Uruguay Balance of Trade

Last Release

Mar 31, 2025

Actual

-313,507

Units In

USD Thousand

-111,360

Frequency

Monthly

Next Release

May 30, 2025

Time to Release

28 Days 20 Hours

Highest	Lowest	Average	Date Range	Source
677,818 Jun 2022	-423,348 Jan 2014	-72,857.48 USD Thousand	1993-2025	Banco Central del Uruguay

Uruguay exports mostly agricultural products. Shipments of meat, vegetables, rice and dairy products account for 52 percent of total exports. Main imports are: industrial supplies, crude and refined oil and machinery and equipment. Main trading partners are: Brazil (20 percent of total exports and 19 percent of imports) and Argentina (8 percent of exports and 18 percent of imports). Others include: China, United States, Venezuela and Germany.

Latest Updates

Uruguay recorded a trade deficit of $313.51 million in March 2025, widening from the $198.77 million deficit in the same month last year, marking a seven-month streak of deficits. Exports soared 5.1% year-on-year to $710.81 million, driven by a surge of 20.3% in manufactured goods, while primary goods dropped 26.2% and utilities plunged 80.4%. Imports also grew, rising 13.7% to $1,024.32 million, with intermediate goods rising 10.2%, consumer goods up 21.4% and capital goods increasing 14.9%.