2022
Exports
$502MWorld Rnk 11 / 176
Flag Rnk 5 / 918
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$737kWorld Rnk 192 / 221
Flag Rnk 709 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $502M in Rice, making it the 11th largest exporter of Rice in the world. At the same year, Rice was the 5th most exported product in Uruguay. The main destination of Rice exports from Uruguay are: Mexico ($98.7M), Brazil ($85.5M), Venezuela ($53M), Costa Rica ($35.2M), and Peru ($29.8M).

The fastest growing export markets for Rice of Uruguay between 2021 and 2022 were Mexico ($62.3M), Brazil ($31.8M), and Costa Rica ($28.8M).

Imports In 2022, Uruguay imported $737k in Rice, becoming the 192nd largest importer of Rice in the world. At the same year, Rice was the 709th most imported product in Uruguay. Uruguay imports Rice primarily from: United States ($340k), Brazil ($235k), Argentina ($60k), Paraguay ($42.5k), and Italy ($34.6k).

The fastest growing import markets in Rice for Uruguay between 2021 and 2022 were Paraguay ($32k), Japan ($2.54k), and Ecuador ($480).

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 Rice. 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)$502M
IMPORTS (2022)$737k
NET TRADE (2022)$501M

In 2022, Uruguay exported $502M in Rice. The main destinations of Uruguay exports on Rice were Mexico ($98.7M), Brazil ($85.5M), Venezuela ($53M), Costa Rica ($35.2M), and Peru ($29.8M).

In 2022, Uruguay imported $737k in Rice, mainly from United States ($340k), Brazil ($235k), Argentina ($60k), Paraguay ($42.5k), and Italy ($34.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Mexico$62.3M (171%)
Brazil$31.8M (59.3%)
Costa Rica$28.8M (451%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Uruguay WERE (2021 - 2022):
Iraq-$60.1M (-83.5%)
Peru-$35.1M (-54.1%)
Belgium-$5.9M (-22.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Uruguay's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.34M
TOP IMPORT POTENTIALBrazil+ $181k

Rice’s highest export potential is Germany. With an export gap of $2.34M.   Rice’s highest import potential is Brazil with an import gap of $181k.

See methodology.

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