Business 17 August 2026 Daily Monitor (Uganda)
Uganda-Vietnam Trade Surges to $95.4 Million, Fueled by Coffee and Tech Partnerships
Bilateral trade between Uganda and Vietnam has significantly increased, reaching $95.4 million, driven by growing demand for Ugandan coffee and leather, alongside Vietnamese technological expertise and investment. The two nations are exploring joint ventures in sectors like coffee processing, digital payments, and agro-tech. Source: https://www.monitor.co.ug/uganda/news/national/uganda-vietnam-trade-jumps-to-95-4-million-as-both-countries-push-coffee-tech-deals-5561370
Trade volume between Uganda and Vietnam experienced a substantial jump, reaching $95.4 million in the past year. This growth was highlighted at the Pearl of Africa Business Forum (Vietnam Chapter), where both nations underscored their commitment to deepening economic ties.
Vietnam’s Deputy Minister of Foreign Affairs, Le Anh Tuan, noted that bilateral trade grew from $28.6 million in 2024 to $53.4 million in 2025, with the overall trade figure reaching $95.47 million. Vietnam expressed interest in partnering with Uganda, leveraging Uganda’s market and resources with Vietnam’s technological advancements and experience.
Vietnamese investment in Uganda currently stands at $40 million, with additional commitments in gold exploration and construction. During the period, Uganda’s primary exports to Vietnam included coffee, cotton, and meat, while imports from Vietnam comprised animal feed, cement, electronics, and garments, resulting in a trade surplus for Uganda.
The opening of the Africa Continental Free Trade Area has also facilitated new opportunities, with Vietnamese buyers seeking a consistent supply of Ugandan coffee and leather. Discussions also explored the potential for Ugandan distribution networks into neighboring African markets like Kenya, Rwanda, South Sudan, and the Democratic Republic of Congo.
Significant progress was made in the technology sector, with Ugandan and Vietnamese tech firms engaging in discussions on cross-border digital payments, coffee traceability through agro-tech, and a business process outsourcing pilot project. The countries also signed a Collaboration Agreement on Coffee Value Chain Development, with a focus on tangible benefits for farmers, such as improved pricing.
This enhanced economic cooperation builds upon over 50 years of diplomatic relations, revitalized by President Museveni’s visit to Hanoi in 2022, aiming to foster industrialization and agricultural transformation.
Source: Daily Monitor (Uganda)