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Monitor Report of URUGUAY trade and URUGUAY-China binational trade in 202009

 1.  Overview the trade of URUGUAY in goods current year until 202009

According to Dalian Infobank, in 202009URUGUAY's exports and imports of goods amounted to 1335.8145 million, and were down 8.85% comparing with the same period of last year. Among these, exports were down 6.66% at 671.5514 million, and imports were down 10.97% at 664.2632 million. And the corresponding trade surplus was 7.2882 million and down 127.36%.

During the current year until 202009, URUGUAY's total exports and imports of goods were 10965.2442 million and were down 10.64% comparing to the same period of last year. Among these, exports were 5479.9723 million and down 11.48%; imports were 5485.2719 million and down 9.78%. The total trade deficit was 5.2995 million and down 104.78%.

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 202009, URUGUAY's imports and exports to five countries/territories were 2033.3127 million, 1795.4021 million, 1142.9077 million, 991.0577 million, 543.3820 million. These values correspond to 18.54%, 16.37%, 10.42%, 9.04%, 4.96% of URUGUAY's imports and exports, and, respectively, were down 21.29%, down 13.17%, up 21.66%, down 1.94%, down 13.96% comparing to the same period of last year.

Current year until 202009, URUGUAY and the top five trade partners CHINA, BRAZIL, 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 202009, URUGUAY's exports to these five countries/territories were 978.5065 million, 694.4016 million, 543.3682 million, 427.9229 million, 415.4660 million. These values correspond to 17.86%, 12.67%, 9.92%, 7.81%, 7.58% of URUGUAY's exports and, respectively, were down 29.32%, down 22.07%, down 13.96%, up 22.00%, down 1.57% comparing with the same period of last year.

Current year until 202009, URUGUAY's exports to top five countries/territories BRAZIL, CHINA, ARGENTINA, UNITED STATES, GERMANY are the top five countries/territories that URUGUAY imports from in terms of the total export amount. During the current year until 202009, URUGUAY's imports from these five countries/territories were 1101.0005 million, 1054.8062 million, 721.0508 million, 714.9848 million, 145.9706 million. These values correspond to 20.07%, 19.23%, 13.15%, 13.03%, 2.66% of URUGUAY's total imports and, respectively, were down 6.44%, down 12.03%, up 0.75%, up 21.45%, down 7.46% comparing with the same period of last year.

During the current year until 202009, 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, ALGERIA, NETHERLANDS at 543.3544 million, 415.4181 million, 253.9771 million, 123.7956 million, 104.2392 million, and down 13.96%, down 1.55%, up 0.40%, up 38.08%, down 21.87%. And the trade deficits were mainly from ARGENTINA, BRAZIL, UNITED STATES, ANGOLA, GERMANY at 451.0440 million, 406.5989 million, 287.0619 million, 106.3161 million, 81.0266 million, and up 7.20%, up 42.28%, up 20.65%, down 71.23%, up 40.46%.

Current year until 202009, URUGUAY's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 02, 44, 27, 12, 84, were URUGUAY's top five traded commodities. They correspond to the import and export values of 1498.0135 million, 925.3555 million, 804.8978 million, 749.6184 million, 560.4707 million, which were down 13.74%, down 5.89%, down 17.88%, down 10.67%, down 3.45% comparing with the same period of last year and account for 13.66%, 8.44%, 7.34%, 6.84%, 5.11% of URUGUAY's total imports and exports.

During the current year until 202009, 02, 44, 12, 04, 10 were URUGUAY's top five traded commodities, with total import and export values of 1308.0330 million, 893.4202 million, 732.1732 million, 490.5346 million, 423.5988 million. These values correspond to 23.87%, 16.30%, 13.36%, 8.95%, 7.73% of URUGUAY's total exports and, respectively, were down 16.78%, down 5.88%, down 10.90%, up 3.66%, up 29.17% comparing to the same period of last year.

During the current year until 202009, 27, 84, 87, 85, 39 were URUGUAY's top five traded commodities, with total import values of 681.8276 million, 537.0869 million, 446.2367 million, 434.9422 million, 293.8304 million. These values correspond to 12.43%, 9.79%, 8.14%, 7.93%, 5.36% of URUGUAY's total exports and, respectively, were down 17.74%, down 4.87%, down 18.83%, down 11.31%, down 10.34% comparing to the same period of last year.


2. Current year until 202009, URUGUAY binational trade profile

According to Dalian Infobank, during the current year until 202009, URUGUAY-China binational exports and imports of goods amounted to 2033.3127 million and were down 21.29% comparing with the same period of last year. Among these, exports from URUGUAY to China were 978.5065 million and down 29.32%, imports from China to URUGUAY were 1054.8062 million and down 12.03%. The total binational trade deficit was 76.2998 million and down 141.15%.

During the urrent year until 202009, commodities with hs2 code, 02, 85, 12, 84, 44, were binational trade's top five traded commodities. They correspond to import and export values of 609.9808 million, 228.6361 million, 170.9822 million, 169.0371 million, 77.2138 million and makes up 30.00%, 11.24%, 8.41%, 8.31%, 3.80% of the total binational imports and exports. These values were also down 34.04%, down 16.43%, down 4.63%, up 0.98%, down 26.08% comparing to the same period last year.

During the current year until 202009, 02, 12, 44, 04, 51 were the top five traded commodities exported to China from URUGUAY, with export values of 609.9808 million, 170.1506 million, 73.9576 million, 45.3311 million, 21.6602 million. These values account for 62.34%, 17.39%, 7.56%, 4.63%, 2.21% of URUGUAY's total exports and were down 34.04%, down 4.57%, down 26.58%, up 99.33%, down 75.14% comparing to the same period of last year.

During the current year until 202009, 85, 84, 87, 38, 29 were URUGUAY's top five traded commodities importing from China , with import values of 228.4602 million, 168.7220 million, 69.9161 million, 62.2727 million, 51.3705 million. These values account for 21.66%, 16.00%, 6.63%, 5.90%, 4.87% of URUGUAY's total imports and were down 16.49%, up 0.81%, up 13.82%, up 0.04%, down 17.45% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Dirección Nacional de Aduanas