{"id":12406,"date":"2021-06-17T12:26:42","date_gmt":"2021-06-17T12:26:42","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge"},"modified":"2021-06-17T12:26:03","modified_gmt":"2021-06-17T12:26:03","slug":"ugandas-imports-from-tanzania-surge","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge","title":{"rendered":"Uganda\u2019s imports from Tanzania surge"},"content":{"rendered":"

Africa-Press<\/a> – Uganda<\/a>. <\/strong><\/span>Uganda\u2019s imports from Tanzania almost doubled in April, signaling an increased reliance on East Africa\u2019s second largest economy.<\/p>\n

According to the Bank of Uganda monthly performance report, Uganda, during April , imported goods worth $125m (Shs443b), representing an increase of 25 per cent.<\/p>\n

This was up from $92.9m worth of goods imported in March, which according to the United Nations (Comtrade) database on international trade, contributed to a cumulative import bill of $743.68m (Shs2.6 trillion) from Tanzania during 2020.<\/p>\n

Tanzania remains one of Uganda\u2019s strategic trade partners. However, the two countries have had trade challenges in the last two years, with Tanzania blocking some of Uganda\u2019s exports including sugar.<\/p>\n

Uganda mainly imports machinery, agriculture products, and medicines from Tanzania. During the period ended December 2029, according to Comtrade, Uganda imported pearls, precious stones, metals, coins from Tanzania, which cost $591.26m.<\/p>\n

These were the leading imports followed by cereals such as rice and wheat, which cost $79.76m.<\/p>\n

Other imports include edible vegetables and roots, tubers, iron and steel, fish, crustaceans, molluscs, aquatics, paper and paperboard, articles of pulp, paper and board.<\/p>\n

Dr Adam Mugume, the Bank of Uganda executive director research, yesterday attributed the surge to gold imports, noting that Tanzania was one of the main source of Uganda\u2019s gold re-exports.<\/p>\n

Bank of Uganda data indicates that during April, Uganda earned $175.61m (Shs623b) from gold up from $155.9m (Shs552b) in March.<\/p>\n

Regional economic analyst Alykhan Satchu, said the increase was an important signal to the Samia Suluhu Hassan administration, noting that it is designed to accelerate reciprocated trade between the two countries.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. Uganda\u2019s imports from Tanzania almost doubled in April, signaling an increased reliance on East Africa\u2019s second largest economy. According to the Bank of Uganda monthly performance report, Uganda, during April , imported goods worth $125m (Shs443b), representing an increase of 25 per cent. This was up from $92.9m worth of goods imported […]<\/p>\n","protected":false},"author":84,"featured_media":12405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,240,234],"class_list":["post-12406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nUganda\u2019s imports from Tanzania surge - Uganda<\/title>\n<meta name=\"description\" content=\"Uganda\u2019s imports from Tanzania almost doubled in April, signaling an increased reliance on East Africa\u2019s second largest ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda\u2019s imports from Tanzania surge\" \/>\n<meta property=\"og:description\" content=\"Uganda\u2019s imports from Tanzania almost doubled in April, signaling an increased reliance on East Africa\u2019s second largest ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-17T12:26:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2021\/06\/img-60cb3f3942756.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Uganda\u2019s imports from Tanzania surge\",\"datePublished\":\"2021-06-17T12:26:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge\"},\"wordCount\":274,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2021\/06\/img-60cb3f3942756.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-imports-from-tanzania-surge\",\"name\":\"Uganda\u2019s imports from Tanzania surge - 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