2021
Exports | Imports
$61 | $1.06BWorld Rnk 137 / 147
Flag Rnk 882 / 909
World Rnk 54 / 163
Flag Rnk 1 / 1153
2021
ECONOMIC COMPLEXITY of Uruguay
0.1Rnk 57 / 131
2021
PRODUCT COMPLEXITY IN Crude Petroleum
-2.36Rnk 1013 / 1024

About

Exports In 2021, Uruguay exported $61 in Crude Petroleum, making it the 137th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 882nd most exported product in Uruguay. The main destination of Crude Petroleum exports from Uruguay are: Greece ($61).

The fastest growing export markets for Crude Petroleum of Uruguay between 2020 and 2021 were Greece ($61).

Imports In 2021, Uruguay imported $1.06B in Crude Petroleum, becoming the 54th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Uruguay. Uruguay imports Crude Petroleum primarily from: Nigeria ($396M), United States ($332M), Angola ($273M), and Ghana ($54.4M).

The fastest growing import markets in Crude Petroleum for Uruguay between 2020 and 2021 were Nigeria ($357M), Angola ($73.3M), and Ghana ($54.4M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$61
IMPORTS (2021)$1.06B
NET TRADE (2021)-$1.06B

In 2021, Uruguay exported $61 in Crude Petroleum. The main destinations of Uruguay exports on Crude Petroleum were Greece ($61).

In 2021, Uruguay imported $1.06B in Crude Petroleum, mainly from Nigeria ($396M), United States ($332M), Angola ($273M), and Ghana ($54.4M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Uruguay WERE (2020 - 2021):Greece$61 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Uruguay WERE (2020 - 2021):
India-$31M (-100%)
Philippines-$28.3M (-100%)
Netherlands-$16.4M (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Uruguay's main exporting competitors in Crude Petroleum were:
In 2021, Uruguay's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

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