2022
Exports
$438MWorld Rnk 17 / 121
Flag Rnk 6 / 918
2022
PRODUCT COMPLEXITY IN Bovine Meat
-0.66Rnk 747 / 1025
2022
Imports
$140MWorld Rnk 30 / 204
Flag Rnk 14 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $438M in Bovine Meat, making it the 17th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 6th most exported product in Uruguay. The main destination of Bovine Meat exports from Uruguay are: Netherlands ($157M), Chile ($46.7M), United States ($36.1M), Japan ($31.7M), and Germany ($28.4M).

The fastest growing export markets for Bovine Meat of Uruguay between 2021 and 2022 were Netherlands ($12.9M), Spain ($9.46M), and Chile ($8.35M).

Imports In 2022, Uruguay imported $140M in Bovine Meat, becoming the 30th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 14th most imported product in Uruguay. Uruguay imports Bovine Meat primarily from: Brazil ($105M), Paraguay ($35.1M), Uruguay ($752k), and United States ($31.1k).

The fastest growing import markets in Bovine Meat for Uruguay between 2021 and 2022 were Paraguay ($17.4M), Brazil ($8.33M), and Uruguay ($521k).

COMPANIES In 2023, leading companies such as Lawrence Wholesale (17) and JBS Foods (3) were at the forefront of shipping Bovine Meat from Uruguay to the United States.

Latest Trends

Oct 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 Bovine Meat. 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)$438M
IMPORTS (2022)$140M
NET TRADE (2022)$298M

In 2022, Uruguay exported $438M in Bovine Meat. The main destinations of Uruguay exports on Bovine Meat were Netherlands ($157M), Chile ($46.7M), United States ($36.1M), Japan ($31.7M), and Germany ($28.4M).

In 2022, Uruguay imported $140M in Bovine Meat, mainly from Brazil ($105M), Paraguay ($35.1M), Uruguay ($752k), and United States ($31.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Netherlands$12.9M (8.99%)
Spain$9.46M (63.7%)
Chile$8.35M (21.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Uruguay WERE (2021 - 2022):
China-$9.08M (-87.3%)
Austria-$4.74M (-100%)
Japan-$4.46M (-12.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Bovine Meat were:
In 2022, Uruguay's main importing competitors in Bovine Meat were:

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.8M
TOP IMPORT POTENTIALUnited States+ $193k

Bovine Meat’s highest export potential is United States. With an export gap of $26.8M.   Bovine Meat’s highest import potential is United States with an import gap of $193k.

See methodology.

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