United States / Uruguay

Overview In January 2024, United States exported $131M and imported $113M from Uruguay, resulting in a positive trade balance of $17.9M. Between January 2023 and January 2024 the exports of United States have decreased by $-88.6M (-40.3%) from $220M to $131M, while imports increased by $47.2M (71.5%) from $66M to $113M.

Trade In January 2024, the top exports of United States to Uruguay were Crude Petroleum ($85M), Telephones ($12.2M), Refined Petroleum ($10.9M), Sodium or Potassium Peroxides ($10.5M), and Commodities not elsewhere specified ($9.4M). In January 2024 the top imports of United States from Uruguay were Frozen Bovine Meat ($23.3M), Sulfate Chemical Woodpulp ($14.7M), Other Prepared Meat ($5.19M), Sawn Wood ($4.12M), and Commodities not elsewhere specified ($3.22M).

Origins In January 2024 the exports of United States were mainly from Florida ($52.6M), California ($13.2M), Indiana ($9.72M), Texas ($7.55M), and Illinois ($4.89M), while imports destinations were mainly New Jersey ($21.7M), Pennsylvania ($15.6M), Louisiana ($11M), California ($10.3M), and Texas ($8.57M).

Growth In January 2024, the decrease in United States's year-by-year exports to Uruguay was explained primarily by an decrease in product exports in Saturated Acyclic Monocarboxylic Acids ($-1.78M or -96.2%), Packaged Medicaments ($-1.6M or -21%), and Other Electrical Machinery ($-1.45M or -93.2%). In January 2024, the increase in United States's year-by-year imports  from Uruguay was explained primarily by an increase in product imports  in Frozen Bovine Meat ($11.6M or 98.8%), Sulfate Chemical Woodpulp ($5.57M or 61.2%), and Medical Instruments ($1.13M or 200%).