted by on Fri, 03/03/2023 - 05:18

This brief underscores the need to support export diversification in order to reduce Uganda’s trade deficit, address distortions in trade attributed to COVID-19 pandemic and other shocks such as climate change and geopolitical related issues, and to sustain economic growth and development. The brief indicates that light manufacturing and agricultural sectors have a high potential for export diversification, relative to other sectors. Additionally, Uganda’s potential export markets have been identified as Africa, Europe and Asia.

The findings and recommendations of this brief are critical in guiding the next National Export Development Strategy on the country’s strategic direction to accelerate export development and market access.