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Uganda's annual coffee exports hit $1.14 Billion, a 30 year record

Uganda's coffee exports have reached their highest foreign exchange earnings in 30 years, driven by improved quantity and quality, the Uganda Coffee Development Authority (UCDA) announced on Thursday. According to the UCDA's latest report, the country earned $1.14 billion from coffee exports in the fiscal year 2023/2024, marking a significant increase from the $846 million earned in the previous year.

Ugandan coffee export earnings have hit a 30 year record
  • Uganda's coffee exports reached a 30-year high in foreign exchange earnings, totaling $1.14 billion in FY 2023/2024
  • The country exported 6.13 million bags of coffee, a 6.33% increase in quantity and a 35.29% increase in value compared to the previous year
  • Europe is the largest export market for Uganda's coffee, followed by Asia, North America, and Africa
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The report highlighted that Uganda exported 6.13 million bags of coffee in the fiscal year 2023/2024, up from 5.76 million bags the previous year. This represents a 6.33% increase in quantity and a remarkable 35.29% increase in value. The surge in both volume and earnings underscores the effectiveness of enhanced production and post-harvest handling practices.

"Uganda Coffee is in high demand in global coffee markets for its quality," stated the UCDA.

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Europe remains Uganda's largest export market, followed by Asia, North America, and Africa. The UCDA attributed the higher yields and improved coffee quality to effective regulation and support for farmers.

This regulatory framework has resulted in farmers earning the highest prices seen in 30 years, with the UCDA generating revenue of UGX 822 billion in FY 2023/24.

Approximately 1.7 million households in Uganda depend on coffee production, making it a critical commodity for the country's economic development. The UCDA's focus on enhancing coffee quality and production processes has not only increased earnings but also strengthened Uganda's position in the global coffee market.

Looking ahead, the UCDA is optimistic about the future of Uganda's coffee industry. With the current growth trajectory, the Coffee Roadmap target of producing 20 million 60 kg bags by 2030 appears achievable.

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The roadmap, signed by President Yoweri Kaguta Museveni in 2017, aims for foreign exchange earnings of $1.5 billion annually from these 20 million bags.

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