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Uruguay Trade Summary

2021

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 2021

Overall Exports and Imports for Uruguay 2021

Exports and imports of Uruguay in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 9,535 million.
  • The total value of imports (CIF) was 10,320 million.
  • At the HS6 digit level, 1,751 products were exported to 162 countries and 3,810 products were imported from 163 countries.

Uruguay top 5 Export and Import partners 2021

Top five countries to which Uruguay exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Uruguay exports to China worth US$ 2,594 million, with a partner share of 27.20 percent.
  2. Uruguay exports to Brazil worth US$ 1,742 million, with a partner share of 18.27 percent.
  3. Uruguay exports to Free Zones worth US$ 1,196 million, with a partner share of 12.55 percent.
  4. Uruguay exports to United States worth US$ 542 million, with a partner share of 5.69 percent.
  5. Uruguay exports to Argentina worth US$ 469 million, with a partner share of 4.91 percent.

Top five countries from which Uruguay imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Uruguay imports from Brazil worth US$ 2,060 million, with a partner share of 19.96 percent.
  2. Uruguay imports from China worth US$ 1,997 million, with a partner share of 19.35 percent.
  3. Uruguay imports from Argentina worth US$ 1,310 million, with a partner share of 12.69 percent.
  4. Uruguay imports from United States worth US$ 930 million, with a partner share of 9.01 percent.
  5. Uruguay imports from Nigeria worth US$ 410 million, with a partner share of 3.97 percent.

Uruguay Top 5 Productsexports imports at HS 6 digit level 2021

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 1,708,160.01 (US$ Thousands).
  2. Uruguay exported Soya beans , worth 892,719.13 (US$ Thousands).
  3. Uruguay exported Electrical energy , worth 525,303.36 (US$ Thousands).
  4. Uruguay exported Milk and cream in solid forms of >1.5% fat, uns , worth 494,375.48 (US$ Thousands).
  5. Uruguay exported Wood, nes in the rough..., (excl. treated) , worth 492,037.09 (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 1,111,576.32 (US$ Thousands).
  2. Uruguay imported Transmission apparatus, for radioteleph incorpo , worth 252,539.76 (US$ Thousands).
  3. Uruguay imported Petroleum oils, etc, (excl. crude); preparation , worth 238,085.18 (US$ Thousands).
  4. Uruguay imported Urea , worth 151,940.88 (US$ Thousands).
  5. Uruguay imported Herbicides, anti-sprouting products and plant g , worth 147,154.08 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Uruguay in 2021 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 9.88 percent.
  • The trade weighted average tariff was 5.25 .
  • The total duty free imports in thousands of US dollars were 3,882,327.14 and duty free tariff line items share was 30.33 percent.

Development Indicators 2021

Key Development Indicators of Uruguay in 2021 are below

  • Uruguay GDP in current US dollar was 61,412 million.
  • GNI per capita, Atlas method (current US$) was 16,150.00 .
  • Uruguay Trade balance: as % of GDP was 6.55.
  • Trade balance in current US$ was 4,021.00 million.
  • Trade as percentage of GDP was 54.42 .
  • Trade in services as percentage of GDP was 12.07 .

Trade Indicators 2021

Trade Indicators for Uruguay in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 2.94.
  • World Growth in percentage was 12.50 and Uruguay Country Growth was 17.07 .