Uruguay recorded a trade surplus of 154079 USD Thousand in August of 2020.

Balance of Trade in Uruguay averaged -72716.64 USD Thousand from 1993 until 2020, 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 October of 2020.

Balance of Trade in Uruguay is expected to be 148000.00 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 59000.00 in 12 months time. In the long-term, the Uruguay Balance of Trade is projected to trend around 45000.00 USD Thousand in 2021 and -25000.00 USD Thousand in 2022, according to our econometric models.

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Uruguay Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
154079.00 -76732.00 226197.00 -423348.00 1993 - 2020 USD Thousand Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-06-30 11:00 PM May $126.47M $-43.3M $70M
2020-07-31 10:00 PM Jun $126.39M $126.47M $90M
2020-08-31 09:30 PM Jul $-72.24M $106.2M $130M
2020-09-30 10:00 PM Aug $154.08M $-76.73M $-100M
2020-10-30 10:00 PM Sep $154.08M $120M
2020-11-30 10:00 PM Oct
2020-12-30 10:00 PM Nov

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.