2022
Exports
$47.7MWorld Rnk 81 / 218
Flag Rnk 31 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$87.5MWorld Rnk 116 / 226
Flag Rnk 31 / 96
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $47.7M in Preparations of cereals, flour, starch or milk, making it the 81st largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 31st most exported product in Uruguay. The main destination of Preparations of cereals, flour, starch or milk exports from Uruguay are: Brazil ($18.1M), Argentina ($10.5M), United States ($3.63M), Venezuela ($2.57M), and Chile ($2.36M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Uruguay between 2021 and 2022 were Brazil ($8.5M), Argentina ($7.42M), and Venezuela ($2.56M).

Imports In 2022, Uruguay imported $87.5M in Preparations of cereals, flour, starch or milk, becoming the 116th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 31st most imported product in Uruguay. Uruguay imports Preparations of cereals, flour, starch or milk primarily from: Argentina ($40.5M), Brazil ($27.6M), Paraguay ($2.38M), Mexico ($2.27M), and Italy ($2.16M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Uruguay between 2021 and 2022 were Argentina ($8.88M), Brazil ($6.58M), and Paraguay ($1.26M).

COMPANIES In 2023, leading companies such as Goya Foods (36) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Uruguay to the United States.

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 Preparations of cereals, flour, starch or milk. 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)$47.7M
IMPORTS (2022)$87.5M
NET TRADE (2022)-$39.9M

In 2022, Uruguay exported $47.7M in Preparations of cereals, flour, starch or milk. The main destinations of Uruguay exports on Preparations of cereals, flour, starch or milk were Brazil ($18.1M), Argentina ($10.5M), United States ($3.63M), Venezuela ($2.57M), and Chile ($2.36M).

In 2022, Uruguay imported $87.5M in Preparations of cereals, flour, starch or milk, mainly from Argentina ($40.5M), Brazil ($27.6M), Paraguay ($2.38M), Mexico ($2.27M), and Italy ($2.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Brazil$8.5M (88.7%)
Argentina$7.42M (238%)
Venezuela$2.56M (25.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY Uruguay WERE (2021 - 2022):
South Africa-$1.07M (-93.2%)
Guatemala-$345k (-98.3%)
Costa Rica-$226k (-16.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, Uruguay's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALUnited States+ $3.63M
TOP IMPORT POTENTIALMexico+ $1.85M

Preparations of cereals, flour, starch or milk’s highest export potential is United States. With an export gap of $3.63M.   Preparations of cereals, flour, starch or milk’s highest import potential is Mexico with an import gap of $1.85M.

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