Uganda recorded a trade deficit of 308 USD Million in February of 2019. Balance of Trade in Uganda averaged -153.30 USD Million from 1993 until 2019, reaching an all time high of 14.60 USD Million in April of 1996 and a record low of -431.20 USD Million in December of 2015.

Balance of Trade in Uganda is expected to be -225.00 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 -360.00 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
2019-01-07 10:50 AM Balance of Trade $-319.6M $-315.4M
2019-02-05 02:00 PM Balance of Trade $-334.6M $-339.7M
2019-03-06 11:15 AM Balance of Trade $-312.3M $-337.9M $-182M
2019-04-05 02:10 PM Balance of Trade $-308M $-308.5M $-375M
2019-05-03 09:40 AM Balance of Trade $-308M $-390M
2019-06-06 08:30 AM Balance of Trade
2019-07-05 09:40 AM Balance of Trade


Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -308.00 -308.50 14.60 -431.20 USD Million [+]
Current Account -821.30 -764.90 118.20 -821.30 USD Million [+]
Current Account to GDP -5.40 -8.70 2.86 -11.60 percent [+]
Imports 608.40 612.70 745.20 44.20 USD Million [+]
Exports 300.41 304.23 371.98 12.39 USD Million [+]
Terms of Trade 124.64 127.82 167.10 72.50 Index Points [+]
Tourist Arrivals 1449.00 1323.00 1449.00 69.00 Thousand [+]
Terrorism Index 3.93 4.32 6.09 2.76 [+]
Capital Flows -791.90 -592.20 6684.40 -791.90 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-308.00 -308.50 14.60 -431.20 1993 - 2019 USD Million Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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