Uruguay Trade Gap Narrows Sharply

Uruguay’s trade deficit narrowed to $151.8 million in December 2025 from $233.8 million a year earlier. Exports rose 23.7% year-on-year to $894.8 million, driven by a sharp increase in shipments of primary products (66.3%) and solid growth in manufactured goods exports (11.3%). In contrast, utilities exports plunged 82.9%. Meanwhile, imports increased 9.3% to $1.05 billion. Consumer goods purchases rose 8.2%, imports of intermediate goods advanced 17.2%, while capital goods imports declined 9.3%.

Uruguay’s trade deficit narrowed to $16.8 million in November 2025 from $192.9 million a year earlier. Exports rose 11.5% year-on-year to $994.5 million, led by manufacturing goods (16.9%) and utilities (96.4%), while primary goods slipped 3%. Imports fell 6.7% to $1.0 billion, as purchases of capital goods dropped 14.2% and intermediate goods declined 11.9%, partly offset by a 4.5% rise in consumer goods imports.

Uruguay’s trade deficit widened to $223.8 million in October 2025 from $138.1 million a year earlier. Imports rose 8% year-on-year to $1.2 billion. Purchases of intermediate goods increased 11.5% amid a 105.8% surge in oil-distilled imports, while consumer goods rose 6.9%, with vehicle purchases up 34.2%. Meanwhile, exports increased only 0.5% to $998.5 million, as an 83.5% slump in utilities sales and a 5.9% drop in manufactured goods offset a 17.8% rise in primary sector shipments.