In Q2 FY2024/25, Uganda recorded a trade deficit of $162.5 million within the East African Community (EAC), with exports totalling $631 million and imports reaching $793.5 million. This marks a significant deterioration from the previous quarter when the deficit stood at $134.5 million.
Uganda’s largest trade deficit was with Tanzania, where exports totalled $54.3 million, while imports were significantly higher at $551.3 million (mainly composed of gold), resulting in a trade deficit of $497.0 million.
However, Uganda maintained strong trade surpluses with the Democratic Republic of Congo (D.R.C.) at $210.7 million and South Sudan at $104.4 million.
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