Uruguay

ECON COMPLEXITY (2018)

0.17

RANK 58 OF 137

PRODUCT EXPORTS (2018)

$8.96B

RANK 92 OF 222

EXPORTS PER CAPITA (2018)

$2.6K

RANK 166 OF 219

PRODUCT IMPORTS (2018)

$11.2B

RANK 96 OF 221

IMPORTS PER CAPITA (2018)

$3.25K

RANK 182 of 219

SERVICE EXPORTS (2018)

$6.36B

RANK 38 OF 88

SERVICE IMPORTS (2018)

$3.7B

RANK 45 OF 88

GDP (2018)

$59.6B

CURRENT US$
RANK 79 OF 196

GDP GROWTH (2008-2018)

96.3%

CURRENT US$
RANK 33 OF 196

GDP PC (2018)

$17,278

CURRENT US$
RANK 53 OF 196

GDP PC GROWTH (2008-2018)

90.1%

Overview: This page contains the latest international trade data for Uruguay, including service trade data, and tariffs. In 2018 Uruguay was the number 79 economy in the world in terms of GDP (current US$), the number 92 in total exports, the number 96 in total imports, and the number 58 most complex economy according to the Economic Complexity Index (ECI). In 2018, Uruguay exported $8.96B and imported $11.2B, resulting in a negative trade balance of -$2.24B. In 2018, Uruguay’s exports per capita were $2.6k and its imports per capita were $3.25k.

Trade: The top exports of Uruguay are Sulfate Chemical Woodpulp ($1.79B), Frozen Bovine Meat ($1.28B), Concentrated Milk ($461M), Rice ($397M), and Bovine Meat ($363M). The top imports of Uruguay are Crude Petroleum ($2.26B), Packaged Medicaments ($416M), Cars($352M), Broadcasting Equipment ($269M), and Delivery Trucks($179M).

Destinations: Uruguay exports mostly to China ($2.04B), Brazil($1.14B), Netherlands ($553M), United States ($478M), and Argentina($456M), and imports mostly from Brazil ($3.01B), China ($1.76B), Argentina ($1.17B), United States ($952M), and Nigeria ($364M).

Location: Uruguay borders Argentina and Brazil by land.

Exports

In 2018 Uruguay exported a total of $8.96B, making it the number 92 exporter in the world. During the last five reported years the exports of Uruguay have changed by -$435M from $9.4B in 2013 to $8.96B in 2018.

The most recent exports are led by Sulfate Chemical Woodpulp ($1.79B), Frozen Bovine Meat ($1.28B), Concentrated Milk ($461M), Rice ($397M), and Bovine Meat ($363M).

Imports

In 2018 Uruguay imported $11.2B, making it the number 96 trade destination in the world. During the last five reported years the imports of Uruguay changed by -$1.39B from $12.6B in 2013 to $11.2B in 2018.

The most recent imports of Uruguay are led by Crude Petroleum ($2.26B), Packaged Medicaments ($416M), Cars ($352M), Broadcasting Equipment ($269M), and Delivery Trucks ($179M).

Trade Balance

As of 2018 Uruguay had a negative trade balance of $867M in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $344M in net imports.

Destinations

The top export destinations of Uruguay are China ($2.02B), Brazil ($1.32B), the Netherlands ($492M), the United States ($474M) and Argentina ($452M).

Origins

The most common import partners for Uruguay are Brazil ($3.01B), China ($1.76B), Argentina ($1.17B), United States ($952M), and Nigeria ($364M).