Net trade in goods and services in Uganda
Uganda: Net trade in goods and services was -4.89 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Uganda, 1980–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Uganda recorded -4.89 billion BoP, current US$ for net trade in goods and services in 2024.
The figure is down 12.5% on the previous year and down 70.5% over ten years.
Over the whole period, net trade in goods and services in Uganda peaked at 55.00 million BoP, current US$ in 1984 and was at its lowest, -4.96 billion BoP, current US$, in 2022.
Uganda ranks 164th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -191.45 million BoP, current US$ | -547.80 million BoP, current US$ | 55.00 million BoP, current US$ | 10 |
| 1990s | -711.21 million BoP, current US$ | -1.21 billion BoP, current US$ | -424.90 million BoP, current US$ | 10 |
| 2000s | -1.16 billion BoP, current US$ | -2.26 billion BoP, current US$ | -744.68 million BoP, current US$ | 10 |
| 2010s | -2.69 billion BoP, current US$ | -3.62 billion BoP, current US$ | -1.71 billion BoP, current US$ | 10 |
| 2020s | -4.64 billion BoP, current US$ | -4.96 billion BoP, current US$ | -4.35 billion BoP, current US$ | 5 |
Countries ranked near Uganda
- 161 Croatia -4.20 billion BoP, current US$ compare
- 162 Bosnia and Herzegovina -4.27 billion BoP, current US$ compare
- 163 Serbia -4.71 billion BoP, current US$ compare
- 165 Dominican Republic -5.05 billion BoP, current US$ compare
- 166 Afghanistan -5.51 billion BoP, current US$ compare
- 167 Palestine -5.61 billion BoP, current US$ compare
More economy & growth data for Uganda
- Final consumption expenditure 76.9% (2025)
- Gross domestic savings 52.68 trillion current LCU (2025)
- Households and NPISHs final consumption expenditure 65.2% (2025)
- Final consumption expenditure 47.66 billion current US$ (2025)
- Final consumption expenditure 175.19 trillion current LCU (2025)
- Final consumption expenditure 44.48 billion constant 2015 US$ (2025)
- Final consumption expenditure 10.5% (2025)
- Agriculture, forestry, and fishing, value added 37.56 trillion constant LCU (2025)
- Gross national expenditure 99.5% (2025)
- Agriculture, forestry, and fishing, value added 11.86 billion constant 2015 US$ (2025)
Frequently asked questions
- What is net trade in goods and services in Uganda?
- Net trade in goods and services in Uganda was -4.89 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Uganda?
- The highest recorded value was 55.00 million BoP, current US$ in 1984.
- What is the lowest net trade in goods and services recorded in Uganda?
- The lowest recorded value was -4.96 billion BoP, current US$ in 2022.
- How does Uganda rank for net trade in goods and services?
- Uganda ranks 164th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Uganda?
- Over the last ten years it is down 70.5%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.