Uganda recorded a trade deficit of 367.30 USD Million in August of 2021. source: Bank of Uganda

Balance of Trade in Uganda averaged -171.12 USD Million from 1993 until 2021, reaching an all time high of 14.60 USD Million in April of 1996 and a record low of -667.50 USD Million in June of 2021. 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 October of 2021.

Balance of Trade in Uganda is expected to be -370.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Balance of Trade is projected to trend around -390.00 USD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Uganda Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-09-06 09:30 AM Jul $-303.4M $-667.5M $-740M
2021-10-06 08:00 AM Aug $-367.3M $-303.4M $-420M
2021-11-09 02:00 PM Sep $ -352M


Uganda Last Unit Reference Previous Highest Lowest
Balance of Trade -367.30 USD Million Aug/21 -303.40 14.60 -667.50
Current Account -1279.90 USD Million Jun/21 -702.30 118.20 -1279.90
Current Account to GDP -9.80 percent of GDP Dec/20 -7.40 2.86 -9.80
Imports 660.00 USD Million Aug/21 603.70 1122.90 44.20
Exports 292.67 USD Million Aug/21 300.39 603.94 12.39
Terms of Trade 101.47 points Aug/21 90.34 167.10 72.50
Capital Flows -825.30 USD Million Jun/21 -609.60 6684.40 -966.10


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.