2022
Exports | Imports
$9.25M | $34.4MWorld Rnk 52 / 124
Flag Rnk 90 / 918
World Rnk 86 / 174
Flag Rnk 88 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.12Rnk 55 / 124
2022
PRODUCT COMPLEXITY IN Soybean Meal
-1.22Rnk 888 / 1025

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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybean Meal from Uruguay to the United States.

Latest Trends

Feb 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%)

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:
In 2022, Uruguay's main importing competitors in Soybean Meal were:

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Trade Value of Soybean Meal by Exporters

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