2023
Exports
$76.6kWorld Rnk 101 / 163
Flag Rnk 490 / 902
2023
PRODUCT COMPLEXITY IN Bananas
-1.96Rnk 995 / 1025
2023
Imports
$31.5MWorld Rnk 54 / 203
Flag Rnk 86 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay
0.22Rnk 52 / 132

About

Exports In 2023, Uruguay exported $76.6k in Bananas, making it the 101st largest exporter of Bananas in the world. At the same year, Bananas was the 490th most exported product in Uruguay. The main destination of Bananas exports from Uruguay are: United Kingdom ($73.9k), Switzerland ($1.37k), and Germany ($1.3k).

The fastest growing export markets for Bananas of Uruguay between 2022 and 2023 were United Kingdom ($3.16k) and Germany ($1.3k).

Imports In 2023, Uruguay imported $31.5M in Bananas, becoming the 54th largest importer of Bananas in the world. At the same year, Bananas was the 86th most imported product in Uruguay. Uruguay imports Bananas primarily from: Ecuador ($12.7M), Brazil ($11.5M), Paraguay ($6.48M), and Bolivia ($765k).

The fastest growing import markets in Bananas for Uruguay between 2022 and 2023 were Paraguay ($5.19M) and Bolivia ($93.7k).

Latest Trends

Dec 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 Bananas. 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 (2023)$76.6k
IMPORTS (2023)$31.5M
NET TRADE (2023)-$31.5M

In 2023, Uruguay exported $76.6k in Bananas. The main destinations of Uruguay exports on Bananas were United Kingdom ($73.9k), Switzerland ($1.37k), and Germany ($1.3k).

In 2023, Uruguay imported $31.5M in Bananas, mainly from Ecuador ($12.7M), Brazil ($11.5M), Paraguay ($6.48M), and Bolivia ($765k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Uruguay WERE (2022 - 2023):
United Kingdom$3.16k (4.46%)
Germany$1.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Uruguay WERE (2022 - 2023):
Switzerland-$1.97k (-59%)
Norway-$712 (-100%)
Czechia-$52 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uruguay's main exporting competitors in Bananas were:
In 2023, Uruguay's main importing competitors in Bananas were:

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $27.4k
TOP IMPORT POTENTIALBolivia+ $156k

Bananas’s highest export potential is United Kingdom. With an export gap of $27.4k.   Bananas’s highest import potential is Bolivia with an import gap of $156k.

See methodology.

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