Uganda benefits from an EU initiative called the Generalised Scheme of Preferences (GSP). Specifically, the country falls under the GSP arrangement known as "Everything But Arms", which grants duty-free access to imports of all products from Least Developed Countries – except weapons and ammunition.
Uganda is a member of the East African Community (EAC), which also includes Kenya, Tanzania, Rwanda, Burundi. The EAC has been a Common Market since 2010.
The EAC and the EU have negotiated an Economic Partnership Agreement (EPA) to strengthen their trade and development corporation framework. The EPA aims also at bringing about reform to other trade-related areas such as competition policy, intellectual property, and investment and trade in services.
EU trade with Uganda
Overall, the EU remains Uganda’s main exporting market with a share of 26% of total exports.
In 2015 Uganda registered for the first time since 2005 a positive trade balance with the EU of Euro 2 million. The EU has been importing from Uganda proportionally more than exporting to Uganda since the last three years.
Imports are dominated by agricultural products (83% of the total) followed by fisheries (12%) and industrial (5%).
Imports of coffee (Euro 262 million or more than 50% of the total) increased by 15% in the last three years, cocoa by 60% becoming the fourth highest import (Euro 36 million), and tobacco by 15% (fifth highest at Euro 32 million), while fisheries (second highest at Euro 56 million) and cut flowers (third at Euro 47 million) slightly decreased. Although only 3% of the total, imports of other vegetables and fruits almost doubled at Euro 15 million in 2015.