Uganda’s trade deficit narrowed to $134.9 million in January 2026 from $432.5 million in the same month last year. This was the smallest trade deficit since March 2023, as exports rose much faster than imports. Exports soared 72.1% year-on-year to $1,453.5 million, while imports increased 24.4% to $1,588.4 million. source: Bank of Uganda
Uganda recorded a trade deficit of 134.90 USD Million in January of 2026. Balance of Trade in Uganda averaged -205.03 USD Million from 1993 until 2026, reaching an all time high of 14.60 USD Million in April of 1996 and a record low of -787.30 USD Million in September of 2025. 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 March of 2026.
Uganda recorded a trade deficit of 134.90 USD Million in January of 2026. Balance of Trade in Uganda is expected to be -740.00 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 -670.00 USD Million in 2027 and -520.00 USD Million in 2028, according to our econometric models.