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2022
Exports $233kWorld Rnk 69 / 160
Flag Rnk 371 / 918
2022
Destination $148k United States
2021 - 2022
FASTEST GROWING MARKET $148kUnited States
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories1.56Rnk 40 / 1025
2022
Imports $908kWorld Rnk 117 / 202
Flag Rnk 669 / 1152
2022
Origin $76k Germany
2021 - 2022
FASTEST GROWING ORIGIN $76kChina
2022
ECONOMIC COMPLEXITY of Uruguay0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $233k in Knitting Machine Accessories, making it the 69th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 371st most exported product in Uruguay. The main destination of Knitting Machine Accessories exports from Uruguay are: United States ($195k), Argentina ($26.8k), Peru ($11.1k), and Spain ($148).

The fastest growing export markets for Knitting Machine Accessories of Uruguay between 2021 and 2022 were United States ($148k), Argentina ($26.8k), and Peru ($11.1k).

Imports In 2022, Uruguay imported $908k in Knitting Machine Accessories, becoming the 117th largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 669th most imported product in Uruguay. Uruguay imports Knitting Machine Accessories primarily from: Germany ($338k), China ($140k), United States ($127k), Italy ($75.1k), and India ($53.9k).

The fastest growing import markets in Knitting Machine Accessories for Uruguay between 2021 and 2022 were China ($76k), Germany ($49.5k), and United States ($34.3k).

Latest Trends

Jul 2024

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 Knitting Machine Accessories. 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 (2022)$233k
IMPORTS (2022)$908k
NET TRADE (2022)-$675k

In 2022, Uruguay exported $233k in Knitting Machine Accessories. The main destinations of Uruguay exports on Knitting Machine Accessories were United States ($195k), Argentina ($26.8k), Peru ($11.1k), and Spain ($148).

In 2022, Uruguay imported $908k in Knitting Machine Accessories, mainly from Germany ($338k), China ($140k), United States ($127k), Italy ($75.1k), and India ($53.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
United States$148k (318%)
Argentina$26.8k (1%)
Peru$11.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Uruguay WERE (2021 - 2022):
Chile-$4.47k (-100%)
Italy-$3.34k (-100%)
Brazil-$2.57k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Knitting Machine Accessories were:
China $956M
Germany $952M
Italy $391M
In 2022, Uruguay's main importing competitors in Knitting Machine Accessories were:
China $856M
India $548M
Germany $490M

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $61.3k
TOP IMPORT POTENTIALChina+ $118k

Knitting Machine Accessories’s highest export potential is United States. With an export gap of $61.3k.   Knitting Machine Accessories’s highest import potential is China with an import gap of $118k.

See methodology.

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