1. Overview the trade of URUGUAY in goods current year until 202302
According to Dalian Infobank, in 202302, URUGUAY's exports and imports of goods amounted to 1740.4517 million, and were down 6.61% comparing with the same period of last year. Among these, exports were down 13.95% at 804.9628 million, and imports were up 0.78% at 935.4889 million. And the corresponding trade deficit was 130.5261 million and down 1917.63%.
During the current year until 202302, URUGUAY's total exports and imports of goods were 3549.1563 million and were up 0.69% comparing to the same period of last year. Among these, exports were 1578.9039 million and down 7.95%; imports were 1970.2524 million and up 8.88%. The total trade deficit was 391.3485 million and up 314.97%.
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 202302, URUGUAY's imports and exports to five countries/territories were 744.7539 million, 666.9817 million, 371.5666 million, 276.6003 million, 107.3966 million. These values correspond to 20.98%, 18.79%, 10.47%, 7.79%, 3.03% of URUGUAY's imports and exports, and, respectively, were up 19.76%, down 14.53%, up 13.32%, down 4.64%, down 35.56% comparing to the same period of last year.
Current year until 202302, URUGUAY and the top five trade partners BRAZIL, CHINA, FREE TRADE ZONE NUEVA PALMIRA(URUGUAY), UNITED STATES, FREE TRADE ZONE(PUNTA PEREIRA) are the top five countries/territories that URUGUAY exports to in terms of the total export amount. During the current year until 202302, URUGUAY's exports to these five countries/territories were 340.7778 million, 245.7435 million, 107.3966 million, 99.1805 million, 87.1465 million. These values correspond to 21.58%, 15.56%, 6.80%, 6.28%, 5.52% of URUGUAY's exports and, respectively, were up 14.06%, down 43.79%, down 35.56%, up 11.09%, up 102.21% comparing with the same period of last year.
Current year until 202302, URUGUAY's exports to top five countries/territories CHINA, BRAZIL, 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 202302, URUGUAY's imports from these five countries/territories were 421.2382 million, 403.9761 million, 272.3861 million, 202.4569 million, 87.9822 million. These values correspond to 21.38%, 20.50%, 13.82%, 10.28%, 4.47% of URUGUAY's total imports and, respectively, were up 22.77%, up 25.02%, up 14.15%, up 3.53%, up 6.99% comparing with the same period of last year.
During the current year until 202302, 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, FREE TRADE ZONE DURAZN0(URUGUAY) at 107.3966 million, 87.1243 million, 60.1888 million, 35.8655 million, 32.1971 million, and down 35.56%, up 102.25%, up 12.96%, up 77.72%, up 5443.65%. And the trade deficits were mainly from CHINA, UNITED STATES, ARGENTINA, NIGERIA, BRAZIL at 175.4947 million, 173.2056 million, 128.3136 million, 82.5982 million, 63.1983 million, and down 286.54%, up 15.98%, up 26.98%, up 2.81%, up 159.39%.
Current year until 202302, URUGUAY's trade surplus or deficit with top five countries/territories During the current year until 202302, commodities with hs2 codes, 27, 02, 87, 44, 84, were URUGUAY's top five traded commodities. They correspond to the import and export values of 466.7340 million, 423.6257 million, 294.7461 million, 260.7077 million, 222.1138 million, which were down 1.93%, down 24.69%, up 20.40%, up 22.89%, up 24.66% comparing with the same period of last year and account for 13.15%, 11.94%, 8.30%, 7.35%, 6.26% of URUGUAY's total imports and exports.
During the current year until 202302, 02, 44, 04, 10, 12 were URUGUAY's top five traded commodities, with total import and export values of 375.9821 million, 251.0876 million, 154.5098 million, 150.0441 million, 108.2128 million. These values correspond to 23.81%, 15.90%, 9.79%, 9.50%, 6.85% of URUGUAY's total exports and, respectively, were down 28.73%, up 23.20%, up 8.03%, down 25.94%, up 31.44% comparing to the same period of last year.
During the current year until 202302, 27, 87, 84, 85, 39 were URUGUAY's top five traded commodities, with total import values of 385.0549 million, 233.3559 million, 217.8574 million, 143.8003 million, 107.8006 million. These values correspond to 19.54%, 11.84%, 11.06%, 7.30%, 5.47% of URUGUAY's total exports and, respectively, were up 2.53%, up 26.78%, up 25.87%, down 2.24%, up 13.81% comparing to the same period of last year.
2. Current year until 202302, URUGUAY binational trade profile
According to Dalian Infobank, during the current year until 202302, URUGUAY-China binational exports and imports of goods amounted to 666.9817 million and were down 14.53% comparing with the same period of last year. Among these, exports from URUGUAY to China were 245.7435 million and down 43.79%, imports from China to URUGUAY were 421.2382 million and up 22.77%. The total binational trade deficit was 175.4947 million and down 286.54%.
During the urrent year until 202302, commodities with hs2 code, 02, 85, 84, 39, 87, were binational trade's top five traded commodities. They correspond to import and export values of 191.0782 million, 79.8975 million, 66.0102 million, 49.0426 million, 46.5450 million and makes up 28.65%, 11.98%, 9.90%, 7.35%, 6.98% of the total binational imports and exports. These values were also down 44.05%, up 1.12%, up 5.23%, up 232.72%, up 51.16% comparing to the same period last year.
During the current year until 202302, 02, 44, 04, 10, 51 were the top five traded commodities exported to China from URUGUAY, with export values of 191.0782 million, 14.7653 million, 9.4202 million, 7.7640 million, 6.4483 million. These values account for 77.76%, 6.01%, 3.83%, 3.16%, 2.62% of URUGUAY's total exports and were down 44.05%, down 59.16%, down 67.00%, up 83.16%, down 11.66% comparing to the same period of last year.
During the current year until 202302, 85, 84, 39, 87, 27 were URUGUAY's top five traded commodities importing from China , with import values of 79.8910 million, 65.9971 million, 49.0426 million, 46.5450 million, 22.2863 million. These values account for 18.97%, 15.67%, 11.64%, 11.05%, 5.29% of URUGUAY's total imports and were up 1.12%, up 5.21%, up 240.02%, up 51.16%, up 8875.54% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Dirección Nacional de Aduanas