KAMPALA, Dec 18 (Reuters) - Uganda's export earnings nearly doubled in October from the same period last year driven by a surge in revenue from commodities such as coffee, cocoa and gold, a ministry of finance report showed on Thursday.
The East African country's merchant goods export earnings rose to $1.5 billion in October from $769.6 million in the same month in 2024, according to the report.
Uganda is Africa's largest exporter of coffee and its earnings from the crop have been surging in recent months, boosted by high global prices.
Uganda's earnings from gold shipments more than tripled to $964.6 million in October from revenues earned in the same month a year ago, according to Bank of Uganda data.
Gold prices have surged this year, fuelled by factors including safe-haven demand and U.S. dollar weakness.
(Reporting by Elias Biryabarema; Editing by Kate Mayberry)
