Uganda recorded a trade deficit of 279 USD Million in August of 2019. Balance of Trade in Uganda averaged -157.26 USD Million from 1993 until 2019, reaching an all time high of 14.56 USD Million in April of 1996 and a record low of -478.30 USD Million in April of 2019.

Balance of Trade in Uganda is expected to be -360.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Uganda to stand at -335.00 in 12 months time. In the long-term, the Uganda Balance of Trade is projected to trend around -415.00 USD Million in 2020, according to our econometric models.

Uganda Balance of Trade
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-05 09:40 AM Balance of Trade May $-313.4M $-497.6M $-300M
2019-08-06 08:00 AM Balance of Trade Jun $-395.6M $-317.9M $-225M
2019-09-05 09:30 AM Balance of Trade Jul $-340.5M $-396.5M $-360M
2019-10-04 08:15 AM Balance of Trade Aug $-279M $-323.6M $-320M
2019-11-05 03:30 PM Balance of Trade Sep $-279M $ -245M
2019-12-05 10:00 AM Balance of Trade Oct $-480M


Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -279.00 -323.60 14.56 -478.30 USD Million [+]
Current Account -938.80 -746.20 118.20 -938.80 USD Million [+]
Current Account to GDP -5.80 -5.40 2.86 -11.60 percent [+]
Imports 600.70 642.00 914.60 44.20 USD Million [+]
Exports 321.67 318.43 603.94 12.39 USD Million [+]
Terms of Trade 121.11 118.39 167.10 72.50 Index Points [+]
Tourist Arrivals 1402.00 1323.00 1402.00 69.00 Thousand [+]
Terrorism Index 3.93 4.32 6.09 2.76 [+]
Capital Flows -703.00 -767.70 6684.40 -862.90 USD Million [+]


Uganda Balance of Trade

Uganda has a systemic trade deficit as a result of the country’s dependence on fuel imports. Uganda is a net exporter of agricultural products such as coffee and cotton. Uganda’s main trading partner is Kenya with 15 percent of imports and 10 percent of exports. Others include: UAE and South Africa. This page provides the latest reported value for - Uganda Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-279.00 -323.60 14.56 -478.30 1993 - 2019 USD Million Monthly




Country Last Previous
Argentina 1168.00 Aug/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -136.30 Aug/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -2490000.00 Jul/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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