Uganda: Trade balance, in dollars

* indicates monthly or quarterly data series
 Uganda

Trade balance, billion USD

 Latest value -4.92
 Year 2024
 Measure billion U.S. dollars
 Data availability 1980 - 2024
 Average -1.57
 Min - Max -4.96 - 0.06
 Source The World Bank
The latest value from 2024 is -4.92 billion U.S. dollars, a decline from -4.35 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Uganda from 1980 to 2024 is -1.57 billion U.S. dollars. The minimum value, -4.96 billion U.S. dollars, was reached in 2022 while the maximum of 0.06 billion U.S. dollars was recorded in 1984. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Uganda - Trade balance, in dollars - Recent values chart

Historical series
Uganda - Trade balance, in dollars - historical chart - 1980-2024




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 104.40 2023 percent
 Trade openness 41.47 2024 percent
 Financial openness 1.212 2022 index points
 Exports, percent of GDP 16.91 2024 percent
 Exports, billion dollars 9.07 2024 billion U.S. dollars
 Growth of exports 46.44 2024 percent
 Imports, percent of GDP 24.56 2024 percent
 Imports, billion dollars 13.18 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.13 2023 percent
 Foreign Direct Investment, billion dollars 3.30 2024 billion U.S. dollars
 Portfolio investment inflows, equities 4.97 2024 million dollars (current)
 Current account, percent of GDP -7.96 2024 percent
 Trade balance, percent of GDP -7.66 2024 percent
 Trade balance, in dollars -4.92 2024 billion U.S. dollars
 Reserves 3.36 2018 billion U.S. dollars
 Remittances, percent of GDP 2.63 2023 percent
 Remittances 1,430.72 2023 million U.S. dollars
 Net errors and omissions 707.49 2024 million USD
 External debt 35.02 2024 percent
 Short-term external debt 2.65 2024 percent
 Short-term debt to reserves 15.15 2018 percent
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