Monitor Report of URUGUAY trade and URUGUAY-China binational trade in 202212

 1.  Overview the trade of URUGUAY in goods current year until 202212

According to Dalian Infobank, in 202212URUGUAY's exports and imports of goods amounted to 2070.0498 million, and were up 1.47% comparing with the same period of last year. Among these, exports were down 7.11% at 890.5570 million, and imports were up 9.08% at 1179.4928 million. And the corresponding trade deficit was 288.9358 million and up 135.71%.

During the current year until 202212, URUGUAY's total exports and imports of goods were 25351.3793 million and were up 25.26% comparing to the same period of last year. Among these, exports were 12302.7271 million and up 23.81%; imports were 13048.6522 million and up 26.66%. The total trade deficit was 745.9251 million and up 104.30%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, ARGENTINA, FREE TRADE ZONE NUEVA PALMIRA(URUGUAY) were URUGUAY's top five trading partners. During the current year until 202212, URUGUAY's imports and exports to five countries/territories were 4973.2124 million, 4847.3018 million, 2750.0980 million, 2415.4055 million, 1606.7406 million. These values correspond to 19.62%, 19.12%, 10.85%, 9.53%, 6.34% of URUGUAY's imports and exports, and, respectively, were up 38.43%, up 3.85%, up 85.19%, up 29.70%, up 111.18% comparing to the same period of last year.

Current year until 202212, 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 202212, URUGUAY's exports to these five countries/territories were 2475.9678 million, 2393.6118 million, 1606.7406 million, 865.9304 million, 716.6462 million. These values correspond to 20.13%, 19.46%, 13.06%, 7.04%, 5.83% of URUGUAY's exports and, respectively, were down 6.94%, up 54.56%, up 111.39%, up 70.35%, up 26.35% comparing with the same period of last year.

Current year until 202212, 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 202212, URUGUAY's imports from these five countries/territories were 2579.6006 million, 2371.3340 million, 2033.4518 million, 1549.4751 million, 372.9255 million. These values correspond to 19.77%, 18.17%, 15.58%, 11.87%, 2.86% of URUGUAY's total imports and, respectively, were up 26.22%, up 18.14%, up 121.55%, up 14.44%, up 33.22% comparing with the same period of last year.

During the current year until 202212, 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, ALGERIA at 1606.7406 million, 405.6657 million, 330.5275 million, 224.6940 million, 184.9577 million, and up 111.61%, down 17.28%, up 5.73%, up 73.98%, up 12.11%. And the trade deficits were mainly from UNITED STATES, ARGENTINA, NIGERIA, GERMANY, FRANCE at 1316.8056 million, 683.5447 million, 350.4914 million, 212.3577 million, 195.6460 million, and up 275.56%, down 19.17%, up 31.67%, up 16.66%, up 33.98%.

Current year until 202212, URUGUAY's trade surplus or deficit with top five countries/territories During the current year until 202212,  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 3288.0116 million, 3040.3723 million, 2178.5490 million, 1902.6281 million, 1344.7787 million, which were up 2.50%, up 69.45%, up 99.58%, up 47.12%, down 6.00% comparing with the same period of last year and account for 12.97%, 11.99%, 8.59%, 7.51%, 5.30% of URUGUAY's total imports and exports.

During the current year until 202212, 02, 12, 44, 04, 10 were URUGUAY's top five traded commodities, with total import and export values of 2988.2481 million, 2145.6426 million, 1278.6888 million, 931.3178 million, 857.3791 million. These values correspond to 24.29%, 17.44%, 10.39%, 7.57%, 6.97% of URUGUAY's total exports and, respectively, were up 1.40%, up 109.54%, down 6.88%, up 20.00%, up 48.14% comparing to the same period of last year.

During the current year until 202212, 27, 87, 84, 85, 31 were URUGUAY's top five traded commodities, with total import values of 2209.3526 million, 1466.5161 million, 1263.3134 million, 883.5766 million, 706.0634 million. These values correspond to 16.93%, 11.24%, 9.68%, 6.77%, 5.41% of URUGUAY's total exports and, respectively, were up 56.08%, up 34.52%, up 24.80%, up 21.75%, up 59.25% comparing to the same period of last year.


2. Current year until 202212, URUGUAY binational trade profile

According to Dalian Infobank, during the current year until 202212, URUGUAY-China binational exports and imports of goods amounted to 4847.3018 million and were up 3.85% comparing with the same period of last year. Among these, exports from URUGUAY to China were 2475.9678 million and down 6.94%, imports from China to URUGUAY were 2371.3340 million and up 18.14%. The total binational trade surplus was 104.6339 million and down 83.99%.

During the urrent year until 202212, 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 1746.1973 million, 463.5186 million, 368.3258 million, 314.7944 million, 214.0877 million and makes up 36.02%, 9.56%, 7.60%, 6.49%, 4.42% of the total binational imports and exports. These values were also down 5.24%, up 22.76%, up 14.97%, up 103.75%, up 43.83% comparing to the same period last year.

During the current year until 202212, 02, 12, 44, 04, 01 were the top five traded commodities exported to China from URUGUAY, with export values of 1746.1973 million, 313.7909 million, 118.8877 million, 95.7337 million, 37.2156 million. These values account for 70.53%, 12.67%, 4.80%, 3.87%, 1.50% of URUGUAY's total exports and were down 5.24%, up 104.42%, down 49.03%, down 43.22%, down 61.94% comparing to the same period of last year.

During the current year until 202212, 85, 84, 87, 38, 39 were URUGUAY's top five traded commodities importing from China , with import values of 463.4936 million, 367.9791 million, 213.9139 million, 171.7103 million, 147.5443 million. These values account for 19.55%, 15.52%, 9.02%, 7.24%, 6.22% of URUGUAY's total imports and were up 22.76%, up 14.86%, up 43.73%, up 56.42%, up 42.77% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Dirección Nacional de Aduanas