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The fishery sub-sector is the second largest foreign exchange earner in Uganda's economy (estimated at US$ 135 million) after coffee. However, declining trends in annual fish production are a real threat in terms of the loss of potential foreign exchange earnings, household income and food security. This study demonstrates that favourable international fish prices have supported steady foreign exchange earnings in Uganda amidst declining fish volumes. To enable Uganda to take advantage of thisdoi:10.22004/ag.econ.262886 fatcat:22wzvh2wtvf2hp73hzbqecip7y