Key Market Indicators
Uganda's truck imports are projected to rise to approximately $173 million by 2028, up from about $156 million in 2023. This marks an average annual growth rate of 1.7%. Since 1999, the country's demand for trucks has surged by an average of 2.9% each year. Conversely, Uganda's truck exports are expected to decline to roughly $6.2 million by 2028, down from $7.3 million in 2023. This represents an annual decrease of 2.6%. Since 1999, Uganda's supply of trucks has seen a slight annual decline of 0.4%. In 2023, Uganda ranked 58th in truck exports, with Jordan surpassing it at $7.3 million. The top three spots in this ranking were held by the United States, Germany, and France, respectively.