KAMPALA, June 18 (Reuters) – Uganda’s merchandise exports surged 27.3% in April from the same month a year earlier, helped by a steep increase in shipments of gold and other minerals, the finance ministry said in a report on Thursday.
The east African country has emerged as a major regional gold processing and trading hub, taking in $5.8 billion from exports of bullion last year.
In April, Uganda exported $1.4 billion worth of goods, up from $1.1 billion a year earlier, according to the report.
Bullion shipments rose 87% to $866 million, as rising global prices drove shipment volumes up, the report said.
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