2022
Exports
$1.84MWorld Rnk 105 / 216
Flag Rnk 178 / 918
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$55.4MWorld Rnk 92 / 225
Flag Rnk 49 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $1.84M in Machinery Having Individual Functions, making it the 105th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 178th most exported product in Uruguay. The main destination of Machinery Having Individual Functions exports from Uruguay are: Dominican Republic ($581k), South Africa ($198k), Kenya ($156k), Mexico ($149k), and United States ($97.4k).

The fastest growing export markets for Machinery Having Individual Functions of Uruguay between 2021 and 2022 were Dominican Republic ($581k), South Africa ($198k), and Kenya ($156k).

Imports In 2022, Uruguay imported $55.4M in Machinery Having Individual Functions, becoming the 92nd largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 49th most imported product in Uruguay. Uruguay imports Machinery Having Individual Functions primarily from: Germany ($17.5M), Brazil ($7.97M), Italy ($7.14M), China ($5.98M), and United States ($4.44M).

The fastest growing import markets in Machinery Having Individual Functions for Uruguay between 2021 and 2022 were Germany ($9.03M), Italy ($931k), and Argentina ($414k).

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 Machinery Having Individual Functions. 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)$1.84M
IMPORTS (2022)$55.4M
NET TRADE (2022)-$53.5M

In 2022, Uruguay exported $1.84M in Machinery Having Individual Functions. The main destinations of Uruguay exports on Machinery Having Individual Functions were Dominican Republic ($581k), South Africa ($198k), Kenya ($156k), Mexico ($149k), and United States ($97.4k).

In 2022, Uruguay imported $55.4M in Machinery Having Individual Functions, mainly from Germany ($17.5M), Brazil ($7.97M), Italy ($7.14M), China ($5.98M), and United States ($4.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
South Africa$198k (733k%)
Kenya$156k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Uruguay WERE (2021 - 2022):
Panama-$128k (-86.4%)
India-$114k (-100%)
Guatemala-$101k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Uruguay's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $228k
TOP IMPORT POTENTIALChina+ $3.24M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $228k.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $3.24M.

See methodology.

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