Packaged Medicaments in Uruguay

2019
Exports | Imports
: $61.4M | $402M, World Rnk 75 / 205
Flag Rnk 27 / 941 | World Rnk 78 / 224
Flag Rnk 2 / 1151

2019
Destination | Origin
: $11.9M | $103M, Brazil | Argentina

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $1.69M | $13.1M, Brazil |  Sweden

2019
ECONOMIC COMPLEXITY of Uruguay
: 0.16, Rnk 64 / 157

2019
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.64, Rnk 320 / 1029

Exports: In 2019, Uruguay exported $61.4M in Packaged Medicaments, making it the 75th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 27th most exported product in Uruguay. The main destination of Packaged Medicaments exports from Uruguay are: Brazil ($11.9M), Paraguay ($9.69M), South Africa ($4.09M), Argentina ($3.31M), and Lebanon ($3.1M).

The fastest growing export markets for Packaged Medicaments of Uruguay between 2018 and 2019 were Brazil ($1.69M), Colombia ($1.39M), and South Africa ($657k).

Imports: In 2019, Uruguay imported $402M in Packaged Medicaments, becoming the 78th 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 ($103M), Italy ($64.6M), Switzerland ($52.4M), United States ($45.2M), and United Kingdom ($29.6M).

The fastest growing import markets in Packaged Medicaments for Uruguay between 2018 and 2019 were Sweden ($13.1M), Brazil ($4.14M), and Netherlands ($2.86M).

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 (2019): $61.4M

IMPORTS (2019): $402M

NET TRADE (2019): -$340M

In 2019, Uruguay exported $61.4M in Packaged Medicaments. The main destinations of Uruguay exports on Packaged Medicaments were Brazil ($11.9M), Paraguay ($9.69M), South Africa ($4.09M), Argentina ($3.31M), and Lebanon ($3.1M).

In 2019, Uruguay imported $402M in Packaged Medicaments, mainly from Argentina ($103M), Italy ($64.6M), Switzerland ($52.4M), United States ($45.2M), and United Kingdom ($29.6M).

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IN 2019, Uruguay HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2019, Uruguay HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Uruguay WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Uruguay WERE (2018 - 2019):

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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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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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