[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · URY · 2024
Uruguay trade profile
In 2024, Uruguay recorded $13.3B in merchandise exports and $14.0B in imports, producing a $720.3M trade deficit. Exports changed +14.7% from the previous year, while imports changed -2.1%.[1]
Exports
$13.3B
+14.7%
Imports
$14.0B
-2.1%
Trade balance
-$720.3M
deficit
Active partners
270
7 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$2.4B
HS 47 · HS chapter
19 active HS6 lines · 56 export partners
2$2.3B
HS 02 · HS chapter
58 active HS6 lines · 92 export partners
3$1.3B
HS 12 · HS chapter
37 active HS6 lines · 44 export partners
4$1.0B
HS 10 · Cereals
24 active HS6 lines · 82 export partners
5$1.0B
HS 44 · HS chapter
89 active HS6 lines · 132 export partners
6$826.2M
HS 04 · HS chapter
29 active HS6 lines · 90 export partners
7$513.5M
HS 87 · Vehicles
86 active HS6 lines · 51 export partners
8$327.8M
HS 15 · HS chapter
46 active HS6 lines · 70 export partners
Leading export markets
Destinations rank bilateral export flows from Uruguay; growth describes each corridor rather than the whole economy.
1$3.0B
China
Annual change +37.4% · 3-year CAGR -3.6%
2$2.3B
Brazil
Annual change +5.5% · 3-year CAGR 8.2%
3$1.2B
United States
Annual change +36.4% · 3-year CAGR 24.7%
4$832.3M
Argentina
Annual change +46.9% · 3-year CAGR 16.1%
5$439.2M
Italy
Annual change +1.1% · 3-year CAGR 9.7%
6$374.9M
Türkiye
Annual change +6.8% · 3-year CAGR 21.0%
7$346.8M
Germany
Annual change +6.4% · 3-year CAGR 21.0%
8$291.2M
Netherlands
Annual change -41.3% · 3-year CAGR -15.7%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.