Uganda's Trade Flows Boosted by COMESA, EAC Membership and Colonial Ties
This piece delves into Uganda's trade relationships using a Gravity Flow Model to understand what influences its trading patterns. Researchers examined various factors like Uganda's economy, the economies of its trading partners, regional memberships, and historical ties to predict its trade potential. They found that Uganda's trade flow is positively affected by its own economic size, the size of its trading partners' economies, being part of certain trading blocs like COMESA and the EAC, as well as having shared colonial history. By analyzing data from specific years, they were able to make predictions on Uganda's trade performance and integration with its key partners like Switzerland, Netherlands, and Kenya.