Net trade in goods (BoP, current US$) in Uganda
Uganda: Net trade in goods (BoP, current US$) was -2.10 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods in Uganda, 1980–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Uganda is -2.10 billion BoP, current US$, measured in 2025.
The figure is up 30.2% on the previous year and up 8.3% over ten years.
Over the whole period, net trade in goods in Uganda peaked at 120.50 million BoP, current US$ in 1984 and was at its lowest, -3.67 billion BoP, current US$, in 2022.
That places Uganda 124th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$) in Uganda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1980 | 1.80 million BoP, current US$ | — |
| 1981 | -55.50 million BoP, current US$ | -3183.3% |
| 1982 | 9.50 million BoP, current US$ | -117.1% |
| 1983 | 25.20 million BoP, current US$ | +165.3% |
| 1984 | 120.50 million BoP, current US$ | +378.2% |
| 1985 | 109.50 million BoP, current US$ | -9.1% |
| 1986 | 45.90 million BoP, current US$ | -58.1% |
| 1987 | -142.00 million BoP, current US$ | -409.4% |
| 1988 | -257.20 million BoP, current US$ | +81.1% |
| 1989 | -310.60 million BoP, current US$ | +20.8% |
| 1990 | -313.20 million BoP, current US$ | +0.8% |
| 1991 | -203.90 million BoP, current US$ | -34.9% |
| 1992 | -270.70 million BoP, current US$ | +32.8% |
| 1993 | -278.30 million BoP, current US$ | +2.8% |
| 1994 | -251.20 million BoP, current US$ | -9.7% |
| 1995 | -366.51 million BoP, current US$ | +45.9% |
| 1996 | -347.56 million BoP, current US$ | -5.2% |
| 1997 | -449.93 million BoP, current US$ | +29.5% |
| 1998 | -656.14 million BoP, current US$ | +45.8% |
| 1999 | -505.60 million BoP, current US$ | -22.9% |
| 2000 | -499.80 million BoP, current US$ | -1.1% |
| 2001 | -508.20 million BoP, current US$ | +1.7% |
| 2002 | -562.59 million BoP, current US$ | +10.7% |
| 2003 | -625.25 million BoP, current US$ | +11.1% |
| 2004 | -667.63 million BoP, current US$ | +6.8% |
| 2005 | -729.71 million BoP, current US$ | +9.3% |
| 2006 | -1.04 billion BoP, current US$ | +42.5% |
| 2007 | -1.19 billion BoP, current US$ | +14.8% |
| 2008 | -1.84 billion BoP, current US$ | +53.8% |
| 2009 | -1.51 billion BoP, current US$ | -17.8% |
| 2010 | -2.21 billion BoP, current US$ | +46.6% |
| 2011 | -2.48 billion BoP, current US$ | +12.0% |
| 2012 | -2.45 billion BoP, current US$ | -1.1% |
| 2013 | -2.15 billion BoP, current US$ | -12.5% |
| 2014 | -2.37 billion BoP, current US$ | +10.7% |
| 2015 | -2.29 billion BoP, current US$ | -3.6% |
| 2016 | -1.60 billion BoP, current US$ | -30.2% |
| 2017 | -1.71 billion BoP, current US$ | +7.3% |
| 2018 | -2.45 billion BoP, current US$ | +43.1% |
| 2019 | -2.75 billion BoP, current US$ | +12.2% |
| 2020 | -2.64 billion BoP, current US$ | -4.3% |
| 2021 | -3.05 billion BoP, current US$ | +15.5% |
| 2022 | -3.67 billion BoP, current US$ | +20.5% |
| 2023 | -2.82 billion BoP, current US$ | -23.1% |
| 2024 | -3.01 billion BoP, current US$ | +6.5% |
| 2025 | -2.10 billion BoP, current US$ | -30.2% |
Uganda compared with similar countries
- Uganda's -2.10 billion BoP, current US$ is below the median for low income countries, which is -796.66 million BoP, current US$, 2.6× the median. (23 countries reporting)
- Uganda's -2.10 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -496.51 million BoP, current US$, 4.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods (BoP, current US$) in Uganda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | -3183.3% | 1.80 million BoP, current US$ | -55.50 million BoP, current US$ |
| 1987 | -409.4% | 45.90 million BoP, current US$ | -142.00 million BoP, current US$ |
| 1984 | +378.2% | 25.20 million BoP, current US$ | 120.50 million BoP, current US$ |
| 1983 | +165.3% | 9.50 million BoP, current US$ | 25.20 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -45.29 million BoP, current US$ | -310.60 million BoP, current US$ | 120.50 million BoP, current US$ | 10 |
| 1990s | -364.30 million BoP, current US$ | -656.14 million BoP, current US$ | -203.90 million BoP, current US$ | 10 |
| 2000s | -916.99 million BoP, current US$ | -1.84 billion BoP, current US$ | -499.80 million BoP, current US$ | 10 |
| 2010s | -2.25 billion BoP, current US$ | -2.75 billion BoP, current US$ | -1.60 billion BoP, current US$ | 10 |
| 2020s | -2.88 billion BoP, current US$ | -3.67 billion BoP, current US$ | -2.10 billion BoP, current US$ | 6 |
Countries ranked near Uganda
- 121 Paraguay -1.74 billion BoP, current US$ compare
- 122 Andorra -1.95 billion BoP, current US$ compare
- 123 Madagascar -2.04 billion BoP, current US$ compare
- 125 Namibia -2.10 billion BoP, current US$ compare
- 126 Hungary -2.28 billion BoP, current US$ compare
- 127 Rwanda -2.34 billion BoP, current US$ compare
More economy & growth data for Uganda
- Real gdp growth, annual growth rate 19.74 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.99 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -31.39 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 2.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -34.66 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Uganda?
- Net trade in goods in Uganda was -2.10 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Uganda?
- The highest recorded value was 120.50 million BoP, current US$ in 1984.
- What is the lowest net trade in goods recorded in Uganda?
- The lowest recorded value was -3.67 billion BoP, current US$ in 2022.
- How does Uganda rank for net trade in goods?
- Uganda ranks 124th out of 200 countries with data for 2025.
- Is net trade in goods rising or falling in Uganda?
- Over the last ten years it is up 8.3%. 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 (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 is the difference between the exports and imports of goods. 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.