Imports in Uganda

Uganda - Imports
Economic conditions likely improved in the third quarter, after GDP contracted in the second on the fallout from the pandemic. Economic activity gained notable momentum in Q3 on average, while exports and imports grew strongly after a sharp decrease in Q2, suggesting that both foreign and domestic demand strengthened in the period amid the further easing of restrictions. Turning to Q4, in October, the private sector PMI climbed to its highest level since the breakout of the pandemic, highlighting a sharp improvement in business conditions as further restrictions were removed. Consequently, output continued to expand, leading to higher employment levels and boding well for private consumption in turn. Additionally, more measures were lifted on 14 November, which should support activity going forward; however, domestic and global Covid-19 cases continue to rise.Uganda - Imports Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Imports (USD billion) | 5.0 | 4.5 | 5.2 | 6.1 | 6.8 |
Source: Bank of Uganda
Uganda Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 15.75 | 1.02 % | Dec 31 |
Exchange Rate | 3,670 | 0.17 % | Dec 31 |
Stock Market | 0.3 | 0.0 % | Jan 07 |
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