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Who does Uruguay rely on?

The largest supplier of Uruguay in 2024 is China, with 22.5% of what Uruguay buys. Its share was 17.6% in 2019 and 1.2% in 1995. 305 of the 633 products Uruguay buys for more than $1 million have a supplier selling more than 50% of what Uruguay buys of that product; in 118, more than 75%. In those products, purchases from each one’s dominant supplier add up to 28.8% of what Uruguay buys.

Summary

Largest supplier: China
22.5%
Concentration (HHI)
1,206
Products with a supplier above 50%
305
Products with a supplier above 75%
118

Concentration index (HHI): 1,206 out of 10,000; equivalent to splitting purchases among 8 suppliers of the same size

Trend

Trend in shares

China went from 1.2% to 22.5% of what Uruguay buys

Share (%)

  • China 22.5%
  • Brazil 21.3%
  • Argentina 12.3%
  • United States 6.9%
  • Nigeria 3%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Brazil24.5%
1996Brazil22%
1997Brazil20.6%
1998Brazil20.7%
1999Argentina21.5%
2000Argentina21.7%
2001Argentina20.6%
2002Argentina24.4%
2003Argentina21.8%
2004Argentina17.9%
2005Argentina18.1%
2006Argentina21.2%
2007Argentina20.8%
2008Argentina24%
2009Argentina22.4%
2010Brazil17.2%
2011Brazil18%
2012Brazil16.7%
2013Brazil16.5%
2014China19.6%
2015China18%
2016China18.5%
2017Brazil24.3%
2018Brazil27.7%
2019Brazil26.2%
2020Brazil22.3%
2021China19.2%
2022Brazil21.2%
2023Brazil22.5%
2024China22.5%

Its suppliers

  1. China$2.9 billion · 22.5%
  2. Brazil$2.8 billion · 21.3%
  3. Argentina$1.6 billion · 12.3%
  4. United States$900 million · 6.9%
  5. Nigeria$387 million · 3%
  6. Germany$337 million · 2.6%
  7. Spain$301 million · 2.3%
  8. France$247 million · 1.9%
  9. India$242 million · 1.9%
  10. Mexico$223 million · 1.7%

Products with a dominant supplier

Of the 633 products Uruguay buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
TrucksBrazil54%China · 17.6%$437 million
Cameras and broadcast equipmentChina66.3%Vietnam · 14%$329 million
Fresh beefBrazil85.5%over 75%Paraguay · 11.5%$166 million
Polyethers, polyesters and epoxy resinsChina76.3%over 75%Argentina · 5.2%$139 million
TractorsBrazil66%China · 9%$131 million
PorkBrazil95.7%over 75%Paraguay · 2%$124 million
Natural gas and LPGArgentina87.6%over 75%Chile · 8.1%$123 million
ComputersChina72%United States · 8%$117 million
Air conditionersChina90.9%over 75%South Korea · 2.1%$99 million
Iron oreBrazil100%over 75%Australia · 0%$91 million
BusesChina57.5%Brazil · 37%$90 million
FurnitureBrazil60%China · 22.5%$88 million
Transformers and power suppliesChina58.8%India · 15.9%$80 million
Yerba mateBrazil99.9%over 75%Argentina · 0.1%$68 million
Valves and tapsChina65.6%Brazil · 5.6%$65 million
CornArgentina51.5%Paraguay · 47.2%$64 million
CranesPoland71.3%China · 6.2%$59 million
Monitors and projectorsChina63.7%Mexico · 27.8%$59 million
Computer and office machine partsChina57.8%United States · 10.7%$57 million
MotorcyclesChina76%over 75%India · 10%$57 million
Caustic soda and potashUnited States97.5%over 75%Argentina · 1.3%$54 million
Lamps and light fittingsChina79.6%over 75%Italy · 4.5%$53 million
Frozen vegetablesArgentina52.2%Belgium · 17.6%$49 million
Cane and beet sugarBrazil53.8%Argentina · 44.9%$49 million
Electric heaters and hair dryersChina53.6%Turkey · 14.8%$48 million

and 280 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: China
19.9%
Concentration (HHI)
889

Concentration index (HHI): 889 out of 10,000; equivalent to splitting sales among 11 customers of the same size

Trend in shares

Brazil went from 36.5% to 16.9% of what Uruguay sells

Share (%)

  • China 19.9%
  • Brazil 16.9%
  • United States 9.7%
  • Argentina 6.4%
  • Italy 3.6%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995Brazil36.5%
1996Brazil33.7%
1997Brazil32.4%
1998Brazil31.6%
1999Brazil23.7%
2000Brazil21.9%
2001Brazil21%
2002Brazil21%
2003Brazil19.5%
2004United States17.6%
2005United States18.3%
2006Brazil13.5%
2007Brazil14.2%
2008Brazil14.7%
2009Brazil19%
2010Brazil20%
2011Brazil19.1%
2012Brazil18%
2013Brazil18.1%
2014Brazil17.5%
2015China18.9%
2016China16.6%
2017China22%
2018China22.2%
2019China27.2%
2020China22.9%
2021China28.2%
2022China23.3%
2023China20.6%
2024China19.9%

123 of the 224 products Uruguay sells for more than $1 million have a customer buying more than 50% of what Uruguay sells of that product; in 61, more than 75%. In those products, sales to each one’s dominant customer add up to 24.2% of what Uruguay sells.

ProductCustomerShareSecondValue
SoybeansChina58.4%Argentina · 34.1%$598 million
TrucksBrazil95.5%over 75%Argentina · 3.7%$417 million
Live cattleTurkey87.4%over 75%Iraq · 12.5%$298 million
MaltBrazil85.6%over 75%Paraguay · 7.3%$296 million
Edible offalChina61.6%Japan · 12.9%$195 million
Tanned cattle hidesThailand60.8%China · 9.1%$189 million
Plastic packagingBrazil87.6%over 75%Argentina · 6.4%$179 million
ElectricityArgentina88.1%over 75%Brazil · 12%$132 million
LogsIndia71.7%China · 12.6%$110 million
MargarineBrazil65.2%Argentina · 26.8%$108 million
GemstonesChina85.1%over 75%Brazil · 7.6%$84 million
Raw woolChina75.2%over 75%Italy · 5.1%$80 million
Prepared meatUnited States89.7%over 75%United Arab Emirates · 3.1%$80 million
Firewood and wood chipsPortugal69.2%China · 24.5%$79 million
Cables and wireArgentina99.4%over 75%Netherlands · 0.17%$68 million

and 108 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
112Gibraltar1,239
113Central African Republic1,214
114Uruguay1,206
115San Marino1,203
116Chile1,181
117Sri Lanka1,175

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.