Uruguay recorded a trade surplus of 101676 USD Thousand in May of 2021. source: Banco Central del Uruguay

Balance of Trade in Uruguay averaged -71437.94 USD Thousand from 1993 until 2021, 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 2021.

Balance of Trade in Uruguay is expected to be -81000.00 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 -114811.13 in 12 months time. In the long-term, the Uruguay Balance of Trade is projected to trend around -114811.13 USD Thousand in 2022 and -25000.00 USD Thousand in 2023, according to our econometric models.

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Uruguay Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
101676.00 -88091.00 226197.00 -423348.00 1993 - 2021 USD Thousand Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-03-26 10:00 PM Feb $33.9M $-32.18M $-130M
2021-04-30 09:15 PM Mar $-222M $14.3M $18M
2021-06-01 07:00 PM Apr $-81M $-139M
2021-06-30 11:00 PM May $102M $-88M $-82M
2021-07-30 10:00 PM Jun $102M $-81M
2021-08-31 09:30 PM Jul
2021-09-30 10:00 PM Aug
2021-10-29 10:45 PM Sep

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.