Trade Trend

In 2023, Uganda's total export value is 2.87Billion USD, total import value is 4.05Billion USD, Deficit is -1.18Billion USD, and foreign trade dependency is 0.140. In 2023，Uganda's top export products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(1.12Billion USD), Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(794.39Million USD), Cocoa beans; whole or broken, raw or roasted(92.88Million USD), top export destinations are India(819.50Million USD), Hong Kong CN(393.88Million USD), Italy(288.68Million USD). In 2023, Uganda's top import products are Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(206.06Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(114.68Million USD), Vehicles; for the transport of goods(114.40Million USD), top import origins are China(1.24Billion USD), India(527.87Million USD), Tanzania(311.17Million USD).

Comparing to 2022, Uganda's total export value decreased -586.94Million USD(-16.98%) in 2023, this could result from its export decreases of products such as Cane or beet sugar and chemically pure sucrose, in solid form(-149.52Million USD or -98.83%), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-90.54Million USD or -99.84%), Portland cement, aluminous cement (ciment fondu), slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers(-76.15Million USD or -96.75%) and export decreases to countries/economics such as Kenya(-458.67Million USD or -85.98%), Burundi(-72.08Million USD or -84.21%), Tanzania(-41.52Million USD or -27.90%). Comparing to 2022, Uganda's total import value decreased -4.90Billion USD(-54.75%) in 2023, this could result from its import decreases of products such as Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-1.62Billion USD or -96.66%), Palm oil and its fractions; whether or not refined, but not chemically modified(-315.11Million USD or -93.96%), Iron or nonalloy steel; flatrolled products of a width of 600mm or more, hotrolled, not clad, plated or coated(-204.08Million USD or -87.46%), and its import decreases from countries/economies such as India(-572.32Million USD or -52.02%), Kenya(-535.50Million USD or -70.67%), China(-516.42Million USD or -29.47%).

Cumulated to first 6 months of 2024, Uganda's total export value is 855.35Million USD, total import value is 1.30Billion USD, and tradedeficit is -440.37Million USD. Cumulated to first 6 months of 2024, Uganda's top export products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(342.07Million USD), Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(243.24Million USD), Cocoa beans; whole or broken, raw or roasted(82.12Million USD), and top export destinations are India(254.59Million USD), Hong Kong CN(131.68Million USD), Italy(90.17Million USD). Cumulated to first 6 months of 2024, Uganda's top import products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(342.07Million USD), Coffee, whether or not roasted or decaffeinated; husks and skins; coffee substitutes containing coffee in any proportion(243.24Million USD), Cocoa beans; whole or broken, raw or roasted(82.12Million USD), and top import origins areChina(539.63Million USD), India(144.52Million USD), Japan(84.40Million USD).