Uganda recorded a trade deficit of 280 USD Million in March of 2020.

Balance of Trade in Uganda averaged -161.53 USD Million from 1993 until 2020, reaching an all time high of 14.56 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 May of 2020.

Balance of Trade in Uganda is expected to be -630.00 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 -680.00 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 -950.00 USD Million in 2022, according to our econometric models.

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Uganda Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-280.00 -305.53 14.56 -483.00 1993 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-06 10:30 AM Dec $-335M $-293.1M $ -465M
2020-03-05 10:00 AM Jan $-329M $-335M $-380M
2020-04-03 11:00 AM Feb $-307M $-402M $-500M
2020-05-06 12:00 PM Mar $-280M $-306M $ -295M
2020-06-05 11:25 AM Apr $-280M
2020-07-06 09:40 AM May
2020-08-06 08:00 AM Jun $ -630M
2020-09-04 09:30 AM Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


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.