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Pricing

2022
Exports $9.25MWorld Rnk 52 / 124
Flag Rnk 90 / 918
2022
Destination $4.75M New Zealand
2021 - 2022
FASTEST GROWING MARKET $4.75MNew Zealand
2022
PRODUCT COMPLEXITY IN Soybean Meal-1.24Rnk 894 / 1025
2022
Imports $34.4MWorld Rnk 86 / 174
Flag Rnk 88 / 1152
2022
Origin $15.6M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $15.6MBrazil
2022
ECONOMIC COMPLEXITY of Uruguay0.15Rnk 57 / 133

About

Exports In 2022, Uruguay exported $9.25M in Soybean Meal, making it the 52nd largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 90th most exported product in Uruguay. The main destination of Soybean Meal exports from Uruguay are: New Zealand ($4.75M), Netherlands ($4.5M), and Spain ($133).

The fastest growing export markets for Soybean Meal of Uruguay between 2021 and 2022 were New Zealand ($4.75M) and Spain ($133).

Imports In 2022, Uruguay imported $34.4M in Soybean Meal, becoming the 86th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 88th most imported product in Uruguay. Uruguay imports Soybean Meal primarily from: Brazil ($15.7M), Argentina ($12M), Paraguay ($3.57M), and Bolivia ($3.1M).

The fastest growing import markets in Soybean Meal for Uruguay between 2021 and 2022 were Brazil ($15.6M), Argentina ($4.81M), and Bolivia ($260k).

Latest Trends

Sep 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 Soybean Meal. 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)$9.25M
IMPORTS (2022)$34.4M
NET TRADE (2022)-$25.1M

In 2022, Uruguay exported $9.25M in Soybean Meal. The main destinations of Uruguay exports on Soybean Meal were New Zealand ($4.75M), Netherlands ($4.5M), and Spain ($133).

In 2022, Uruguay imported $34.4M in Soybean Meal, mainly from Brazil ($15.7M), Argentina ($12M), Paraguay ($3.57M), and Bolivia ($3.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
New Zealand$4.75M (1%)
Spain$133 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Uruguay WERE (2021 - 2022):
Netherlands-$5.94M (-56.9%)
Senegal-$3.11M (-100%)
Mauritius-$2.61M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Soybean Meal were:
Argentina $12B
Brazil $10.4B
United States $5.2B
In 2022, Uruguay's main importing competitors in Soybean Meal were:
Indonesia $2.92B
Vietnam $2.5B
Germany $1.71B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $4.04k
TOP IMPORT POTENTIALArgentina+ $9.75M

Soybean Meal’s highest export potential is Spain. With an export gap of $4.04k.   Soybean Meal’s highest import potential is Argentina with an import gap of $9.75M.

See methodology.

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