2022
Exports
$20.9MWorld Rnk 89 / 226
Flag Rnk 41 / 96
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$158MWorld Rnk 98 / 226
Flag Rnk 20 / 96
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $20.9M in Rubber & articles thereof, making it the 89th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 41st most exported product in Uruguay. The main destination of Rubber & articles thereof exports from Uruguay are: Brazil ($14.7M), Argentina ($4.93M), Peru ($630k), Paraguay ($174k), and Chile ($164k).

The fastest growing export markets for Rubber & articles thereof of Uruguay between 2021 and 2022 were Brazil ($7.2M), Peru ($507k), and Dominican Republic ($72.7k).

Imports In 2022, Uruguay imported $158M in Rubber & articles thereof, becoming the 98th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 20th most imported product in Uruguay. Uruguay imports Rubber & articles thereof primarily from: China ($48.4M), Brazil ($39.8M), Chinese Taipei ($8.75M), Japan ($7.73M), and Thailand ($6.23M).

The fastest growing import markets in Rubber & articles thereof for Uruguay between 2021 and 2022 were Brazil ($13.4M), China ($7.76M), and Chinese Taipei ($5.23M).

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 Rubber & articles thereof. 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)$20.9M
IMPORTS (2022)$158M
NET TRADE (2022)-$137M

In 2022, Uruguay exported $20.9M in Rubber & articles thereof. The main destinations of Uruguay exports on Rubber & articles thereof were Brazil ($14.7M), Argentina ($4.93M), Peru ($630k), Paraguay ($174k), and Chile ($164k).

In 2022, Uruguay imported $158M in Rubber & articles thereof, mainly from China ($48.4M), Brazil ($39.8M), Chinese Taipei ($8.75M), Japan ($7.73M), and Thailand ($6.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Brazil$7.2M (96.6%)
Peru$507k (411%)
Dominican Republic$72.7k (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Uruguay WERE (2021 - 2022):
Argentina-$5.49M (-52.7%)
Paraguay-$468k (-73%)
New Zealand-$88.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Uruguay's main importing competitors in Rubber & articles thereof were:

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALArgentina+ $564k
TOP IMPORT POTENTIALChina+ $8.42M

Rubber & articles thereof’s highest export potential is Argentina. With an export gap of $564k.   Rubber & articles thereof’s highest import potential is China with an import gap of $8.42M.

See methodology.

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