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2022
Exports $46.7kWorld Rnk 122 / 149
Flag Rnk 531 / 918
2022
Destination $1.95k Brazil
2021 - 2022
FASTEST GROWING MARKET $1.95kBrazil
2022
PRODUCT COMPLEXITY IN Palm Oil-2.31Rnk 1012 / 1025
2022
Imports $44.9MWorld Rnk 96 / 208
Flag Rnk 62 / 1152
2022
Origin $9.6M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $9.6MDenmark
2022
ECONOMIC COMPLEXITY of Uruguay0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $46.7k in Palm Oil, making it the 122nd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 531st most exported product in Uruguay. The main destination of Palm Oil exports from Uruguay are: Brazil ($46.6k) and United Kingdom ($60).

The fastest growing export markets for Palm Oil of Uruguay between 2021 and 2022 were Brazil ($1.95k) and United Kingdom ($60).

Imports In 2022, Uruguay imported $44.9M in Palm Oil, becoming the 96th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 62nd most imported product in Uruguay. Uruguay imports Palm Oil primarily from: Denmark ($25.8M), Brazil ($9.29M), Indonesia ($7.89M), Malaysia ($1.05M), and Belgium ($475k).

The fastest growing import markets in Palm Oil for Uruguay between 2021 and 2022 were Denmark ($9.6M), Brazil ($5.58M), and Indonesia ($1.61M).

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 Palm Oil. 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)$46.7k
IMPORTS (2022)$44.9M
NET TRADE (2022)-$44.9M

In 2022, Uruguay exported $46.7k in Palm Oil. The main destinations of Uruguay exports on Palm Oil were Brazil ($46.6k) and United Kingdom ($60).

In 2022, Uruguay imported $44.9M in Palm Oil, mainly from Denmark ($25.8M), Brazil ($9.29M), Indonesia ($7.89M), Malaysia ($1.05M), and Belgium ($475k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Brazil$1.95k (4.38%)
United Kingdom$60 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Uruguay WERE (2021 - 2022):Austria-$226 (-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 Palm Oil were:
Indonesia $28.7B
Malaysia $17.7B
Thailand $1.31B
In 2022, Uruguay's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B
Pakistan $3.8B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $45.1k
TOP IMPORT POTENTIALIndonesia+ $4.2M

Palm Oil’s highest export potential is Brazil. With an export gap of $45.1k.   Palm Oil’s highest import potential is Indonesia with an import gap of $4.2M.

See methodology.

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