Uganda's trade deficit widened to USD 589.8 million in July 2025 from USD 456.9 million in the same month last year. Balance of Trade in Uganda averaged -201.54 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 -621.20 USD Million in June of 2021. source: Bank of Uganda

Uganda recorded a trade deficit of 515.90 USD Million in June of 2025.

Uganda recorded a trade deficit of 515.90 USD Million in June of 2025. Balance of Trade in Uganda is expected to be -500.00 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 -750.00 USD Million in 2026 and -520.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-06 02:00 AM
Balance of Trade
Jun $-515.9M $-350.3M $ -370.0M
2025-09-04 12:20 AM
Balance of Trade
Jul $-589.8M $-512.5M $-550.0M
2025-10-03 09:00 AM
Balance of Trade
Aug $-589.8M


Related Last Previous Unit Reference
Balance of Trade -589.80 -512.50 USD Million Jul 2025
Capital Flows -1028.49 -722.96 USD Million Mar 2025
Current Account -723.30 -1016.70 USD Million Mar 2025
Current Account to GDP -9.21 -8.26 percent of GDP Dec 2024
Exports 1248.10 1157.50 USD Million Jul 2025
Imports 1838.00 1670.00 USD Million Jul 2025
Terms of Trade 121.91 152.10 points Jul 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
-589.80 -512.50 14.60 -621.20 1993 - 2025 USD Million Monthly