Uganda recorded a trade deficit of 258.60 USD Million in September of 2018. Balance of Trade in Uganda averaged -148.91 USD Million from 1993 until 2018, 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 -296.03 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 -298.55 in 12 months time. In the long-term, the Uganda Balance of Trade is projected to trend around -298.57 USD Million in 2020, according to our econometric models.

Uganda Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-05 09:45 AM Balance of Trade $-274.2M $-290.9M $ -228.7M
2018-10-04 09:10 AM Balance of Trade $-348.5M $-244.1M $ -228M
2018-11-05 03:30 PM Balance of Trade $-258.6M $-318.2M $ -287.8M
2018-12-05 10:00 AM Balance of Trade $-258.6M $ -229.7M

Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -258.60 -318.20 14.60 -431.20 USD Million [+]
Exports 300.12 298.84 351.73 12.39 USD Million [+]
Imports 558.80 617.00 672.80 44.20 USD Million [+]
Current Account -590.10 -359.90 118.20 -747.10 USD Million [+]
Current Account to GDP -5.40 -8.70 2.86 -11.60 percent [+]
Terms of Trade 122.50 125.23 167.10 72.50 Index Points [+]
Tourist Arrivals 1449.00 1323.00 1449.00 69.00 Thousand [+]
Terrorism Index 4.32 4.33 6.09 2.76 [+]

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-258.60 -318.20 14.60 -431.20 1993 - 2018 USD Million Monthly

Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 2637.00 Oct/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18