Uganda's Exports to Turkey Increase by 30% in 9 Months

Kp Reporter·Business·

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Uganda's Exports to Turkey Increase by 30% in 9 Months

Uganda's exports to Turkey increased by 30% in the first 9 months of 2021, according to Fikret Kerem Alp, the Turkish ambassador to Uganda. The ambassador...

Uganda's exports to Turkey increased by 30% in the first 9 months of 2021, according to Fikret Kerem Alp, the Turkish ambassador to Uganda.

The ambassador attributed the growth to strong and enabling diplomatic policies established between the two countries.

"Clearly, increased contacts between our citizens had positive consequences for our bilateral trade. Our trade volume reached its peak in 2019, before the pandemic. Yet, in spite of the lockdowns, we managed to increase trade volume in 2020 by around 50%," the ambassador said in a statement.

"Our motto is: if Turkish traders want to sell more to Uganda, they should buy more from Uganda. This formula has worked well in 2021, Uganda’s exports to Turkey in the first 9 months of 2021 has increased by 30%."

Alp noted that by the end of 2021, total bilateral trade is expected to reach all-time record of US $70 million.

President Yoweri Museveni in October met with a delegation of investors from Turkey whom he impressed upon the idea of investing “in Uganda’s vibrant fruit processing sector”.

In a post-meeting statement, the Turkish embassy said it would focus on simsim and coffee initially, before transitioning to other sectors.

“Message well received from His Excellency and we shall focus on coffee, simsim and other food processing sectors for which Turkey is a big export market,” read the statement.

“We thanked him for keeping Uganda in peace and our investors safe.”

Turkey and Uganda have had diplomatic relations since 1969 and the Asian nation opened an embassy in Kampala in 2010.

Uganda's Embassy in Ankara was commissioned in 2011 and it is currently headed by Stephen Mubiru.

Away from trade, Turkey supports Uganda in its humanitarian activities, Ugandans have benefited from scholarships in Turkey and the two nations have strong security ties.

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