Monitor Report of URUGUAY trade and URUGUAY-China binational trade in 202211

 1.  Overview the trade of URUGUAY in goods current year until 202211

According to Dalian Infobank, in 202211URUGUAY's exports and imports of goods amounted to 1856.9028 million, and were down 4.77% comparing with the same period of last year. Among these, exports were down 13.49% at 827.5992 million, and imports were up 3.63% at 1029.3036 million. And the corresponding trade deficit was 201.7044 million and up 450.86%.

During the current year until 202211, URUGUAY's total exports and imports of goods were 23281.3295 million and were up 27.93% comparing to the same period of last year. Among these, exports were 11412.1701 million and up 27.11%; imports were 11869.1594 million and up 28.73%. The total trade deficit was 456.9893 million and up 88.43%.

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 202211, URUGUAY's imports and exports to five countries/territories were 4519.8140 million, 4494.0011 million, 2421.7515 million, 2242.3625 million, 1522.4907 million. These values correspond to 19.41%, 19.30%, 10.40%, 9.63%, 6.54% of URUGUAY's imports and exports, and, respectively, were up 8.10%, up 39.02%, up 98.44%, up 32.49%, up 123.85% comparing to the same period of last year.

Current year until 202211, 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 202211, URUGUAY's exports to these five countries/territories were 2352.0535 million, 2178.4954 million, 1522.4907 million, 814.6616 million, 656.5473 million. These values correspond to 20.61%, 19.09%, 13.34%, 7.14%, 5.75% of URUGUAY's exports and, respectively, were down 1.82%, up 56.19%, up 124.11%, up 77.09%, up 28.71% comparing with the same period of last year.

Current year until 202211, 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 202211, URUGUAY's imports from these five countries/territories were 2315.5057 million, 2167.7605 million, 1765.2042 million, 1427.7009 million, 372.4602 million. These values correspond to 19.51%, 18.26%, 14.87%, 12.03%, 3.14% of URUGUAY's total imports and, respectively, were up 25.99%, up 21.41%, up 148.52%, up 15.85%, up 33.05% comparing with the same period of last year.

During the current year until 202211, the trade surplus of URUGUAY was mainly from FREE TRADE ZONE NUEVA PALMIRA(URUGUAY), FREE TRADE ZONE(PUNTA PEREIRA), FREE TRADE ZONE FRAY BENTOS-BOTNIA, NETHERLANDS, CHINA at 1522.4907 million, 359.0785 million, 296.1501 million, 220.7289 million, 184.2930 million, and up 124.36%, down 20.78%, up 4.06%, up 94.87%, down 69.79%. And the trade deficits were mainly from UNITED STATES, ARGENTINA, NIGERIA, GERMANY, FRANCE at 1108.6569 million, 613.0394 million, 350.7535 million, 193.9164 million, 173.5785 million, and up 453.87%, down 20.63%, up 31.10%, up 14.19%, up 29.84%.

Current year until 202211, URUGUAY's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 3060.3713 million, 2705.4954 million, 2129.6732 million, 1704.7756 million, 1222.9563 million, which were up 7.02%, up 76.51%, up 108.15%, up 48.14%, down 7.88% comparing with the same period of last year and account for 13.15%, 11.62%, 9.15%, 7.32%, 5.25% of URUGUAY's total imports and exports.

During the current year until 202211, 02, 12, 44, 04, 10 were URUGUAY's top five traded commodities, with total import and export values of 2789.3997 million, 2098.7683 million, 1162.7308 million, 853.1635 million, 776.7626 million. These values correspond to 24.44%, 18.39%, 10.19%, 7.48%, 6.81% of URUGUAY's total exports and, respectively, were up 6.14%, up 119.18%, down 8.86%, up 20.35%, up 50.84% comparing to the same period of last year.

During the current year until 202211, 27, 87, 84, 85, 31 were URUGUAY's top five traded commodities, with total import values of 1975.1273 million, 1294.0193 million, 1150.8920 million, 813.5249 million, 689.0935 million. These values correspond to 16.64%, 10.90%, 9.70%, 6.85%, 5.81% of URUGUAY's total exports and, respectively, were up 64.00%, up 32.72%, up 25.77%, up 28.59%, up 60.20% comparing to the same period of last year.


2. Current year until 202211, URUGUAY binational trade profile

According to Dalian Infobank, during the current year until 202211, URUGUAY-China binational exports and imports of goods amounted to 4519.8140 million and were up 8.10% comparing with the same period of last year. Among these, exports from URUGUAY to China were 2352.0535 million and down 1.82%, imports from China to URUGUAY were 2167.7605 million and up 21.41%. The total binational trade surplus was 184.2930 million and down 69.79%.

During the urrent year until 202211, commodities with hs2 code, 02, 85, 84, 12, 87, were binational trade's top five traded commodities. They correspond to import and export values of 1641.6073 million, 426.6471 million, 336.1609 million, 314.7890 million, 185.6134 million and makes up 36.32%, 9.44%, 7.44%, 6.96%, 4.11% of the total binational imports and exports. These values were also up 0.96%, up 28.01%, up 17.52%, up 104.31%, up 41.14% comparing to the same period last year.

During the current year until 202211, 02, 12, 44, 04, 01 were the top five traded commodities exported to China from URUGUAY, with export values of 1641.6073 million, 313.7909 million, 112.8820 million, 95.3663 million, 37.2156 million. These values account for 69.79%, 13.34%, 4.80%, 4.05%, 1.58% of URUGUAY's total exports and were up 0.96%, up 104.89%, down 51.03%, down 40.16%, down 52.63% comparing to the same period of last year.

During the current year until 202211, 85, 84, 87, 38, 39 were URUGUAY's top five traded commodities importing from China , with import values of 426.6221 million, 335.8143 million, 185.4396 million, 160.2094 million, 136.2827 million. These values account for 19.68%, 15.49%, 8.55%, 7.39%, 6.29% of URUGUAY's total imports and were up 28.01%, up 17.41%, up 41.02%, up 60.96%, up 79.64% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Dirección Nacional de Aduanas