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Who buys Uganda’s gold? Export destinations 2024

In 2024, Uganda exported $4.2 billion of gold (58 tonnes), 0.8% of the world total. The United Arab Emirates bought 60% of the total, followed by Hong Kong (23%) and India (17%). Uganda was the world’s 27th-largest exporter of gold.

Summary

Value
$4.2billion
Tonnes
58tonnes
Share of world total
0.8%
World rank
27th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 7 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United Arab Emirates2.5Tonnes: 34USD per tonne: $73,950,13760.1%Air
Hong Kong re-exports0.98Tonnes: 12USD per tonne: $78,352,66923.2%Air
India0.7Tonnes: 11USD per tonne: $63,311,28716.5%Air
Tanzania< 0.01Tonnes: 0USD per tonne: $75,895,7700.11%Land
Singapore re-exports< 0.01Tonnes: 0USD per tonne: $40,574,3330%Air
South Korea< 0.01Tonnes: 0USD per tonne: $56,272,0000%Air
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $7,319,0000%Air

Trend

Who it sells to

The United Arab Emirates has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • United Arab Emirates 2.5
  • Hong Kong 0.98
  • India 0.7
  • Tanzania < 0.01
  • Singapore < 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates02.5
Hong Kong00.98
India00.7
Tanzania0< 0.01
Singapore0< 0.01

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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