Packaged Medicaments in Uruguay

EXPORTS (2018): $61.7M, World Rnk 74 / 190
Flag Rnk 28 / 818

TOP DESTINATION (2018): $10.2M, Brazil

FASTEST GROWING MARKET (2017 - 2018): $1.83M, Brazil

IMPORTS (2018): $416M, World Rnk 74 / 217
Flag Rnk 2 / 1131

TOP ORIGIN (2018): $110M, Argentina

FASTEST GROWING ORIGIN (2017 - 2018): $65.6M, Italy

ECONOMIC COMPLEXITY of Uruguay (2018): 0.17, Rnk 58 / 137

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Uruguay.

Exports: In 2018, Uruguay exported $61.7M in Packaged Medicaments, making it the 74th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 28th most exported product in Uruguay. The main destination of Packaged Medicaments exports from Uruguay are: Brazil ($10.2M), Paraguay ($10.2M), Lebanon ($5.42M), Argentina ($5.12M), and South Africa ($3.43M).

The fastest growing export markets for Packaged Medicaments of Uruguay between 2017 and 2018 were Brazil ($1.83M), Argentina ($1.31M), and Paraguay ($912k).

Imports: In 2018, Uruguay imported $416M in Packaged Medicaments, becoming the 74th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most imported product in Uruguay. Uruguay imports Packaged Medicaments primarily from: Argentina ($110M), Italy ($73.1M), Switzerland ($65M), United States ($48.8M), and United Kingdom ($32.3M).

The fastest growing import markets in Packaged Medicaments for Uruguay between 2017 and 2018 were Italy ($65.6M), Argentina ($63M), and Switzerland ($58.4M).

Tariffs: In 2018, the average tariff for Uruguay in Packaged Medicaments was 8.7%. The countries with the highest import tariffs for Packaged Medicaments were Panama (9.22%), Angola (9.11%), Burundi (9.11%), Benin (9.11%), and Burkina Faso (9.11%).

Value

EXPORTS (2018): $61.7M

IMPORTS (2018): $416M

NET TRADE (2018): -$354M

In 2018, Uruguay exported $61.7M in Packaged Medicaments. The main destinations of Uruguay exports on Packaged Medicaments were Brazil ($10.2M), Paraguay ($10.2M), Lebanon ($5.42M), Argentina ($5.12M), and South Africa ($3.43M).

In 2018, Uruguay imported $416M in Packaged Medicaments, mainly from Argentina ($110M), Italy ($73.1M), Switzerland ($65M), United States ($48.8M), and United Kingdom ($32.3M).

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IN 2018, Uruguay HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • Paraguay, $7.35M ($10.2M - $2.83M)
  • Lebanon, $5.42M ($5.42M - $0)
  • South Africa, $3.36M ($3.43M - $68.1k)

IN 2018, Uruguay HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Argentina, -$105M ($5.12M - $110M)
  • Italy, -$73.1M ($7.84k - $73.1M)
  • Switzerland, -$64.9M ($40.5k - $65M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Uruguay WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Uruguay WERE (2017 - 2018):

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Market Concentration

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In 2018, Uruguay's main exporting competitors in Packaged Medicaments were:

In 2018, Uruguay's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Uruguay. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Uruguay in Packaged Medicaments was 8.7%.

The countries with the highest tariffs for Packaged Medicaments in Uruguay were Panama (9.22%), Angola (9.11%), Burundi (9.11%), Benin (9.11%), and Burkina Faso (9.11%).

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