Uganda recorded a trade deficit of 188.80 USD Million in May of 2020.
Balance of Trade in Uganda averaged -161.62 USD Million from 1993 until 2020, reaching an all time high of 14.60 USD Million in April of 1996 and a record low of -483 USD Million in April of 2019. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Balance of Trade in Uganda is expected to be -470.00 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 -370.00 in 12 months time. In the long-term, the Uganda Balance of Trade is projected to trend around -415.00 USD Million in 2021 and -390.00 USD Million in 2022, according to our econometric models.