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Uganda Balance of Trade
Due to the country's reliance on imported gasoline, Uganda suffers from a systematic trade deficit. Agribusiness products such as coffee and cotton are exported in large quantities from Uganda. Kenya is Uganda's most important trading partner, accounting for 15% of imports and 10% of exports. UAE and South Africa are among other trading partners.
A higher than expected figure should be seen as positive (bullish) for the UGX while a lower than expected figure should be seen as negative (bearish) for the UGX.
Source:
Bank of Uganda
Category:
Balance of Trade
Units:
Million
Latest Release
Previous:
-$787.3M
Consensus:
-$840M
Actual:
-$363.3M
Next Release
Date:
Jan 07, 09:30
Time left:
21 days
Data updated. Please refresh the page.
