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Uruguay's trade data reflects its economic activities in the global market. In 2022, Uruguay was ranked as the 98th largest exporter in the world, with key exports including frozen bovine meat, sulfate chemical woodpulp, and soybeans, primarily to China, Brazil, and Argentina. On the import side, Uruguay's top imports were crude petroleum, cars, and packaged medicaments, mainly from Brazil, China, and the United States. The country's trade balance is influenced by its strategic location bordering Argentina and Brazil, and its economy is characterized by a high level of economic complexity.
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China: $2.89 billion (24.1% of total exports)
Brazil: $1.69 billion (14.1%)
Argentina: $999 million (8.3%)
United States: $818 million (6.8%)
Netherlands: $587 million (4.9%)
Germany: $368 million (3.1%)
Mexico: $203.7 million (1.7%)
Chile: $169.5 million (1.4%)
Paraguay: $144.5 million (1.2%)
Spain: $88.2 million (0.7%)
Meat: $2.9 billion (25.8% of total exports)
Oil seeds: $2.1 billion (19.1%)
Wood: $1.1 billion (9.7%)
Dairy, eggs, honey: $894.8 million (8%)
Cereals: $819.1 million (7.3%)
Vehicles: $438 million (3.9%)
Plastics and plastic articles: $352.8 million (3.2%)
Animal/vegetable fats, oils, and waxes: $293.4 million (2.6%)
Milling products, malt, starches: $289.5 million (2.6%)
Pharmaceuticals: $184.6 million (1.6%)
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