Uganda recorded a trade deficit of 313.42 USD Million in May of 2019. Balance of Trade in Uganda averaged -155.50 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 -497.65 USD Million in April of 2019.

Balance of Trade in Uganda is expected to be -315.00 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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Calendar GMT Actual Previous Consensus TEForecast
2019-04-05 02:10 PM Balance of Trade Feb $-308M $-308.5M $-375M
2019-05-06 01:30 PM Balance of Trade Mar $-269M $-308M $-300M
2019-06-07 11:25 AM Balance of Trade Apr $-468.6M $-270.2M $-350M
2019-07-05 09:40 AM Balance of Trade May $-313.4M $-497.6M $-300M
2019-08-06 11:45 AM Balance of Trade Jun $-313.4M $-225M
2019-09-05 09:45 AM Balance of Trade Jul
2019-10-04 09:10 AM Balance of Trade Aug


Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -313.42 -497.65 14.56 -497.65 USD Million [+]
Current Account -746.20 -821.40 118.20 -821.40 USD Million [+]
Current Account to GDP -5.40 -8.70 2.86 -11.60 percent [+]
Imports 665.10 665.13 889.04 44.20 USD Million [+]
Exports 351.71 351.71 603.94 12.39 USD Million [+]
Terms of Trade 127.59 119.00 167.10 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 -767.70 -862.90 6684.40 -862.90 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-313.42 -497.65 14.56 -497.65 1993 - 2019 USD Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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