HS Icon Frozen Bovine Meat in  Flag Uruguay

2019
Exports | Imports
: $1.51B | $13.6M, World Rnk 7 / 131
Flag Rnk 2 / 941 | World Rnk 91 / 220
Flag Rnk 146 / 1151

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $392M | $5.15M, China |  Brazil

2019
ECONOMIC COMPLEXITY of Uruguay
: 0.11, Rnk 64 / 147

2019
PRODUCT COMPLEXITY  IN Frozen Bovine Meat
: -0.8, Rnk 780 / 1029

Exports: In 2019, Uruguay exported $1.51B in Frozen Bovine Meat, making it the 7th largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 2nd most exported product in Uruguay. The main destination of Frozen Bovine Meat exports from Uruguay are: China ($1.12B), United States ($189M), Brazil ($35M), Canada ($29.7M), and Israel ($29.4M).

The fastest growing export markets for Frozen Bovine Meat of Uruguay between 2018 and 2019 were China ($392M), United States ($11.8M), and Brazil ($4.76M).

Imports: In 2019, Uruguay imported $13.6M in Frozen Bovine Meat, becoming the 91st largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 146th most imported product in Uruguay. Uruguay imports Frozen Bovine Meat primarily from: Brazil ($10.4M), China ($1.19M), Germany ($518k), United States ($482k), and Paraguay ($365k).

The fastest growing import markets in Frozen Bovine Meat for Uruguay between 2018 and 2019 were Brazil ($5.15M), China ($1.08M), and Germany ($439k).

Tariffs: In 2018, the average tariff for Uruguay in Frozen Bovine Meat was 10.8%. The countries with the highest import tariffs for Frozen Bovine Meat were Angola (Most Favoured Nation duty rate treatement, 11.2%), Burundi (Most Favoured Nation duty rate treatement, 11.2%), Benin (Most Favoured Nation duty rate treatement, 11.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 11.2%), and Botswana (Most Favoured Nation duty rate treatement, 11.2%).

Historical Data

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Value

EXPORTS (2019): $1.51B

IMPORTS (2019): $13.6M

NET TRADE (2019): $1.49B

In 2019, Uruguay exported $1.51B in Frozen Bovine Meat. The main destinations of Uruguay exports on Frozen Bovine Meat were China ($1.12B), United States ($189M), Brazil ($35M), Canada ($29.7M), and Israel ($29.4M).

In 2019, Uruguay imported $13.6M in Frozen Bovine Meat, mainly from Brazil ($10.4M), China ($1.19M), Germany ($518k), United States ($482k), and Paraguay ($365k).

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IN 2019, Uruguay HAD A POSITIVE NET TRADE IN Frozen Bovine Meat WITH:

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THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Uruguay WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Uruguay WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, Uruguay's main exporting competitors in Frozen Bovine Meat were:

In 2018, Uruguay's main importing competitors in Frozen Bovine Meat were:

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Tariffs by Country

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In 2018, the average tariff for Uruguay in Frozen Bovine Meat was 10.8%.

The countries with the highest tariffs for Frozen Bovine Meat in Uruguay were Angola (Most Favoured Nation duty rate treatement, 11.2%), Burundi (Most Favoured Nation duty rate treatement, 11.2%), Benin (Most Favoured Nation duty rate treatement, 11.2%), Burkina Faso (Most Favoured Nation duty rate treatement, 11.2%), and Botswana (Most Favoured Nation duty rate treatement, 11.2%).