2023
Exports
$136MWorld Rnk 98 / 214
Flag Rnk 3 / 973
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$2.02BWorld Rnk 81 / 226
Flag Rnk 1 / 1146
2023
ECONOMIC COMPLEXITY of Uganda
-0.62Rnk 91 / 132

About

Exports In 2023, Uganda exported $136M in Refined Petroleum, making it the 98th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Uganda. The main destination of Refined Petroleum exports from Uganda are: Germany ($26.9M), United Arab Emirates ($26M), Algeria ($22M), Ethiopia ($18.7M), and Turkey ($13.3M).

The fastest growing export markets for Refined Petroleum of Uganda between 2022 and 2023 were United Arab Emirates ($9.94M), Algeria ($4.95M), and Ethiopia ($4.82M).

Imports In 2023, Uganda imported $2.02B in Refined Petroleum, becoming the 81st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Uganda. Uganda imports Refined Petroleum primarily from: United Arab Emirates ($1.24B), Saudi Arabia ($289M), India ($160M), Netherlands ($68.7M), and Singapore ($62.8M).

The fastest growing import markets in Refined Petroleum for Uganda between 2022 and 2023 were Saudi Arabia ($96.2M), India ($85.4M), and Singapore ($55.2M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$136M
IMPORTS (2023)$2.02B
NET TRADE (2023)-$1.88B

In 2023, Uganda exported $136M in Refined Petroleum. The main destinations of Uganda exports on Refined Petroleum were Germany ($26.9M), United Arab Emirates ($26M), Algeria ($22M), Ethiopia ($18.7M), and Turkey ($13.3M).

In 2023, Uganda imported $2.02B in Refined Petroleum, mainly from United Arab Emirates ($1.24B), Saudi Arabia ($289M), India ($160M), Netherlands ($68.7M), and Singapore ($62.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Uganda WERE (2022 - 2023):
Algeria$4.95M (29%)
Ethiopia$4.82M (34.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Uganda WERE (2022 - 2023):
United States-$1.26M (-11%)
Japan-$1.22M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uganda's main exporting competitors in Refined Petroleum were:
In 2023, Uganda's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKenya+ $242k
TOP IMPORT POTENTIALIndia+ $13.3M

Refined Petroleum’s highest export potential is Kenya. With an export gap of $242k.   Refined Petroleum’s highest import potential is India with an import gap of $13.3M.

See methodology.

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