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Trade between the United States and Uruguay

In 2024, the United States exported $900 million to Uruguay and imported $1.2 billion. The United States ran a deficit of $301 million with Uruguay, compared with a surplus of $365 million in 2019. Uruguay was the United States’ 84th largest trading partner (0% of its trade), and the United States was Uruguay’s 4th (8%).

Summary

United States → Uruguay
$900million
Uruguay → United States
$1.2billion
The United States’ balance
-$301million

Balance

The United States’ trade balance with Uruguay

Trade between the United States and Uruguay grew 4.2-fold since 1995

USD billions (current). The United States’ exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.9
  • Imports 1.2
  • Balance -0.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$357 million$147 million$210 million
1996$439 million$184 million$255 million
1997$488 million$191 million$297 million
1998$490 million$243 million$247 million
1999$408 million$186 million$222 million
2000$363 million$282 million$81 million
2001$296 million$201 million$95 million
2002$179 million$157 million$22 million
2003$203 million$264 million-$61 million
2004$254 million$613 million-$359 million
2005$291 million$811 million-$520 million
2006$375 million$555 million-$180 million
2007$458 million$520 million-$63 million
2008$616 million$234 million$382 million
2009$610 million$210 million$401 million
2010$928 million$229 million$698 million
2011$1.2 billion$296 million$862 million
2012$1.1 billion$363 million$719 million
2013$1.1 billion$403 million$699 million
2014$1.1 billion$477 million$609 million
2015$888 million$581 million$307 million
2016$605 million$486 million$119 million
2017$1 billion$490 million$511 million
2018$805 million$449 million$355 million
2019$848 million$483 million$365 million
2020$892 million$562 million$330 million
2021$996 million$613 million$383 million
2022$2.1 billion$838 million$1.3 billion
2023$1.2 billion$879 million$351 million
2024$900 million$1.2 billion-$301 million

What they sell each other

What the United States sells to Uruguay

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$81 million · 9%
    144 thousand tonnes · the United States’ destinations
  2. Refined petroleum$65 million · 7.2%
    65 thousand tonnes · the United States’ destinations
  3. Caustic soda and potash$52 million · 5.8%
    278 thousand tonnes
  4. Petroleum coke and bitumen$38 million · 4.3%
    152 thousand tonnes
  5. Medicines in measured doses or retail packs$38 million · 4.2%
    85 tonnes · the United States’ destinations
  6. Polyethylene$22 million · 2.5%
    20 thousand tonnes · the United States’ destinations
  7. Harvesters and farm machinery$22 million · 2.4%
    3 thousand tonnes
  8. Plows, seeders and tillage machinery$22 million · 2.4%
    2 thousand tonnes
  9. Mixed fertilizers$20 million · 2.2%
    40 thousand tonnes
  10. Cameras and broadcast equipment$20 million · 2.2%
    90 tonnes

What Uruguay sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Frozen beef$508 million · 42.3%
    90 thousand tonnes
  2. Chemical wood pulp$194 million · 16.2%
    281 thousand tonnes · Uruguay’s destinations
  3. Prepared meat$72 million · 6%
    9 thousand tonnes
  4. Fresh beef$69 million · 5.7%
    6 thousand tonnes
  5. Beef, mutton and goat tallow$66 million · 5.5%
    70 thousand tonnes
  6. Sawn wood$49 million · 4.1%
    67 thousand tonnes · the United States’ sources
  7. Orthopedic and hearing devices$40 million · 3.3%
    3 tonnes
  8. Plywood$36 million · 3%
    51 thousand tonnes
  9. Natural honey$24 million · 2%
    10 thousand tonnes
  10. Edible offal$23 million · 1.9%
    3 thousand tonnes

How it travels

Estimated sea route from Los Angeles to Montevideo.

The estimated sea route between Los Angeles and Montevideo is 7,744 nautical miles (14,342 km) long: ≈ 18–23 days at sea (at 18 and 14 knots).

Passages it crosses: Cape Horn.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.8 billion · 85.4%
  2. Air$308 million · 14.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Uruguay was the United States’ 84th largest trading partner (0% of its trade), and the United States was Uruguay’s 4th (8%).

Uruguay in the United States’ trade
0%
Uruguay’s rank among the United States’ partners
84th
The United States in Uruguay’s trade
8.2%
The United States’ rank among Uruguay’s partners
4th

Compare with

Other partners of the United States

Other partners of Uruguay

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.