2023
Exports
$435MWorld Rnk 16 / 123
Flag Rnk 5 / 902
2023
PRODUCT COMPLEXITY IN Bovine Meat
-0.65Rnk 748 / 1025
2023
Imports
$135MWorld Rnk 33 / 203
Flag Rnk 16 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay
0.22Rnk 52 / 132

About

Exports In 2023, Uruguay exported $435M in Bovine Meat, making it the 16th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 5th most exported product in Uruguay. The main destination of Bovine Meat exports from Uruguay are: Netherlands ($138M), Chile ($54.3M), United States ($45.2M), Germany ($34.4M), and Italy ($26M).

The fastest growing export markets for Bovine Meat of Uruguay between 2022 and 2023 were Italy ($11.3M), United States ($8.44M), and Chile ($7.19M).

Imports In 2023, Uruguay imported $135M in Bovine Meat, becoming the 33rd largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 16th most imported product in Uruguay. Uruguay imports Bovine Meat primarily from: Brazil ($116M), Paraguay ($19.5M), Argentina ($110k), and United States ($3.74k).

The fastest growing import markets in Bovine Meat for Uruguay between 2022 and 2023 were Brazil ($6.45M) and Argentina ($110k).

COMPANIES In 2024, leading companies such as JBS Foods (6) were at the forefront of shipping Bovine Meat from Uruguay to the United States.

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 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 (2023)$435M
IMPORTS (2023)$135M
NET TRADE (2023)$300M

In 2023, Uruguay exported $435M in Bovine Meat. The main destinations of Uruguay exports on Bovine Meat were Netherlands ($138M), Chile ($54.3M), United States ($45.2M), Germany ($34.4M), and Italy ($26M).

In 2023, Uruguay imported $135M in Bovine Meat, mainly from Brazil ($116M), Paraguay ($19.5M), Argentina ($110k), and United States ($3.74k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Uruguay WERE (2022 - 2023):
Italy$11.3M (77.4%)
United States$8.44M (23%)
Chile$7.19M (15.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Uruguay WERE (2022 - 2023):
Netherlands-$16.9M (-10.9%)
Japan-$16.6M (-52.1%)
United Kingdom-$6.05M (-24%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uruguay's main exporting competitors in Bovine Meat were:
In 2023, 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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