Trade deficit

CommoditiesEconomy

Goods trade gap shrinks for fifth month in a row

Uganda's goods trade deficit shrank for the fifth straight month in May as exports grew faster than imports into the country, according to central bank data
Aerial view of a cargo ship
CommoditiesEconomyTrade

Merchandise trade deficit slows down on stronger exports

Goods trade exports rose at their fastest rate in 14 months in April, offsetting a surge in goods imports and slowing down the growth of Uganda's merchandise trade deficit
A cargo ship docked at the port of Mombasa on Kenya's Indian Ocean Coast, as workers prepare to load it
CommoditiesEconomy

Trade deficit in goods narrows in December

Uganda's merchandise trade deficit narrowed for the fourth month in a row in December as exports continued to grow at a faster rate than imports
Overhead image of shipping containers in a port
Economy

Trade deficit in goods widens in January

Uganda's merchandise trade deficit increased at the fastest rate in seven months in January as goods exports fell while inbound shipments rose for the first time since July 2021
Blue and red cargo ship on sea during daytime
Economy

Trade deficit narrows in December

The Uganda merchandise trade deficit narrowed for the second consecutive month in December as gold imports and exports recorded steep declines
Export containers at a port.
Economy

Merchandise trade in January shrinks as election concerns take toll

The Uganda monthly goods trade deficit narrowed at the sharpest rate since 2019 in May as both exports and imports fell, most certainly due to election-related uncertainty
Export containers at a port.
Economy

Goods imports, exports fall to record lows

Uganda's goods imports dropped at the sharpest rate since May 1999 in March, leading to the narrowest merchandise trade deficit in 12 months, according to data released by the central bank
Containers at Mombasa Port in Kenya
Economy

Goods trade deficit narrows in December as imports fall for third straight month

The Uganda goods trade deficit with its international partners contracted for the third straight month in December on a decline in goods imports, according to figures from the Bank of Uganda
Export containers at a port.
Economy

Exports rise most in 2 years in 2019 on surge in gold shipments

Uganda's export growth rose to a two-year high last year as a surge in gold shipments helped shake off the effects of a border crisis with Rwanda, preliminary data show
Shipping containers on a container ship
Economy

Imports and exports both fall as trade deficit narrows in October

The Uganda goods trade deficit narrowed for the second time in three months in October as both exports and imports declined, according to data from the Bank of Uganda
Mombasa Port in Kenya
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