2022
Exports
$92.7MWorld Rnk 16 / 148
Flag Rnk 27 / 918
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$6.42MWorld Rnk 91 / 220
Flag Rnk 328 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $92.7M in Butter, making it the 16th largest exporter of Butter in the world. At the same year, Butter was the 27th most exported product in Uruguay. The main destination of Butter exports from Uruguay are: Russia ($23.9M), Egypt ($13.1M), Bahrain ($12.6M), Brazil ($6.37M), and Saudi Arabia ($5.16M).

The fastest growing export markets for Butter of Uruguay between 2021 and 2022 were Egypt ($11M), Bahrain ($10.3M), and Saudi Arabia ($4.43M).

Imports In 2022, Uruguay imported $6.42M in Butter, becoming the 91st largest importer of Butter in the world. At the same year, Butter was the 328th most imported product in Uruguay. Uruguay imports Butter primarily from: Brazil ($3.42M), Argentina ($2.97M), United States ($10.5k), Germany ($9.41k), and France ($115).

The fastest growing import markets in Butter for Uruguay between 2021 and 2022 were Brazil ($2.53M), Argentina ($1.05M), and United States ($10.5k).

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 Butter. 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)$92.7M
IMPORTS (2022)$6.42M
NET TRADE (2022)$86.3M

In 2022, Uruguay exported $92.7M in Butter. The main destinations of Uruguay exports on Butter were Russia ($23.9M), Egypt ($13.1M), Bahrain ($12.6M), Brazil ($6.37M), and Saudi Arabia ($5.16M).

In 2022, Uruguay imported $6.42M in Butter, mainly from Brazil ($3.42M), Argentina ($2.97M), United States ($10.5k), Germany ($9.41k), and France ($115).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Egypt$11M (512%)
Bahrain$10.3M (457%)
Saudi Arabia$4.43M (609%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Uruguay WERE (2021 - 2022):
Russia-$1.16M (-4.62%)
Turkey-$126k (-16.4%)
Philippines-$111k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.57M
TOP IMPORT POTENTIALGermany+ $34.6k

Butter’s highest export potential is China. With an export gap of $3.57M.   Butter’s highest import potential is Germany with an import gap of $34.6k.

See methodology.

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