2018
Exports
$116MWorld Rnk 9 / 93
Flag Rnk 17 / 918
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.5Rnk 698 / 1025
2018
Imports
$20.3MWorld Rnk 14 / 156
Flag Rnk 136 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2018, Uruguay exported $116M in Bovine, Sheep, and Goat Fat, making it the 9th largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 17th most exported product in Uruguay. The main destination of Bovine, Sheep, and Goat Fat exports from Uruguay are: United States ($55.1M), Brazil ($21.9M), Singapore ($11.3M), China ($8.28M), and Netherlands ($5.76M).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Uruguay between 2021 and 2022 were United States ($44.1M), Singapore ($8.8M), and Brazil ($5.6M).

Imports In 2022, Uruguay imported $20.3M in Bovine, Sheep, and Goat Fat, becoming the 14th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 136th most imported product in Uruguay. Uruguay imports Bovine, Sheep, and Goat Fat primarily from: Argentina ($17.9M), Paraguay ($2.35M), and Uruguay ($74.3k).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Uruguay between 2021 and 2022 were Argentina ($9.32M) and Paraguay ($400k).

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 Bovine, Sheep, and Goat Fat. 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)$116M
IMPORTS (2022)$20.3M
NET TRADE (2022)$95.2M

In 2022, Uruguay exported $116M in Bovine, Sheep, and Goat Fat. The main destinations of Uruguay exports on Bovine, Sheep, and Goat Fat were United States ($55.1M), Brazil ($21.9M), Singapore ($11.3M), China ($8.28M), and Netherlands ($5.76M).

In 2022, Uruguay imported $20.3M in Bovine, Sheep, and Goat Fat, mainly from Argentina ($17.9M), Paraguay ($2.35M), and Uruguay ($74.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
United States$44.1M (403%)
Singapore$8.8M (356%)
Brazil$5.6M (34.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine, Sheep, and Goat Fat BY Uruguay WERE (2021 - 2022):
Spain-$11.4M (-73.3%)
Netherlands-$7.88M (-57.8%)
China-$3.77M (-31.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2022, Uruguay's main importing competitors in Bovine, Sheep, and Goat Fat were:

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.24M
TOP IMPORT POTENTIALBrazil+ $2.46k

Bovine, Sheep, and Goat Fat’s highest export potential is China. With an export gap of $3.24M.   Bovine, Sheep, and Goat Fat’s highest import potential is Brazil with an import gap of $2.46k.

See methodology.

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