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Uruguay recorded a trade surplus of 30621 USD Thousand in May of 2025. This dataset provides - Uruguay Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, Uruguayan exports to China amounted to about 1.55 billion U.S. dollars, decreasing by approximately 855 million U.S. dollars from the previous year. In contrast, Uruguay's imports from China saw a significant increase from about two billion U.S dollars in 2021, to 2.38 billion dollars in 2023.
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Key information about Uruguay's Trade Balance
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Exports in Uruguay increased to 839661 USD Thousand in April from 710811 USD Thousand in March of 2025. This dataset provides the latest reported value for - Uruguay Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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<ul style='margin-top:20px;'>
<li>Uruguay trade to gdp ratio for 2022 was <strong>58.83%</strong>, a <strong>2.01% increase</strong> from 2021.</li>
<li>Uruguay trade to gdp ratio for 2021 was <strong>56.82%</strong>, a <strong>10.14% increase</strong> from 2020.</li>
<li>Uruguay trade to gdp ratio for 2020 was <strong>46.69%</strong>, a <strong>3.06% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
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Uruguay Exports: FOB data was reported at 870,925.000 USD th in Feb 2025. This records an increase from the previous number of 765,883.000 USD th for Jan 2025. Uruguay Exports: FOB data is updated monthly, averaging 547,724.000 USD th from Jul 1998 (Median) to Feb 2025, with 320 observations. The data reached an all-time high of 1,291,826.000 USD th in Jun 2022 and a record low of 136,752.000 USD th in Sep 2002. Uruguay Exports: FOB data remains active status in CEIC and is reported by Central Bank of Uruguay. The data is categorized under Global Database’s Uruguay – Table UY.JA001: Trade Statistics.
The statistic shows Uruguay's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Uruguay's trade deficit amounted to around **** billion U.S. dollars.
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Uruguay's total Exports in 2023 were valued at US$9.19 Billion, according to the United Nations COMTRADE database on international trade. Uruguay's main export partners were: Brazil, China and the United States. The top three export commodities were: Meat and edible meat offal; Wood and articles of wood, wood charcoal and Cereals. Total Imports were valued at US$12.49 Billion. In 2023, Uruguay had a trade deficit of US$3.29 Billion.
In 2024, the European Union countries imported approximately ** percent of the Uruguayan export volume. In that year, China was the largest export partner of the Latin American country, accounting for ** percent of all exports.
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Uruguay Imports: CIF data was reported at 1,054,081.000 USD th in Feb 2025. This records an increase from the previous number of 1,020,820.000 USD th for Jan 2025. Uruguay Imports: CIF data is updated monthly, averaging 662,428.000 USD th from Jan 1998 (Median) to Feb 2025, with 326 observations. The data reached an all-time high of 1,224,187.000 USD th in Apr 2024 and a record low of 126,795.000 USD th in Mar 2003. Uruguay Imports: CIF data remains active status in CEIC and is reported by Central Bank of Uruguay. The data is categorized under Global Database’s Uruguay – Table UY.JA001: Trade Statistics.
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United States Imports from Uruguay was US$1.28 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Uruguay - data, historical chart and statistics - was last updated on June of 2025.
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Uruguay import data: Discover how this South American country stimulates economic growth through strategic imports, tourism, and agriculture.
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Uruguay's total Imports in 2023 were valued at US$12.49 Billion, according to the United Nations COMTRADE database on international trade. Uruguay's main import partners were: Brazil, China and Argentina. The top three import commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Exports were valued at US$9.19 Billion. In 2023, Uruguay had a trade deficit of US$3.29 Billion.
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Uruguay UY: Net Barter Terms of Trade Index data was reported at 111.505 2000=100 in 2016. This records an increase from the previous number of 106.123 2000=100 for 2015. Uruguay UY: Net Barter Terms of Trade Index data is updated yearly, averaging 106.667 2000=100 from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 140.698 2000=100 in 1980 and a record low of 85.419 2000=100 in 2008. Uruguay UY: Net Barter Terms of Trade Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uruguay – Table UY.World Bank.WDI: Trade Index. Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;
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Imports in Uruguay decreased to 931426 USD Thousand in April from 1024318 USD Thousand in March of 2025. This dataset provides the latest reported value for - Uruguay Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Uruguay export data: Discover Uruguay's focus on agriculture, renewable energy, and dynamic trade partners.
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Uruguay UY: Exports: Lead Time: Median Case data was reported at 4.000 Day in 2016. This records an increase from the previous number of 1.000 Day for 2014. Uruguay UY: Exports: Lead Time: Median Case data is updated yearly, averaging 4.000 Day from Dec 2007 (Median) to 2016, with 5 observations. The data reached an all-time high of 14.000 Day in 2012 and a record low of 1.000 Day in 2014. Uruguay UY: Exports: Lead Time: Median Case data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uruguay – Table UY.World Bank.WDI: Trade Statistics. Lead time to export is the median time (the value for 50 percent of shipments) from shipment point to port of loading. Data are from the Logistics Performance Index survey. Respondents provided separate values for the best case (10 percent of shipments) and the median case (50 percent of shipments). The data are exponentiated averages of the logarithm of single value responses and of midpoint values of range responses for the median case.; ; World Bank and Turku School of Economics, Logistic Performance Index Surveys. Data are available online at : http://www.worldbank.org/lpi. Summary results are published in Arvis and others' Connecting to Compete: Trade Logistics in the Global Economy, The Logistics Performance Index and Its Indicators report.; Unweighted average;
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UY: Imports: Number of Documents data was reported at 7.000 Number in 2014. This stayed constant from the previous number of 7.000 Number for 2013. UY: Imports: Number of Documents data is updated yearly, averaging 7.000 Number from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 7.000 Number in 2014 and a record low of 7.000 Number in 2014. UY: Imports: Number of Documents data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uruguay – Table UY.World Bank: Trade Statistics. All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
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Uruguay UY: Goods Trade: % of GDP data was reported at 29.110 % in 2017. This records an increase from the previous number of 28.722 % for 2016. Uruguay UY: Goods Trade: % of GDP data is updated yearly, averaging 28.020 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 49.434 % in 2008 and a record low of 15.295 % in 1973. Uruguay UY: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Uruguay – Table UY.World Bank.WDI: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;
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Key information about Uruguay Total Exports
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Uruguay recorded a trade surplus of 30621 USD Thousand in May of 2025. This dataset provides - Uruguay Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.