The construction machinery market in Uruguay depends predominantly on imports. In 2005, total imports were valued at US$ 15 million. Imports from the U.S. worth US$ 2.4 million, occupying the third import market share of 16%. Main competitors are Brazil, with the largest market share of 27%, followed by Japan with 19%. Investment in heavy equipment is likely to continue over the next few years to support important growth infrastructure construction activity. Demand for construction equipment is expected to grow by 15% in 2006.

For the full report, please contact Jorge Balparda, Sector Specialist in Uruguay.