Uruguay

U.S.-Uruguay Trade Facts

Uruguay is currently our 96th largest goods trading partner with $1.1 billion in total (two way) goods trade during 2008. Goods exports totaled $893 million; Goods imports totaled $244 million. The U.S. goods trade surplus with Uruguay was $649 million in 2008.

Exports

Uruguay was the United States' 79th largest goods export market in 2008.

U.S. goods exports to Uruguay in 2008 were $893 million, up 39.4% ($252 million) from 2007, and up 188% from 1994 (the year prior to Uruguay Round).

The top export categories (2-digit HS) in 2008 were:) Machinery ($216 million), Electrical Machinery ($93 million), Perfumery, Cosmetics ($68 million), Plastics ($62 million), and Optic and Medical ($48 million).

U.S. exports of agricultural products to Uruguay totaled $34.0 billion in 2008.

Imports

Uruguay was the United States' 108th largest supplier of goods imports in 2008.

U.S. goods imports from Uruguay totaled $244 million in 2008, a 50.3% decrease ($248 million) from 2007, but up 46% over the last 14 years.

The five largest import categories in 2008 were: Meat (beef, frozen) ($89 million), Special Other (returns) ($31 million), Hides and Skins ($16 million), Wood ($15 million) and Fish and Seafood ($12 million).

U.S. imports of agricultural products from Uruguay totaled $123.3 million in 2008. The top export category was red meats, fresh/chilled/frozen ($87 million).

Trade Balance

The U.S. goods trade surplus with Uruguay was $649 million in 2008, a 335.8% increase ($500 million) over 2007.

Investment

U.S. foreign direct investment (FDI) in Uruguay (stock) was $347 million in 2007 (latest data available), down 45% from 2006.

Uruguay FDI in the United States (stock) was $11 million in 2007 (latest data available), down 91% from 2006.