2022
Exports
$15.5MWorld Rnk 44 / 152
Flag Rnk 66 / 918
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$2.03MWorld Rnk 115 / 219
Flag Rnk 526 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $15.5M in Fermented Milk Products, making it the 44th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 66th most exported product in Uruguay. The main destination of Fermented Milk Products exports from Uruguay are: Brazil ($11.8M), Philippines ($2.18M), Thailand ($872k), Singapore ($409k), and Burma ($183k).

The fastest growing export markets for Fermented Milk Products of Uruguay between 2021 and 2022 were Brazil ($3.77M), Philippines ($461k), and Thailand ($366k).

Imports In 2022, Uruguay imported $2.03M in Fermented Milk Products, becoming the 115th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 526th most imported product in Uruguay. Uruguay imports Fermented Milk Products primarily from: N/A.

The fastest growing import markets in Fermented Milk Products for Uruguay between 2021 and 2022 were Argentina ($30.9k), Brazil ($28.4k), and Netherlands ($318).

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 Fermented Milk Products. 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)$15.5M
IMPORTS (2022)$2.03M
NET TRADE (2022)$13.5M

In 2022, Uruguay exported $15.5M in Fermented Milk Products. The main destinations of Uruguay exports on Fermented Milk Products were Brazil ($11.8M), Philippines ($2.18M), Thailand ($872k), Singapore ($409k), and Burma ($183k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Brazil$3.77M (47%)
Philippines$461k (26.8%)
Thailand$366k (72.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Uruguay WERE (2021 - 2022):
Singapore-$327k (-44.4%)
Malaysia-$59.1k (-100%)
Argentina-$236 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Fermented Milk Products were:
In 2022, Uruguay's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $62.6k
TOP IMPORT POTENTIALUnited States+ $35.9k

Fermented Milk Products’s highest export potential is Singapore. With an export gap of $62.6k.   Fermented Milk Products’s highest import potential is United States with an import gap of $35.9k.

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