2023
Exports
$128kWorld Rnk 86 / 140
Flag Rnk 415 / 902
falsefalse Brazil
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$289kWorld Rnk 105 / 191
Flag Rnk 822 / 1152
2023
ECONOMIC COMPLEXITY of Uruguay
0.22Rnk 52 / 132

About

Exports In 2023, Uruguay exported $128k in Insect Resins, making it the 86th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 415th most exported product in Uruguay. The main destination of Insect Resins exports from Uruguay are: Brazil ($97.2k) and Poland ($31.1k).

Imports In 2023, Uruguay imported $289k in Insect Resins, becoming the 105th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 822nd most imported product in Uruguay. Uruguay imports Insect Resins primarily from: India ($196k), Spain ($35.7k), France ($32.4k), China ($7.14k), and Italy ($5.65k).

The fastest growing import markets in Insect Resins for Uruguay between 2022 and 2023 were India ($172k), Spain ($19.5k), and Greece ($2.04k).

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 Insect Resins. 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)$128k
IMPORTS (2023)$289k
NET TRADE (2023)-$161k

In 2023, Uruguay exported $128k in Insect Resins. The main destinations of Uruguay exports on Insect Resins were Brazil ($97.2k) and Poland ($31.1k).

In 2023, Uruguay imported $289k in Insect Resins, mainly from India ($196k), Spain ($35.7k), France ($32.4k), China ($7.14k), and Italy ($5.65k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Uruguay WERE (2022 - 2023):
Argentina-$56.3k (-100%)
Brazil-$17.1k (-15%)
Poland-$3.63k (-10.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uruguay's main exporting competitors in Insect Resins were:
In 2023, Uruguay's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $24.7k
TOP IMPORT POTENTIALIndia+ $54.1k

Insect Resins’s highest export potential is Argentina. With an export gap of $24.7k.   Insect Resins’s highest import potential is India with an import gap of $54.1k.

See methodology.

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