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Pricing

2022
Flag → Flag
Exports $2.21BRnk 67 / 219
2022
Flag → Flag
Top Product $1.28BCrude Petroleum
2022
Flag → Flag
Exports $818MRnk 4 / 168
2022
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Top Product $275MFrozen Bovine Meat
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
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GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

United States-Uruguay Trade: In 2022, United States exported $2.21B to Uruguay. The main products that United States exported to Uruguay were Crude Petroleum ($1.28B), Refined Petroleum ($58.3M), and Mixed Mineral or Chemical Fertilizers ($43.7M). Over the past 5 years the exports of United States to Uruguay have increased at an annualized rate of 14.1%, from $1.14B in 2017 to $2.21B in 2022.

In 2022, United States did not export any services to Uruguay.

Uruguay-United States Trade: In 2022, Uruguay exported $818M to United States. The main products that Uruguay exported to United States were Frozen Bovine Meat ($275M), Sulfate Chemical Woodpulp ($66.3M), and Other Prepared Meat ($59.7M). Over the past 5 years the exports of Uruguay to United States have increased at an annualized rate of 11.5%,  from $474M in 2017 to $818M in 2022.

In 2022, Uruguay did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Company data: In 2023, leading companies such as Camposol Fresh (283), Lawrence Wholesale (240), and DAVID OPPENHEIMER CO. (141) were at the forefront of exporting goods from Uruguay to the United States. Conversely, Camposol Uruguay Srl (283), Ontilcor S.a. (151), and Other (85) were notable for importing products to Uruguay from the United States.

Latest Trends

September, 2024

About

Overview In September 2024, United States exported $149M and imported $95.8M from Uruguay, resulting in a positive trade balance of $53.5M. Between September 2023 and September 2024 the exports of United States have increased by $35.5M (31.2%) from $114M to $149M, while imports increased by $21.1M (28.3%) from $74.7M to $95.8M.

Trade In September 2024, the top exports of United States to Uruguay were Crude Petroleum ($85M), Telephones ($12.2M), Refined Petroleum ($10.9M), Sodium or Potassium Peroxides ($10.5M), and Commodities not elsewhere specified ($9.4M). In September 2024 the top imports of United States from Uruguay were Frozen Bovine Meat ($23.3M), Sulfate Chemical Woodpulp ($14.7M), Other Prepared Meat ($5.19M), Sawn Wood ($4.12M), and Commodities not elsewhere specified ($3.22M).

Origins In September 2024 the exports of United States were mainly from Florida ($32.4M), California ($26M), Indiana ($17.9M), Texas ($14.7M), and Georgia ($7.31M), while imports destinations were mainly New Jersey ($19.9M), Texas ($19.3M), Maryland ($14M), Pennsylvania ($10.9M), and Arkansas ($7.03M).

Growth In September 2024, the increase in United States's year-by-year exports to Uruguay was explained primarily by an increase in product exports in Crude Petroleum ($12.9M or 17.9%), Refined Petroleum ($10.4M or 2.03k%), and Telephones ($6.81M or 127%). In September 2024, the increase in United States's year-by-year imports  from Uruguay was explained primarily by an increase in product imports  in Frozen Bovine Meat ($11.6M or 98.8%), Sulfate Chemical Woodpulp ($5.57M or 61.2%), and Medical Instruments ($1.13M or 200%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$35.5M(31.2%)
IMPORT GROWTH (September 2023 - September 2024)$21.1M(28.3%)
MAIN EXPORTER (September 2024)Florida$32.4M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Uruguay and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uruguay and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $2.21B to Uruguay. The main products exported from United States to Uruguay were Crude Petroleum ($1.28B), Refined Petroleum ($58.3M), and Mixed Mineral or Chemical Fertilizers ($43.7M). During the last 5 years the exports of United States to Uruguay have increased at an annualized rate of 14.1%, from $1.14B in 2017 to $2.21B in 2022.

In 2017, Uruguay exported $818M to United States. The main products exported from Uruguay to United States were Frozen Bovine Meat ($275M), Sulfate Chemical Woodpulp ($66.3M), and Other Prepared Meat ($59.7M). During the last 5 years the exports of Uruguay to United States have increased at an annualized rate of 11.5%, from $474M in 2022 to $818M in 2017.

Exports from United States (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Uruguay
Top DestinationChina$2.89B

This map shows whether countries import more from United States or Uruguay. Each country is colored based on the difference in imports they receive from United States and Uruguay or the difference in the growth in imports.

In 2022, countries that imported more from United States than Uruguay included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Uruguay than United States included American Samoa ($71.5k).

Difference in imports from Uruguay (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Uruguay

Flow
Scale

This chart compares trade between United States and Uruguay by product, considering products traded by both, United States and Uruguay.

During 2022, United States had a large net trade with Uruguay in the exports of Mineral Products ($1.37B), Chemical Products ($284M), and Machines ($252M).

During 2017, Uruguay had a large net trade with United States in the exports of Animal Products ($391M), Wood Products ($108M), and Foodstuffs ($71.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Uruguay+$42MRefined Petroleum
Top Product Potential Uruguay United States+$38.1MSulfate Chemical Woodpulp

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Uruguay. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Uruguay (Flag) (2022)

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