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Uruguay Trade Summary

2022

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 2022

Overall Exports and Imports for Uruguay 2022

Exports and imports of Uruguay in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 11,184 million.
  • The total value of imports (CIF) was 12,973 million.
  • At the HS6 digit level, 1,793 products were exported to 156 countries and 3,847 products were imported from 176 countries.

Uruguay top 5 Export and Import partners 2022

Top five countries to which Uruguay exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Uruguay exports to China worth US$ 2,404 million, with a partner share of 21.50 percent.
  2. Uruguay exports to Free Zones worth US$ 2,112 million, with a partner share of 18.89 percent.
  3. Uruguay exports to Brazil worth US$ 1,676 million, with a partner share of 14.99 percent.
  4. Uruguay exports to Argentina worth US$ 905 million, with a partner share of 8.09 percent.
  5. Uruguay exports to United States worth US$ 696 million, with a partner share of 6.23 percent.

Top five countries from which Uruguay imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Uruguay imports from Brazil worth US$ 2,582 million, with a partner share of 19.90 percent.
  2. Uruguay imports from China worth US$ 2,349 million, with a partner share of 18.11 percent.
  3. Uruguay imports from United States worth US$ 2,050 million, with a partner share of 15.80 percent.
  4. Uruguay imports from Argentina worth US$ 1,488 million, with a partner share of 11.47 percent.
  5. Uruguay imports from Nigeria worth US$ 381 million, with a partner share of 2.94 percent.

Uruguay Top 5 Productsexports imports at HS 6 digit level 2022

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

  1. Uruguay exported Soya beans , worth 1,922,262.05 (US$ Thousands).
  2. Uruguay exported Frozen boneless bovine meat , worth 1,829,949.94 (US$ Thousands).
  3. Uruguay exported Wood, nes in the rough..., (excl. treated) , worth 557,342.08 (US$ Thousands).
  4. Uruguay exported Milk and cream in solid forms of >1.5% fat, uns , worth 521,060.54 (US$ Thousands).
  5. Uruguay exported Fresh or chilled boneless bovine meat , worth 430,867.28 (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 1,656,540.68 (US$ Thousands).
  2. Uruguay imported Petroleum oils, etc, (excl. crude); preparation , worth 354,467.37 (US$ Thousands).
  3. Uruguay imported Transmission apparatus, for radioteleph incorpo , worth 341,310.60 (US$ Thousands).
  4. Uruguay imported Urea , worth 251,349.51 (US$ Thousands).
  5. Uruguay imported Herbicides, anti-sprouting products and plant g , worth 214,036.45 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Uruguay in 2022 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 10.85 percent.
  • The trade weighted average tariff was 6.53 .
  • The total duty free imports in thousands of US dollars were 5,255,443 and duty free tariff line items share was 23.69 percent.

Development Indicators 2022

Key Development Indicators of Uruguay in 2022 are below

  • Uruguay GDP in current US dollar was 71,177 million.
  • GNI per capita, Atlas method (current US$) was 18,030.00 .
  • Uruguay Trade balance: as % of GDP was 5.45.
  • Trade balance in current US$ was 3,881.00 million.
  • Trade as percentage of GDP was 57.19 .
  • Trade in services as percentage of GDP was 14.79 .

Trade Indicators 2022

Trade Indicators for Uruguay in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 2.87.
  • World Growth in percentage was 5.18 and Uruguay Country Growth was 10.34 .