Uganda, Feb. 22 -- Uganda now exports more than it imports from the European Union (EU), which commands a favourable balance of trade position.

The balance, details indicate, has been due to rising coffee exports, while Uganda has seen a significant reduction in machinery imports from EU countries.

Ambassador Jan Sadek, the EU head of delegation to Uganda, said out of the 1.5b euros worth of export between the two markets, Uganda has accrued 800m euros (about Shs3.3 trillion) in export value compared to 700m euros (about Shs2.9 trillion) registered by the EU.

This means for the first time in recent history, Uganda has been able to deliver more exports to the largest single market in the world with a population of approximately 450 mill...