Uruguay recorded a trade surplus of 126470 USD Thousand in May of 2020.

Balance of Trade in Uruguay averaged -73792.47 USD Thousand from 1993 until 2020, reaching an all time high of 226197 USD Thousand in June of 2013 and a record low of -423348 USD Thousand in January of 2014. This page provides - Uruguay Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Balance of Trade in Uruguay is expected to be -118555.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Uruguay to stand at -114077.00 in 12 months time. In the long-term, the Uruguay Balance of Trade is projected to trend around -114806.00 USD Thousand in 2021 and -114811.00 USD Thousand in 2022, according to our econometric models.

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Uruguay Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
126470.00 -43324.00 226197.00 -423348.00 1993 - 2020 USD Thousand Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 10:00 PM Feb $-10.1M $-149.4M $-120M
2020-04-30 09:15 PM Mar $-173.4M $-10.1M $ -118.6M
2020-05-29 09:30 PM Apr $-37.6M $-150.8M $-190M
2020-06-30 11:00 PM May $126.47M $-43.3M $70M
2020-07-31 10:00 PM Jun $90M
2020-08-31 10:00 PM Jul
2020-09-30 10:00 PM Aug
2020-10-30 10:00 PM Sep -118555


Uruguay Balance of Trade
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.