2023
Exports
$9.8MWorld Rnk 53 / 166
Flag Rnk 78 / 902
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$22.5MWorld Rnk 85 / 218
Flag Rnk 125 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay
0.22Rnk 52 / 132

About

Exports In 2023, Uruguay exported $9.8M in Cranes, making it the 53rd largest exporter of Cranes in the world. At the same year, Cranes was the 78th most exported product in Uruguay. The main destination of Cranes exports from Uruguay are: Netherlands ($7.79M), Argentina ($1.99M), Paraguay ($14.9k), Norway ($3k), and Denmark ($456).

The fastest growing export markets for Cranes of Uruguay between 2022 and 2023 were Netherlands ($7.79M), Argentina ($1.8M), and Norway ($3k).

Imports In 2023, Uruguay imported $22.5M in Cranes, becoming the 85th largest importer of Cranes in the world. At the same year, Cranes was the 125th most imported product in Uruguay. Uruguay imports Cranes primarily from: Brazil ($5.24M), Italy ($3.26M), China ($2.4M), Germany ($2.05M), and United Kingdom ($1.88M).

The fastest growing import markets in Cranes for Uruguay between 2022 and 2023 were Italy ($2.8M), United Kingdom ($1.88M), and Poland ($1.37M).

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 Cranes. 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)$9.8M
IMPORTS (2023)$22.5M
NET TRADE (2023)-$12.7M

In 2023, Uruguay exported $9.8M in Cranes. The main destinations of Uruguay exports on Cranes were Netherlands ($7.79M), Argentina ($1.99M), Paraguay ($14.9k), Norway ($3k), and Denmark ($456).

In 2023, Uruguay imported $22.5M in Cranes, mainly from Brazil ($5.24M), Italy ($3.26M), China ($2.4M), Germany ($2.05M), and United Kingdom ($1.88M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Uruguay WERE (2022 - 2023):
Netherlands$7.79M (1%)
Argentina$1.8M (959%)
Norway$3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Uruguay WERE (2022 - 2023):
Paraguay-$185k (-92.5%)
France-$78.4k (-100%)
Ecuador-$9.55k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uruguay's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Uruguay's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $114k
TOP IMPORT POTENTIALChina+ $1.52M

Cranes’s highest export potential is Argentina. With an export gap of $114k.   Cranes’s highest import potential is China with an import gap of $1.52M.

See methodology.

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