Uganda Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Uganda recorded a trade deficit of USD 131.9 million in November of 2016, compared to USD 277.5 million trade gap a year earlier. It was the smallest trade deficit recorded since January of 2008. Year-on-year, exports rose by 36.5 percent to USD 288.67 million, the highest on record and due to higher sales of coffee (+101.6 percent), gold (+207.9 percent) and other products (+39.7 percent). Main export partners were Ethiopia (19.3 percent of total exports), the United Emirates (13.8 percent) and South Sudan (10.5 percent). In contrast, imports plunged by 14 percent year-on-year to USD 420.6 million. Uganda's top import partners were: China (16 percent of total imports), Kenya (13 percent), India (12.5 percent) and the United Emirates (8.2 percent). Balance of Trade in Uganda averaged -140.86 USD Million from 1993 until 2016, 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.

Uganda Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-07 11:20 AM Sep $ -222.4M $ -207.3M $ -210.1M
2016-12-05 01:45 PM Oct $ -171.2M $ -222.4M $ -230.4M
2017-01-04 11:35 AM Nov $ -131.9M $ -210.2M
2017-02-06 10:00 AM Dec $ -131.9M
2017-03-06 10:00 AM Jan
2017-04-04 10:00 AM Feb




Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -131.90 -210.30 14.60 -431.20 USD Million [+]
Exports 288.67 243.58 288.67 12.39 USD Million [+]
Imports 420.60 453.80 672.80 44.20 USD Million [+]
Current Account -382.70 -256.40 116.00 -795.50 USD Million [+]
Current Account to GDP -9.10 -9.60 2.86 -11.60 percent [+]
Terms of Trade 137.26 130.29 167.10 72.50 Index Points [+]
Tourist Arrivals 1266.00 1206.00 1266.00 69.00 Thousand [+]
Terrorism Index 4.33 4.89 6.09 2.76 [+]



Uganda Balance of Trade Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-131.90 -210.30 14.60 -431.20 1993 - 2016 USD Million Monthly



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