Until recently Vietnam and Uganda shared a similar trajectory in the development of their coffee sectors. Today, Vietnam is the second largest coffee producer in the world. Uganda’s coffee sector has developed slower and produces low yields.
Uganda’s coffee exports in January were 404,673 60-kilo bags worth $48.98 million, a 20.9% rise in volume and 52.5% increase in value compared to the same period last year, according to the Uganda Coffee Development Authority.
Uganda’s coffee exports in November 2016 were 408,027 60-kilo bags worth $50.41 million, a 64% increase in volume and 101% rise in value compared to the same period in the previous year, according to official figures.
Coffee exports in August rose 8.41% month-on-month but fell 9.22% year-on-year, according to figures from the Uganda Coffee Development Authority. Their value however rose 11.19% month-on-month and declined by 7.66% year-on-year.
Real Gross Domestic Product fell 1.3% year-on-year in the third quarter of financial year 2015/2016, compared to a 2.1% growth in the second quarter, according to data from the Uganda Bureau of Statistics.