Trade between Uganda and Rwanda has continued to suffer, despite re-openings of the common land border between the two countries, and easing of COVID-19 restrictions.
Latest export data from Uganda’s Ministry of Finance shows a sharp drop in the value of exports from Kampala in the three months ending March 2022.
The data shows the country’s exports to Rwanda averaged $220,000 monthly, a sharp drop from the $16.6 million monthly average in 2019.
The country’s exporters blame the situation on their exclusion from the government-to-government trade talks.
According to the Finance ministry, Uganda posted trade surpluses with South Sudan and Burundi while deficits were recorded with Tanzania, Kenya and Rwanda.
The data further shows South Sudan recorded the highest trade surplus of $63.19 million given its largest uptake of the country’s exports, mainly food products.
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