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2022
Flag → Flag
Exports $2.92BRnk 31 / 223
2022
Flag → Flag
Top Product $346MCrude Petroleum
2022
Flag → Flag
Exports $1.69BRnk 2 / 168
2022
Flag → Flag
Top Product $236MDelivery Trucks
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Brazil-Uruguay Trade: In 2022, Brazil exported $2.92B to Uruguay. The main products that Brazil exported to Uruguay were Crude Petroleum ($346M), Cars ($233M), and Delivery Trucks ($158M). Over the past 5 years the exports of Brazil to Uruguay have increased at an annualized rate of 4.32%, from $2.37B in 2017 to $2.92B in 2022.

In 2022, Brazil did not export any services to Uruguay.

Uruguay-Brazil Trade: In 2022, Uruguay exported $1.69B to Brazil. The main products that Uruguay exported to Brazil were Delivery Trucks ($236M), Malt ($223M), and Concentrated Milk ($178M). Over the past 5 years the exports of Uruguay to Brazil have increased at an annualized rate of 4.95%,  from $1.32B in 2017 to $1.69B in 2022.

In 2022, Uruguay did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $263M and imported $194M from Uruguay, resulting in a positive trade balance of $68.4M. Between October 2023 and October 2024 the exports of Brazil have decreased by $-15.3M (-5.5%) from $278M to $263M, while imports decreased by $-28.1M (-12.6%) from $222M to $194M.

Trade In October 2024, the top exports of Brazil to Uruguay were Cars ($19M), Tractors ($10.1M), Delivery Trucks ($9.94M), Bovine Meat ($9.78M), and Pig Meat ($7.09M). In October 2024 the top imports of Brazil from Uruguay were Wheat ($28.2M), Malt ($21.2M), Concentrated Milk ($20.3M), Rice ($15.9M), and Plastic Lids ($12.9M).

Origins In October 2024 the exports of Brazil were mainly from São Paulo ($84.6M), Rio Grande do Sul ($54.5M), Paraná ($49.2M), Santa Catarina ($23.6M), and Minas Gerais ($14.5M), while imports destinations were mainly Rio Grande do Sul ($42.8M), Santa Catarina ($40.1M), São Paulo ($33.5M), Minas Gerais ($29.2M), and Espírito Santo ($14.4M).

Growth In October 2024, the decrease in Brazil's year-by-year exports to Uruguay was explained primarily by an decrease in product exports in Delivery Trucks ($-5.09M or -33.9%), Cars ($-2.98M or -13.5%), and Coated Flat-Rolled Iron ($-1.55M or -87.2%). In October 2024, the decrease in Brazil's year-by-year imports  from Uruguay was explained primarily by an decrease in product imports  in Buses ($-14.1M or -99.5%), Bovine Meat ($-1.32M or -68.6%), and Other Small Iron Pipes ($-1.21M or -53.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$-15.3M(-5.5%)
IMPORT GROWTH (October 2023 - October 2024)$-28.1M(-12.6%)
MAIN EXPORTER (October 2024)São Paulo$84.6M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Uruguay and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uruguay and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $2.92B to Uruguay. The main products exported from Brazil to Uruguay were Crude Petroleum ($346M), Cars ($233M), and Delivery Trucks ($158M). During the last 5 years the exports of Brazil to Uruguay have increased at an annualized rate of 4.32%, from $2.37B in 2017 to $2.92B in 2022.

In 2017, Uruguay exported $1.69B to Brazil. The main products exported from Uruguay to Brazil were Delivery Trucks ($236M), Malt ($223M), and Concentrated Milk ($178M). During the last 5 years the exports of Uruguay to Brazil have increased at an annualized rate of 4.95%, from $1.32B in 2022 to $1.69B in 2017.

Exports from Brazil (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Uruguay
Top DestinationChina$2.89B

This map shows whether countries import more from Brazil or Uruguay. Each country is colored based on the difference in imports they receive from Brazil and Uruguay or the difference in the growth in imports.

In 2022, countries that imported more from Brazil than Uruguay included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Uruguay than Brazil included French Polynesia ($21.8M).

Difference in imports from Uruguay (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Uruguay

Flow
Scale

This chart compares trade between Brazil and Uruguay by product, considering products traded by both, Brazil and Uruguay.

During 2022, Brazil had a large net trade with Uruguay in the exports of Transportation ($577M), Mineral Products ($401M), and Machines ($288M).

During 2017, Uruguay had a large net trade with Brazil in the exports of Vegetable Products ($379M), Animal Products ($334M), and Transportation ($329M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Uruguay+$107MCrude Petroleum
Top Product Potential Uruguay Brazil+$14.9MFrozen Bovine Meat

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Uruguay. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Uruguay (Flag) (2022)

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