2022
Exports
$187kWorld Rnk 174 / 214
Flag Rnk 391 / 918
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$297MWorld Rnk 147 / 225
Flag Rnk 7 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $187k in Refined Petroleum, making it the 174th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 391st most exported product in Uruguay. The main destination of Refined Petroleum exports from Uruguay are: Paraguay ($145k), United States ($22.4k), Slovenia ($6.01k), Argentina ($3.14k), and Japan ($2.58k).

The fastest growing export markets for Refined Petroleum of Uruguay between 2021 and 2022 were United States ($22.4k), Japan ($2.58k), and United Kingdom ($2.51k).

Imports In 2022, Uruguay imported $297M in Refined Petroleum, becoming the 147th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most imported product in Uruguay. Uruguay imports Refined Petroleum primarily from: India ($82.1M), United States ($58.3M), United Arab Emirates ($39.6M), Bahrain ($33.7M), and Brazil ($20.5M).

The fastest growing import markets in Refined Petroleum for Uruguay between 2021 and 2022 were Bahrain ($33.5M), United Arab Emirates ($23.5M), and India ($18.9M).

Latest Trends

Sep 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 Refined Petroleum. 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)$187k
IMPORTS (2022)$297M
NET TRADE (2022)-$297M

In 2022, Uruguay exported $187k in Refined Petroleum. The main destinations of Uruguay exports on Refined Petroleum were Paraguay ($145k), United States ($22.4k), Slovenia ($6.01k), Argentina ($3.14k), and Japan ($2.58k).

In 2022, Uruguay imported $297M in Refined Petroleum, mainly from India ($82.1M), United States ($58.3M), United Arab Emirates ($39.6M), Bahrain ($33.7M), and Brazil ($20.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
United States$22.4k (1%)
Japan$2.58k (43k%)
United Kingdom$2.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Uruguay WERE (2021 - 2022):
Argentina-$11.2M (-100%)
Paraguay-$142k (-49.4%)
Trinidad and Tobago-$20.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Refined Petroleum were:
In 2022, Uruguay's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $146k
TOP IMPORT POTENTIALUnited States+ $42M

Refined Petroleum’s highest export potential is United States. With an export gap of $146k.   Refined Petroleum’s highest import potential is United States with an import gap of $42M.

See methodology.

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