Petroleum Oils Import of Uganda: The Trade Analysis of 2024

Uganda ,landlocked in East Africa with South Sudan, Kenya, Tanzania, Rwanda, and the Democratic Republic of Congo in the north, east, south, and west directions has emerged as the topmost importer of petroleum oils in the international trade market. The government authorities of Uganda have passed amendments to give the Uganda National Oil Company access to import petroleum products from different emerging markets worldwide. Uganda Export Data says, the diversified import routes and regional agreements have enabled the import via ports like Mombasa and Dar es Salaam, and the use of pipelines to Kampala. This has increased the capacity to meet growing demands. The rapid infrastructure growth and fuel demand, including the Standard Gauge Railway, have led to a rise in fuel consumption.

Uganda has been depending on the regional coastal ports for fuel imports. The country has been actively using Lake Victoria as a transport corridor, which has resulted in an import trade value of petroleum oils worth 800 million US dollars in 2024. Import Globals Uganda trade data provides a detailed insight into the overall amount of petroleum oils imported in the nation, catering to the needs of the business holders regarding the upcoming investment opportunities, which can help them achieve a valuable upward trajectory in their future trade investments.

GOVERNMENT INITIATIVES SUPPORTING THE IMPORT OF UGANDA IN 2024

The government authorities of Uganda have reshaped the petroleum import framework through centralized control. The Petroleum Supply Act has empowered the Uganda National Oil Company as the sole importer of the region. It has improved the supply security while stabilizing the pump prices, strengthening the national control over forex allocations. The Tripartite Agreement in Kenya and KPC has enabled UNOCE to import via the Mombasa port.

The Tripartite Agreement has secured reliable access to critical transit routes while ensuring the smooth delivery of fuel. The diversification to Dar es Salam has initiated the agreement to import fuel via different ports in Tanzania. It has reduced the import cost, facilitating the revenue rate. The development of inland and oil corridor infrastructure has reduced transportation costs while improving the logistics efficiency; strengthening the connectivity from port to inland depots.

THE LEADING VARIANTS OF PETROLEUM OILS IMPORTED IN UGANDA IN 2024

Uganda’s stability in the global trade and affordable pricing range has attracted different emerging markets for service investment in specific sectors. According to the Uganda Import Data, the top 10 leading variants of petroleum oils imported in the nation in 2024 are,

  1. Crude oil — The annual valuation of Crude oil imported in Uganda in 2024–242 million US dollars
  2. Gasoline — The annual valuation of Gasoline imported in Uganda in 2024–176 million US dollars
  3. Diesel Fuel — The annual valuation of Diesel Fuel imported in Uganda in 2024–122 million US dollars
  4. Kerosene– The annual valuation of Kerosene imported in Uganda in 2024–98 million US dollars
  5. Jet fuel — The annual valuation of Jet fuel imported in Uganda in 2024–87 million US dollars
  6. Fuel Oil– The annual valuation of Fuel Oil imported in Uganda in 2024–76 million US dollars
  7. Lubricating oil– The annual valuation of Lubricating oil imported in Uganda in 2024–65 million US dollars
  8. Paraffin wax — The annual valuation of Paraffin wax imported in Uganda in 2024–47 million US dollars
  9. Petroleum jelly — The annual valuation of Petroleum jelly imported in Uganda in 2024–38 million US dollars
  10. LPG — The annual valuation of LPG imported in Uganda in 2024–27 million US dollars

THE TOP 10 IMPORT TRADE PARTNERS OF UGANDA IN 2024

Uganda’s increasing engagement in the global trade fairs and closer proximity to different regions have led to stability in international trade. According to the Uganda Customs Data, the top 10 import trade partners of the international market are,

  • China — The total valuation of petroleum oils imported in Uganda from China in 2024–327 million us dollars

Top 5 variants of petroleum oils imported

a. Brent Blend

b. West Texas Intermediate (WTI)

c. Dubai Crude

d. Urals (Russia)

e. Basrah Light

  • India — The total valuation of petroleum oils imported in Uganda from India in 2024–242 million us dollars

Top 5 variants of petroleum oils imported

a. Gasoline (Petrol)

b. Diesel Fuel

c. Kerosene

d. Jet Fuel (Jet A-1)

e. Naphtha

  • United Arab Emirates — The total valuation of petroleum oils imported in Uganda from the United Arab Emirates in 2024–187 million us dollars

Top 5 variants of petroleum oils imported

a. Basrah Heavy

b. Arab Light

c. Arab Heavy

d. Bonny Light

e. Forcados

  • Japan– The total valuation of petroleum oils imported in Uganda from Japan in 2024–165 million us dollars

Top 5 variants of petroleum oils imported

a. Synthetic Motor Oil

b. Semi-Synthetic Oil

c. Monograde Engine Oil

d. Multigrade Engine Oil

e. Rubber Process Oil

  • Kenya– The total valuation of petroleum oils imported in Uganda from Kenya in 2024–143 million us dollars

Top 5 variants of petroleum oils imported

a. Cutting Oil

b. Heat Transfer Oil

c. Brake Fluid (mineral-based)

d. Turbine Oil

e. Gear Oil

  • United Kingdom — The total valuation of petroleum oils imported in Uganda from the United Kingdom in 2024–127 million us dollars

Top 5 variants of petroleum oils imported

a. Solvent Dewaxed Oil

b. Process Oil

c. Bright Stock

d. Heavy Naphthenic Oil

e. Light Naphthenic Oil

  • United States — The total valuation of petroleum oils imported in Uganda from the United States in 2024–102 million us dollars

Top 5 variants of petroleum oils imported

a. Marine Diesel Oil (MDO)

b. Residual Fuel Oil

c. Straight Run Gasoline

d. Catalytic Cracked Gasoline

e. Hydrotreated Diesel

  • South Africa — The total valuation of petroleum oils imported in Uganda from South Africa in 2024–87 million us dollars.

Top 5 variants of petroleum oils imported

a. White Spirit

b. Mineral Oil

c. Transformer Oil

d. Hydraulic Oil

e. Base Oil Group I

  • Turkey — The total valuation of petroleum oils imported in Uganda from Turkey in 2024–68 million us dollars

Top 5 variants of petroleum oils imported

a. Solvent Dewaxed Oil

b. Process Oil

c. Bright Stock

d. Heavy Naphthenic Oil

e. Light Naphthenic Oil

  • Germany — The total valuation of petroleum oils imported in Uganda from Germany in 2024–54 million us dollars

Top 5 variants of petroleum oils imported

a. Kirkuk

b. CPC Blend

c. Mercy

d. Castilla Blend

e. Maya

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