Ugandan exports to Rwanda flourish on food supplies, raw materials
Travellers on the Gatuna-Katuna border between Rwanda and Uganda. Traders say sale of foodstuffs at the border has stopped because Rwanda now demands for licences to bring in goods. PHOTO | FILE | NMG
Rwanda’s appetite for imports from Ugandan grew to a record $60.55 million in the fourth quarter of 2022 from $15.64 million in the first nine months to September as Kigali turned to her regional neighbours for food supplies and raw materials.
Latest Bank of Uganda trading data shows exports, which had stagnated in single-digit millions of dollars between January and September 2022, grew to an average of $20 million monthly between October-December.
