2023
Exports
$3.16BWorld Rnk 32 / 167
Flag Rnk 1 / 973
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$1.9BWorld Rnk 23 / 174
Flag Rnk 2 / 1146
2023
ECONOMIC COMPLEXITY of Uganda
-0.62Rnk 91 / 132

About

Exports In 2023, Uganda exported $3.16B in Gold, making it the 32nd largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Uganda. The main destination of Gold exports from Uganda are: India ($1.42B), United Arab Emirates ($1.07B), Hong Kong ($672M), Italy ($534k), and Spain ($137k).

The fastest growing export markets for Gold of Uganda between 2022 and 2023 were India ($1B), Hong Kong ($367M), and Italy ($534k).

Imports In 2023, Uganda imported $1.9B in Gold, becoming the 23rd largest importer of Gold in the world. At the same year, Gold was the 2nd most imported product in Uganda. Uganda imports Gold primarily from: Tanzania ($1.05B), Ghana ($234M), Mozambique ($182M), South Africa ($132M), and Burkina Faso ($109M).

The fastest growing import markets in Gold for Uganda between 2022 and 2023 were Tanzania ($1.05B), Ghana ($234M), and Mozambique ($182M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.16B
IMPORTS (2023)$1.9B
NET TRADE (2023)$1.26B

In 2023, Uganda exported $3.16B in Gold. The main destinations of Uganda exports on Gold were India ($1.42B), United Arab Emirates ($1.07B), Hong Kong ($672M), Italy ($534k), and Spain ($137k).

In 2023, Uganda imported $1.9B in Gold, mainly from Tanzania ($1.05B), Ghana ($234M), Mozambique ($182M), South Africa ($132M), and Burkina Faso ($109M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Uganda WERE (2022 - 2023):
India$1B (241%)
Hong Kong$367M (120%)
Italy$534k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Uganda WERE (2022 - 2023):
United Arab Emirates-$127M (-10.6%)
South Korea-$107k (-100%)
Oman-$58.1k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uganda's main exporting competitors in Gold were:
In 2023, Uganda's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $255M
TOP IMPORT POTENTIALTanzania+ $2.36M

Gold’s highest export potential is India. With an export gap of $255M.   Gold’s highest import potential is Tanzania with an import gap of $2.36M.

See methodology.

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