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Uganda July Trade Deficit Widens to $304m as Import Growth Outpaces Exports

July deficit widened 26.9% year-on-year to $304.0 million.

Imports surged 12.5% year-on-year to $1,703.2 million.

Exports grew 9.8% year-on-year to $1,399.2 million.

Monthly trend recorded the narrowest trade gap since April.

Uganda July Trade Deficit Widens to $304m as Import Growth Outpaces Exports

July deficit widened 26.9% year-on-year to $304.0 million.

Imports surged 12.5% year-on-year to $1,703.2 million.

Exports grew 9.8% year-on-year to $1,399.2 million.

Monthly trend recorded the narrowest trade gap since April.

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