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Uruguay Trade Summary

2020

Uruguay exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR URUGUAY 2020

Overall Exports and Imports for Uruguay 2020

Exports and imports of Uruguay in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 6,864 million.
  • The total value of imports (CIF) was 7,564 million.
  • At the HS6 digit level, 1,781 products were exported to 154 countries and 3,813 products were imported from 165 countries.

Uruguay top 5 Export and Import partners 2020

Top five countries to which Uruguay exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Uruguay exports to China worth US$ 1,390 million, with a partner share of 20.26 percent.
  2. Uruguay exports to Free Zones worth US$ 1,132 million, with a partner share of 16.49 percent.
  3. Uruguay exports to Brazil worth US$ 1,054 million, with a partner share of 15.36 percent.
  4. Uruguay exports to United States worth US$ 524 million, with a partner share of 7.64 percent.
  5. Uruguay exports to Argentina worth US$ 300 million, with a partner share of 4.36 percent.

Top five countries from which Uruguay imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Uruguay imports from Brazil worth US$ 1,594 million, with a partner share of 21.07 percent.
  2. Uruguay imports from China worth US$ 1,440 million, with a partner share of 19.04 percent.
  3. Uruguay imports from Argentina worth US$ 985 million, with a partner share of 13.02 percent.
  4. Uruguay imports from United States worth US$ 864 million, with a partner share of 11.43 percent.
  5. Uruguay imports from Angola worth US$ 213 million, with a partner share of 2.82 percent.

Uruguay Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Uruguay along with trade value are:

  1. Uruguay exported Frozen boneless bovine meat , worth 1,102,398.64 (US$ Thousands).
  2. Uruguay exported Soya beans , worth 762,141.99 (US$ Thousands).
  3. Uruguay exported Wood, nes in the rough..., (excl. treated) , worth 555,169.11 (US$ Thousands).
  4. Uruguay exported Milk and cream in solid forms of >1.5% fat, uns , worth 420,727.29 (US$ Thousands).
  5. Uruguay exported Semi-milled or wholly milled rice , worth 333,151.48 (US$ Thousands).

The top five imported HS 6 digit level products from world by Uruguay along with trade value are

  1. Uruguay imported Petroleum oils and oils obtained from bituminou , worth 681,093.06 (US$ Thousands).
  2. Uruguay imported Transmission apparatus, for radioteleph incorpo , worth 231,435.33 (US$ Thousands).
  3. Uruguay imported Fresh or chilled boneless bovine meat , worth 115,950.16 (US$ Thousands).
  4. Uruguay imported Other medicaments of mixed or unmixed products, , worth 113,884.46 (US$ Thousands).
  5. Uruguay imported Herbicides, anti-sprouting products and plant g , worth 103,082.68 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Uruguay in 2020 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 9.93 percent.
  • The trade weighted average tariff was 5.29 .
  • The total duty free imports in thousands of US dollars were 3,881,485.38 and duty free tariff line items share was 30.14 percent.

Development Indicators 2020

Key Development Indicators of Uruguay in 2020 are below

  • Uruguay GDP in current US dollar was 53,667 million.
  • GNI per capita, Atlas method (current US$) was 16,080.00 .
  • Uruguay Trade balance: as % of GDP was 4.40.
  • Trade balance in current US$ was 2,361.00 million.
  • Trade as percentage of GDP was 46.02 .
  • Trade in services as percentage of GDP was 13.37 .

Trade Indicators 2020

Trade Indicators for Uruguay in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.88.
  • World Growth in percentage was -3.77 and Uruguay Country Growth was -5.52 .