Uruguay
U.S. Trade with Uruguay in 2022
Export Market Rank
#70 Among U.S. Agricultural Export Markets
Total Export Value
$102.64 Million
3-Year Average
$93.25 Million
Compound Average Growth
1.3% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Uruguay in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Essential Oils | $21.78 Million | 787 | $15.57 Million | 57% |
| Other Intermediate Products | $11.55 Million | 442 | $7.12 Million | 118% |
| Distilled Spirits | $11.52 Million | --- | $5.88 Million | 247% |
| Food Preparations | $11.06 Million | 1,545 | $7.82 Million | 22% |
| Dairy Products | $9.75 Million | 7,335 | $7.24 Million | -4% |
| Vegetable Oils (excl. soybean) | $8.87 Million | 2,592 | $6.55 Million | -6% |
| Baked Goods | $2.86 Million | 489 | $2.43 Million | -19% |
| Chocolate & Cocoa Products | $2.64 Million | 283 | $3.43 Million | 65% |
| Other Consumer Oriented | $2.47 Million | 381 | $2.03 Million | 216% |
| Planting Seeds | $2.39 Million | 1,238 | $2.03 Million | 21% |
Data and Analysis
Post estimates marketing year (MY) 2022/2024 soybean production at 875,000 metric tons (MT), the lowest level in sixteen years due to a historic drought affecting Uruguay and neighboring Argentina. As a result, Post reduces MY 2022/23 exports to 850,000 MT.
Wheat production in marketing year (MY) 2023-2024 is forecast to remain flat at 1.2 million metric tons. Production will remain flat despite a larger harvested area as Post projects a return to trend from high yields in the previous season.
The Uruguayan beef and cattle industry is in very good economic condition. Strong foreign demand and very high export prices are benefiting all parts of the value chain with cow-calf and cattle finishing operations seeing strong, positive returns. 2023 cattle slaughter is projected at 2.56 million head, the third year in a row with high numbers.
News and Features
The Agriculture Innovation Mission (AIM) for Climate will increase and accelerate global innovation research and development on agriculture and food systems in support of climate action.
December 8, 2015
Feature
Cochran Fellowship Program Teaches Uruguayan Restaurateur How to Expand, Help Economy
Inside the grille area of Cochran Fellowship Program alumnus Marcelo Roel’s La Perdiz restaurant in Montevideo, Uruguay. Uruguayan restaurateur Marcelo Roel credits USDA’s Cochran Fellowship Program (CFP) with helping him expand his business by...
November 20, 2013
News Release
USDA Announces GSM-102 Credit Guarantees for Export Sales To South America
WASHINGTON, Nov. 20, 2013 – The U.S. Department of Agriculture today announces availability of the following credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation's Export Credit Guarantee Program (GSM...