Uganda’s trade deficit widened to $501.9 million in December 2025 from $481.1 million in the same month last year, even as export rose much faster than imports. Exports soared 83.5% year-on-year to $1,395.1 million, while imports jumped 52.8% to $1,897.0 million. source: Bank of Uganda

Uganda recorded a trade deficit of 501.90 USD Million in December of 2025. Balance of Trade in Uganda averaged -205.21 USD Million from 1993 until 2025, 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 February of 2026.

Uganda recorded a trade deficit of 501.90 USD Million in December of 2025. 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-07 09:30 AM
Balance of Trade
Nov $-500.1M $-363.3M $-400.0M
2026-02-05 05:10 AM
Balance of Trade
Dec $-501.9M $-488.8M $ -800M
2026-03-04 09:30 AM
Balance of Trade
Jan $-501.9M


Related Last Previous Unit Reference
Balance of Trade -501.90 -488.80 USD Million Dec 2025
Capital Flows -1763.77 -1349.99 USD Million Sep 2025
Current Account -1597.23 -818.26 USD Million Sep 2025
Current Account to GDP -9.21 -8.26 percent of GDP Dec 2024
Exports 1395.10 1201.80 USD Million Dec 2025
Imports 1897.00 1690.60 USD Million Dec 2025
Terms of Trade 151.63 143.77 points Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
-501.90 -488.80 14.60 -787.30 1993 - 2025 USD Million Monthly