Uruguay
U.S.-Uruguay Trade Facts
Uruguay is currently our 93rd largest goods trading partner with $1.5 billion in total (two way) goods trade during 2011. Goods exports totaled $1.3 billion; Goods imports totaled $290 million. The U.S. goods trade surplus with Uruguay was $966 million in 2011.
Exports
Uruguay was the United States' 74th largest goods export market in 2011.
U.S. goods exports to Uruguay in 2011 were $1.3 billion, up 28.9% ($281 million) from 2010, and up 133.3% from 2000.
The top export categories (2-digit HS) in 2011 were: Machinery ($302 million), Electrical Machinery ($135 million), Perfumery, Cosmetics ($110 million), Toys and Sports Equipment ($96 million), and Mineral Fuel (oil) ($84 million).
U.S. exports of agricultural products to Uruguay totaled $52 million in 2011. Leading categories include: snack foods ($7 million), and vegetable oil (excluding soybeans) ($4 million).
Imports
Uruguay was the United States' 110th largest supplier of goods imports in 2011.
U.S. goods imports from Uruguay totaled $290 million in 2011, a 23.3% increase ($55 million) from 2010, but down 7.3% from 2000.
The five largest import categories in 2011 were: Meat (beef, frozen) ($75 million), Prepared Meat ($43 million), Special Other (returns) ($33 million), Dairy, Eggs , Honey (honey) ($29 million), and Hides and Skins ($17 million).
U.S. imports of agricultural products from Uruguay totaled $186 million in 2011. The top export categories were: red meats, fresh/chilled/frozen ($74 million), and red meats prepared/preserved ($44 million).
Trade Balance
The U.S. goods trade surplus with Uruguay was $966 million in 2011, a 30.6% increase ($227 million) over 2010.
Historical Trade Data
U.S. Goods Trade with Uruguay (in millions of dollars)
|
1980 |
1985 |
1990 |
1994 |
2000 |
2008 |
2009 |
2010 |
2011 |
Balance |
86 |
-493 |
-62 |
143 |
224 |
649 |
506 |
740 |
966 |
Exports |
183 |
64 |
144 |
311 |
537 |
893 |
745 |
975 |
1,256 |
Imports |
97 |
557 |
206 |
168 |
313 |
244 |
239 |
235 |
290 |
Investment
U.S. foreign direct investment (FDI) in Uruguay (stock) was $1.4 billion in 2010 (latest data available), up 17.9% from 2009.
U.S. distribution in Uruguay is not available in 2010.
Uruguay FDI in the United States (stock) was $415 million in 2010 (latest data available), down 19.3% from 2009.
The distribution of Uruguay FDI in the United States is not available in 2010.
NOTE: No services trade data with Uruguay is available.