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2022
Exports $12.3kWorld Rnk 75 / 140
Flag Rnk 661 / 918
2022
Destination $273 Ecuador
2021 - 2022
FASTEST GROWING MARKET $273Portugal
2022
Imports $176kWorld Rnk 94 / 211
Flag Rnk 910 / 1152
2022
Origin $10.1k China
2021 - 2022
FASTEST GROWING ORIGIN $10.1kUnited States
2022
ECONOMIC COMPLEXITY of Uruguay0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $12.3k in Time Recording Instruments, making it the 75th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 661st most exported product in Uruguay. The main destination of Time Recording Instruments exports from Uruguay are: Ecuador ($12k) and Portugal ($273).

The fastest growing export markets for Time Recording Instruments of Uruguay between 2021 and 2022 were Portugal ($273).

Imports In 2022, Uruguay imported $176k in Time Recording Instruments, becoming the 94th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 910th most imported product in Uruguay. Uruguay imports Time Recording Instruments primarily from: China ($83.2k), United States ($25.7k), Hong Kong ($13.3k), Chinese Taipei ($10.4k), and Spain ($8.8k).

The fastest growing import markets in Time Recording Instruments for Uruguay between 2021 and 2022 were United States ($10.1k), Spain ($7.77k), and Poland ($7.61k).

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 Time Recording Instruments. 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)$12.3k
IMPORTS (2022)$176k
NET TRADE (2022)-$164k

In 2022, Uruguay exported $12.3k in Time Recording Instruments. The main destinations of Uruguay exports on Time Recording Instruments were Ecuador ($12k) and Portugal ($273).

In 2022, Uruguay imported $176k in Time Recording Instruments, mainly from China ($83.2k), United States ($25.7k), Hong Kong ($13.3k), Chinese Taipei ($10.4k), and Spain ($8.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):Portugal$273 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Uruguay WERE (2021 - 2022):
Ecuador-$11.8k (-49.6%)
Costa Rica-$621 (-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 Time Recording Instruments were:
China $168M
France $41.2M
United States $24.5M
In 2022, Uruguay's main importing competitors in Time Recording Instruments were:
United States $54.5M
Germany $34.3M
Japan $34M

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $353
TOP IMPORT POTENTIALChina+ $18.8k

Time Recording Instruments’s highest export potential is United States. With an export gap of $353.   Time Recording Instruments’s highest import potential is China with an import gap of $18.8k.

See methodology.

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