Uruguay Balance of Trade

Last Release

Jan 31, 2025

Actual

-145,865

Units In

USD Thousand

-275,958

Frequency

Monthly

Next Release

Apr 30, 2025

Time to Release

28 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
677,818 Jun 2022	-423,348 Jan 2014	-72,132.41 USD Thousand	1993-2025	Banco Central del Uruguay

Uruguay exports mostly agricultural products. Shipments of meat, vegetables, rice and dairy products account for 52 percent of total exports. Main imports are: industrial supplies, crude and refined oil and machinery and equipment. Main trading partners are: Brazil (20 percent of total exports and 19 percent of imports) and Argentina (8 percent of exports and 18 percent of imports). Others include: China, United States, Venezuela and Germany.

Latest Updates

Uruguay recorded a trade deficit of $111.72 million in February 2025, shrinking from the $140.08 million deficit in the same month last year, marking a six-month streak of deficits. Exports soared 16.4% year-on-year to $748.36 million, driven by a rise of 10.0% in manufactured goods, a 33.0% surge in primary goods, and a 15.4% rise in utilities. Imports also grew, rising 14.3% to $860.08 million, with intermediate goods rising 4.5%, consumer goods up 23.7% and capital goods increasing 26.5%.