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Uganda gold production and exports: how much is mined, how much is exported, and why they differ

The short answer

Uganda is a large gold exporter but a small recorded gold producer. United Nations experts, citing Bank of Uganda data, report about 62 tonnes of gold exports worth about USD 6.4 billion in 2025. Uganda's officially recorded mine production in recent years has been measured in kilograms: about 15 kg a year in 2020/21 and 2021/22. The US Geological Survey estimated mine output, mostly artisanal and small-scale, at 1.5 to 3.4 tonnes a year in 2015–2019. UN experts assessed that the 2025 export surge was largely attributable to gold originating in the Democratic Republic of the Congo. So "exported from Uganda" and "mined in Uganda" are different claims, and a buyer offered "Ugandan gold" should ask which one is meant.

Uganda Gold Report is being established as a gold business and does not yet buy, sell or export gold. It does not endorse suppliers, refineries or laboratories and is not affiliated with any government body.

What Uganda records as mine production

These figures come from Uganda's own records, published through its Extractive Industries Transparency Initiative (EITI) reports and the national statistics office.

PeriodRecorded gold productionSource
Fiscal year 2020/2114.96 kgMines directorate figure, Uganda EITI report
Fiscal year 2021/2215 kgMines directorate figure, Uganda EITI report
Calendar year 20220.00421 tonnes (about 4 kg)Energy ministry figure, UBOS Statistical Abstract 2024
Fiscal year 2022/23UGX 0.70 billion by valueUganda EITI report summary

These are records of production that passed through the official system. The US Geological Survey estimated Uganda's mine output, mostly artisanal and small-scale, at 1.5 to 3.4 tonnes a year in 2015–2019; that is an estimate, not a record. A large-scale gold mine in Busia District was commissioned in August 2025, with a reported capacity of about 1.2–1.5 tonnes a year.

What Uganda exports

Uganda's gold exports as reported in its customs statistics to UN Comtrade (all forms of gold, calendar years):

YearValueWeight
2015USD 35.6 million1,026 kg
2017USD 415.7 million10,583 kg
2020USD 1,818.0 million32,733 kg
2021USD 1,032.9 million18,343 kg
2023USD 2,228.6 million36,643 kg
2024USD 3,377.4 million46,314 kg (quantity field; net weight blank)
2025about USD 6.4 billionabout 62 tonnes (Bank of Uganda data cited by UN experts)

Headline figures use different periods. The Bank of Uganda's USD 5.8 billion covers the 12 months to November 2025; some reports call it “2025”. The UN experts give USD 6.4 billion for 2025. Always check which period a figure covers.

2022 is the outlier. Uganda's statistics office recorded only about USD 0.5 million of gold exports that year, and no figure was filed with UN Comtrade. Yet the United Arab Emirates, India and Hong Kong together recorded about 34 tonnes of gold imports from Uganda in 2022. Our reading is that gold kept leaving Uganda but was largely missing from its published trade statistics that year.

Where the exported gold goes

In partner countries' own import statistics, the United Arab Emirates is the main recorded destination for gold from Uganda, followed by India and Hong Kong. Switzerland reports no direct imports of gold from Uganda in UN Comtrade for any year from 2015 to 2025. Partner statistics show the direction of trade, not proof of any single shipment.

Why exports are so much larger than production

The gap is too large to be explained by Ugandan mining. Even using the US Geological Survey's highest estimate of artisanal and small-scale output, plus the new Busia mine at full-year capacity, domestic production could account for only a small fraction of the gold Uganda exports; by our arithmetic, under 10% (at most about 8%) in 2025.

In most years since 2019 (2022 is the exception) Uganda has declared gold imports that roughly match its exports on paper, so on paper it works as a refining and transit hub. But UN experts found that the countries Uganda named as the origins of its 2025 gold imports do not report gold exports to Uganda in their own statistics. They assessed the 2025 surge as largely attributable to gold originating in the Democratic Republic of the Congo, and said the simplest and most consistent explanation is that Uganda's refining sector is predominantly supplied by gold from eastern Congo.

Refining gold in Uganda does not make it Ugandan-mined gold.

What this means if you are offered Ugandan gold

An offer or document describing gold as “Ugandan” may mean exported from Uganda, refined in Uganda or mined in Uganda. Ask which, and ask for the evidence: the export permit and certificate of origin for the consignment, and, if the gold is said to be mined in Uganda, the licensed mine or mineral right it came from.

Buyers downstream will ask the same questions. LBMA's guidance tells refiners to treat as high risk gold claimed to come from a country with limited known reserves, or through a country through which gold from conflict-affected and high-risk areas is known, or reasonably suspected, to transit. UN experts have called for strengthened due diligence by companies sourcing through Uganda. No Ugandan refinery appears on LBMA's Good Delivery List.

See buying gold from Africa for the rules in destination markets, gold doré for how unrefined gold is valued and why unrefined Ugandan gold does not match the export route the ministry describes, and our scams guide for checks on a seller.

How reliable are these figures?

Uganda's gold statistics come from several series, and they do not always agree. Customs, central bank, tax authority and audit figures use different periods (calendar year, fiscal year, rolling 12 months). The statistics office printed a figure of 3 tonnes of production for 2020, which conflicts with every other source and is probably a unit error. Uganda's import records give different weights for the same imports, so import and export weights cannot be compared directly. Partner countries' statistics sometimes differ from Uganda's own. We state the source and period for every figure on this page.

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About this page

Uganda Gold Report is being established as a gold business and does not yet buy, sell or export gold. It does not endorse suppliers, refineries or laboratories and is not affiliated with any government body. We name no company in connection with the findings summarised here. If you have a question this page does not answer, write to info@ugandagoldreport.com.

What this page cannot tell you

The figures come from different official series with different periods and bases, and some conflict. We have not obtained the Bank of Uganda's own annual export series; the 2025 figures come from the UN experts' citation of Bank of Uganda data and from press reports of the bank's statements. Partner-country statistics show direction, not proof. This page does not say where any particular consignment came from, and it is not legal advice.

Sources and evidence for this page

Evidence for this page

Each statement is labelled by the strength of its evidence and dated. How we label evidence.

StatementEvidenceSourceChecked
Recorded gold production (mines directorate) was 14.96 kg in fiscal year 2020/21. Official Uganda EITI Report FY2020/21, Table 55
Recorded gold production (mines directorate) was 15 kg in fiscal year 2021/22. Official Uganda EITI Report FY2021/22, Table 29 (printed p.134)
The energy ministry's gold production figure for calendar 2022 is 0.00421 tonnes. Official UBOS Statistical Abstract 2024, Table 3.1
Recorded gold production in fiscal year 2022/23 was UGX 0.70 billion by value. Official Summary of Uganda EITI Report FY2022/23 (Nov 2025)
USGS estimated Uganda's gold mine output, mostly artisanal, at 1.5 to 3.4 tonnes a year in 2015–2019 (estimate). Official USGS Minerals Yearbook 2019, Uganda
Uganda-reported gold exports (HS 7108) to UN Comtrade: 2015 USD 35.6m / 1,026 kg; 2017 USD 415.7m / 10,583 kg; 2020 USD 1,818.0m / 32,733 kg; 2021 USD 1,032.9m / 18,343 kg; 2023 USD 2,228.6m / 36,643 kg; 2024 USD 3,377.4m / 46,314 kg (quantity field; net weight blank); no filing for 2022. Verified UN Comtrade, Uganda (reporter 800), HS 7108, queried 13 Sep 2026
UN experts, citing Bank of Uganda data, report about 62 tonnes of gold exports worth about USD 6.4 billion in 2025, assess the surge as largely attributable to DRC-origin gold, and find that the declared origin countries do not report gold exports to Uganda. Official UN Group of Experts on the DRC, final report S/2026/466, para. 212 and annex 66
UN experts said that “the simplest and most consistent explanation … is that Uganda's gold refining sector is predominantly supplied by gold originating from eastern DRC”. Official UN Group of Experts on the DRC, final report S/2026/466, annex 66
The Bank of Uganda put gold export earnings at USD 5.8 billion for the year ending November 2025, against USD 3.3 billion a year earlier. Reported Daily Monitor, 9 Jan 2026, citing Bank of Uganda
In 2022 UBOS recorded about USD 0.5m of gold exports and Uganda filed none with Comtrade, while the UAE (20,560 kg), India (7,980 kg) and Hong Kong (5,397 kg) recorded gold imports from Uganda. Verified UBOS Statistical Abstract 2024; UN Comtrade partner (mirror) data, HS 7108, queried 13 Sep 2026
The UAE is the main recorded destination of gold from Uganda, followed by India and Hong Kong; Switzerland reports no direct gold imports from Uganda in any year 2015–2025. Verified UN Comtrade partner (mirror) data, HS 7108, queried 13 Sep 2026
A large-scale gold mine in Busia District (Wagagai) was commissioned on 16 August 2025 according to the DGSM commissioning notice, while the Uganda Investment Authority gives 18 August 2025; the two official sources differ by two days and we have not established which date is correct. Expected annual output is about 1.2 tonnes (mines directorate) or about 1.5 tonnes (UN experts). Official Directorate of Geological Survey and Mines (DGSM), commissioning notice (Busia site, 16 Aug 2025, 1.2 t a year); UN Group of Experts on the DRC, final report S/2026/466, annex 66 (August 2025, about 1.5 t a year)
LBMA refiners treat gold claimed to originate from a country with limited known reserves, likely resources or expected production levels, or from a country through which gold from conflict-affected and high-risk areas is known, or reasonably suspected, to transit, as high risk. Verified LBMA Responsible Gold Guidance v9, Step 2
No Ugandan refinery appears on LBMA's Good Delivery List for gold. Independently evidenced LBMA Good Delivery List, gold (current list), checked 13 Sep 2026
Under 10% (at most about 8%) of Uganda's 2025 gold exports could have been Ugandan-mined: (3.4 t + 1.5 t) / 62 t = 7.9%. Assumptions: artisanal output no higher than the USGS maximum of 3.4 t (2015–2019 estimates); the new large-scale Busia mine at a full-year capacity of 1.5 t (UN experts; the mines directorate gives 1.2 t), although it started in August 2025; all domestic output counted within the 62 t. Inference Uganda Gold Report calculation from the USGS, UN Group of Experts and mines-directorate sources listed above

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