Gold exports from Uganda: data, top buyers and prices
Exports of gold by Uganda reached $4.21 billion in 2024 (58 tonnes). Its share of world exports was 1%. Value rose 4% on 2023. Over 2017-2024 the trade grew strongly, by about 228% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.21B | 58 t |
| 2023 | $4.05B | 70 t |
| 2022 | $1.92B | 34 t |
| 2021 | $1.40B | 21 t |
| 2020 | $3.47B | 64 t |
| 2019 | $2.97B | 71 t |
| 2018 | $1.65B | 43 t |
| 2017 | $1.0M | - |
Where Uganda exports gold to
One buyer market dominates: United Arab Emirates accounted for 60% of the value. Among the main buyer markets, Hong Kong grew fastest (+45% on the year before).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $2.53B | 60% |
| Hong Kong | $977.1M | 23% |
| India | $696.0M | 17% |
| Tanzania | $7.6M | 0.2% |
| South Korea | $113K | 0% |
| Singapore | $92K | 0% |
| Netherlands | $7K | 0% |
Product types under HS 7108
| 7108.13 | Gold semi-manufactured forms | 80% |
| 7108.12 | Metals: gold, non-monetary, unwrought (but not powder) | 20% |
Codes and full descriptions: HS heading 7108.
Average export price per kg
The average declared value was about $72,869.95 per kg, 26% above the world average of $57,889.60. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Gold imports to Uganda
Uganda imported $3.27 billion of gold in 2024 (84 tonnes). Its share of world imports was 1%. Most of the value came from Tanzania (38%), Burkina Faso (13%), South Africa (12%). Among the main suppliers, Mali grew fastest (+396% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Tanzania | $1.25B | 38% |
| Burkina Faso | $432.5M | 13% |
| South Africa | $400.7M | 12% |
| Mali | $361.0M | 11% |
| Mozambique | $355.5M | 11% |
| Cameroon | $248.2M | 7.6% |
| Ghana | $222.1M | 6.8% |
Who is behind these numbers in Uganda?
The shipment records behind Uganda gold exports (HS 7108): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form.
Common questions
What is the value of gold exported by Uganda?
Uganda exported gold worth $4.21 billion in 2024, the latest year with complete public data, about 58 tonnes. That ranks it 27th of 157 countries worldwide, with 1% of world exports. The value was up 4% on 2023.
Which countries buy gold from Uganda?
The United Arab Emirates was the largest buyer with 60% of the value ($2.53 billion), followed by Hong Kong (23%) and India (17%). The top three together account for 100%, out of 7 buyer countries in total. South Korea grew fastest among the top ten, up 196% on the year.
What is the average export price of gold per kg?
The average declared export value was about $72,869.95 per kg in 2024, 26% above the world average of $57,889.60 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of gold from Uganda changed since 2017?
Exports went from $1.0 million in 2017 to $4.21 billion in 2024. 2024 was the highest year in the period. Over 8 years the average was $2.46 billion a year.
Does Uganda also import gold?
Yes. Uganda imported $3.27 billion worth of this product in 2024, mainly from Tanzania, Burkina Faso and South Africa. On balance Uganda is a net exporter of this product, by about $939.1 million a year.
What is the HS code for gold?
The HS code for gold is heading 7108. In Uganda the largest six-digit codes were 7108.13 (80% of the value) and 7108.12 (20%).
How can I find the companies behind this trade?
Shipment-level records for Uganda reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
Gold product types in Uganda
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