Uganda - Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in Uganda was $5,796,021,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $6,048,575,000 in 2019 and $107,812,400 in 1961.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $115,605,900
1961 $107,812,400
1962 $108,245,300
1963 $146,023,100
1964 $176,115,300
1965 $226,330,500
1966 $236,694,700
1967 $244,817,900
1968 $248,459,400
1969 $251,680,700
1970 $294,257,700
1971 $280,952,400
1972 $289,215,700
1973 $281,792,700
1974 $309,129,800
1975 $204,111,100
1976 $278,700,000
1977 $268,764,700
1978 $330,434,800
1979 $415,000,000
1980 $242,000,000
1981 $215,000,000
1982 $182,500,000
1983 $194,000,000
1984 $458,913,200
1985 $483,550,200
1986 $502,570,400
1987 $517,052,800
1988 $492,900,000
1989 $419,712,400
1990 $311,669,500
1991 $247,948,100
1992 $250,344,400
1993 $227,444,200
1994 $348,784,800
1995 $678,725,800
1996 $722,999,700
1997 $837,552,400
1998 $634,713,500
1999 $734,918,400
2000 $659,668,100
2001 $672,714,000
2002 $692,819,600
2003 $752,307,800
2004 $1,008,067,000
2005 $1,310,094,000
2006 $1,524,127,000
2007 $1,990,712,000
2008 $3,506,151,000
2009 $4,677,181,000
2010 $3,687,465,000
2011 $3,583,112,000
2012 $4,230,158,000
2013 $4,774,874,000
2014 $4,874,970,000
2015 $4,170,603,000
2016 $3,629,228,000
2017 $5,122,377,000
2018 $4,967,718,000
2019 $6,048,575,000
2020 $5,796,021,000

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts