1. Overview the trade of URUGUAY in goods current year until 202205
According to Dalian Infobank, in 202205, URUGUAY's exports and imports of goods amounted to 2581.8186 million, and were up 56.38% comparing with the same period of last year. Among these, exports were up 71.78% at 1469.3593 million, and imports were up 39.83% at 1112.4593 million. And the corresponding trade surplus was 356.9000 million and up 497.01%.
During the current year until 202205, URUGUAY's total exports and imports of goods were 10233.2849 million and were up 40.68% comparing to the same period of last year. Among these, exports were 5211.6729 million and up 44.17%; imports were 5021.6120 million and up 37.23%. The total trade surplus was 190.0608 million and down 528.61%.
If considering by country (region), CHINA, BRAZIL, UNITED STATES, ARGENTINA, FREE TRADE ZONE NUEVA PALMIRA(URUGUAY) were URUGUAY's top five trading partners. During the current year until 202205, URUGUAY's imports and exports to five countries/territories were 2070.8220 million, 1863.3056 million, 1017.3327 million, 897.4152 million, 778.5022 million. These values correspond to 20.24%, 18.21%, 9.94%, 8.77%, 7.61% of URUGUAY's imports and exports, and, respectively, were up 35.14%, up 45.46%, up 136.67%, up 39.88%, up 93.48% comparing to the same period of last year.
Current year until 202205, URUGUAY and the top five trade partners CHINA, BRAZIL, FREE TRADE ZONE NUEVA PALMIRA(URUGUAY), ARGENTINA, UNITED STATES are the top five countries/territories that URUGUAY exports to in terms of the total export amount. During the current year until 202205, URUGUAY's exports to these five countries/territories were 1252.0837 million, 889.0054 million, 778.5022 million, 337.8648 million, 293.0268 million. These values correspond to 24.02%, 17.06%, 14.94%, 6.48%, 5.62% of URUGUAY's exports and, respectively, were up 46.67%, up 71.54%, up 93.48%, up 86.22%, up 26.71% comparing with the same period of last year.
Current year until 202205, URUGUAY's exports to top five countries/territories BRAZIL, CHINA, UNITED STATES, ARGENTINA, NIGERIA are the top five countries/territories that URUGUAY imports from in terms of the total export amount. During the current year until 202205, URUGUAY's imports from these five countries/territories were 974.3001 million, 818.7383 million, 724.3059 million, 559.5504 million, 263.3936 million. These values correspond to 19.40%, 16.30%, 14.42%, 11.14%, 5.25% of URUGUAY's total imports and, respectively, were up 27.74%, up 20.63%, up 264.72%, up 21.61%, up 114.09% comparing with the same period of last year.
During the current year until 202205, the trade surplus of URUGUAY was mainly from FREE TRADE ZONE NUEVA PALMIRA(URUGUAY), CHINA, FREE TRADE ZONE FRAY BENTOS-BOTNIA, ALGERIA, NETHERLANDS at 778.5022 million, 433.3454 million, 128.9408 million, 109.6745 million, 101.3905 million, and up 93.48%, up 147.71%, up 0.70%, up 212.24%, up 72.92%. And the trade deficits were mainly from UNITED STATES, NIGERIA, ARGENTINA, INDIA, BRAZIL at 431.2791 million, 258.7764 million, 221.6856 million, 111.9415 million, 85.2947 million, and down 1420.38%, up 114.12%, down 20.46%, up 60.05%, down 65.11%.
Current year until 202205, URUGUAY's trade surplus or deficit with top five countries/territories During the current year until 202205, commodities with hs2 codes, 02, 27, 12, 87, 44, were URUGUAY's top five traded commodities. They correspond to the import and export values of 1543.0467 million, 1307.8735 million, 901.4249 million, 733.3200 million, 517.3052 million, which were up 48.99%, up 151.18%, up 79.41%, up 56.65%, down 15.21% comparing with the same period of last year and account for 15.08%, 12.78%, 8.81%, 7.17%, 5.06% of URUGUAY's total imports and exports.
During the current year until 202205, 02, 12, 44, 10, 04 were URUGUAY's top five traded commodities, with total import and export values of 1425.2762 million, 887.9927 million, 493.5996 million, 426.6046 million, 353.9062 million. These values correspond to 27.35%, 17.04%, 9.47%, 8.19%, 6.79% of URUGUAY's total exports and, respectively, were up 51.31%, up 86.38%, down 16.44%, up 66.86%, up 30.45% comparing to the same period of last year.
During the current year until 202205, 27, 87, 84, 85, 39 were URUGUAY's top five traded commodities, with total import values of 997.3073 million, 544.0874 million, 467.9091 million, 345.2882 million, 250.6504 million. These values correspond to 19.86%, 10.83%, 9.32%, 6.88%, 4.99% of URUGUAY's total exports and, respectively, were up 131.52%, up 34.45%, up 22.21%, up 35.24%, up 18.86% comparing to the same period of last year.
2. Current year until 202205, URUGUAY binational trade profile
According to Dalian Infobank, during the current year until 202205, URUGUAY-China binational exports and imports of goods amounted to 2070.8220 million and were up 35.14% comparing with the same period of last year. Among these, exports from URUGUAY to China were 1252.0837 million and up 46.67%, imports from China to URUGUAY were 818.7383 million and up 20.63%. The total binational trade surplus was 433.3454 million and up 147.71%.
During the urrent year until 202205, commodities with hs2 code, 02, 85, 84, 12, 44, were binational trade's top five traded commodities. They correspond to import and export values of 886.8134 million, 170.9976 million, 148.3096 million, 140.1179 million, 77.7250 million and makes up 42.82%, 8.26%, 7.16%, 6.77%, 3.75% of the total binational imports and exports. These values were also up 64.35%, up 24.16%, up 25.17%, up 196.72%, down 34.17% comparing to the same period last year.
During the current year until 202205, 02, 12, 44, 04, 01 were the top five traded commodities exported to China from URUGUAY, with export values of 886.8134 million, 139.8187 million, 74.9858 million, 53.9951 million, 24.6589 million. These values account for 70.83%, 11.17%, 5.99%, 4.31%, 1.97% of URUGUAY's total exports and were up 64.35%, up 197.55%, down 35.15%, up 3.90%, down 17.51% comparing to the same period of last year.
During the current year until 202205, 85, 84, 87, 38, 61 were URUGUAY's top five traded commodities importing from China , with import values of 170.9947 million, 148.3096 million, 67.7949 million, 46.8455 million, 41.4452 million. These values account for 20.89%, 18.11%, 8.28%, 5.72%, 5.06% of URUGUAY's total imports and were up 24.17%, up 25.18%, up 27.71%, up 89.94%, up 24.51% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Dirección Nacional de Aduanas