Uganda, Africa’s top coffee exporter, saw the value of its coffee exports skyrocket by 82.9% in August compared to the same month last year, driven by soaring global prices. According to the Uganda Coffee Development Authority (UCDA), the country shipped 837,915 bags of coffee, worth $221.6 million, in August 2024.
“The value of coffee exports surged as global prices continue to climb due to dry conditions in Brazil and Vietnam, which are impacting coffee crop yields,” the UCDA reported.
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Last August, Uganda exported 743,517 bags, valued at $121.64 million. Over the 12 months leading up to August, the country earned $1.4 billion from coffee exports, marking a sharp increase from $918.4 million in the previous year.
Daily Telegraph
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