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Uruguay

Uruguay ranked No. 81 in total trade value through October with a total of $1.55 billion. Exports totaled $1.12 billion and Imports totaled $430.88 million, a surplus of $689.93 million.

January – October 2018

Top Trading Ports

Total Trade: $1.55 billion

RankPortTotal YTD
1Miami International Airport $408,856,061
2Port Everglades, Fla. $259,744,336
3Port of Houston $154,214,883
4Port of Philadelphia $143,455,646
5Port of New York $85,835,793
6Port of Newark $61,581,271
7Port of New Orleans $57,428,526
8Port of Savannah, Ga. $52,673,250
9Low-Valued Imports and Exports $38,950,138
10Port of Freeport, Texas $26,590,728

U.S. trade with Uruguay rose to $1.55 billion through October

Uruguay’s trade with the United States rose to $1.55 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.35 percent below its total trade during the same time period last year. Uruguay’s exports decreased 18.2 percent while imports fell 15.08 percent. The U.S. surplus with Uruguay was $689.93 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Miami International Airport; No. 2 Port Everglades, Fla.; No. 3 Port of Houston; No. 4 Port of Philadelphia; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Miami International Airport No. 2 Port Everglades, Fla. No. 3 Port of Southern Louisiana, Gramercy, St. James Parish No. 4 Port of Houston and No. 5 Port of Philadelphia. In the current time period, the top five accounted for 67.8 percent of Uruguay’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport rose 12.23 percent to $408.86 million.
    Exports rose 11.97 percent to $355.49 million. Imports rose 13.97 percent to $53.36 million.
  • Trade with No. 2 Port Everglades, Fla. rose 17.95 percent to $259.74 million.
    Exports rose 23.3 percent to $247.81 million. Imports fell 37.93 percent to $11.94 million.
  • Trade with No. 3 Port of Houston rose 2.35 percent to $154.21 million.
    Exports fell 4.51 percent to $109.13 million. Imports rose 23.9 percent to $45.08 million.
  • Trade with No. 4 Port of Philadelphia fell 4 percent to $143.46 million.
    Exports fell 40.49 percent to $1.94 million. Imports fell 3.18 percent to $141.52 million.
  • Trade with No. 5 Port of New York rose 50.85 percent to $85.84 million.
    Exports rose 43.26 percent to $68.66 million. Imports rose 91.43 percent to $17.17 million.

Uruguay ranked No. 81 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 78.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Uruguay by value through October were the categories of Medicines in individual dosages; Cell phones, related equipment; Perfumes; Computers; and Sodium or potassium hydroxide or peroxide, respectively. They accounted for 35.23 percent of total exports to Uruguay.

The value of the top five categories of U.S. imports from Uruguay –– Frozen beef; Prepared or preserved meat; Medical instruments for surgeons, dentists, vets; Oranges, grapefruit, other citrus; and Misc. leather products –– accounted for 59.51 percent of all inbound shipments.

Looking more closely at U.S. exports to Uruguay:

  • Medicines in individual dosages rose 155.25 percent compared to last year to $110.11 million.
  • Cell phones, related equipment rose 8.03 percent compared to last year to $107.24 million.
  • Perfumes rose 0.36 percent compared to last year to $72.03 million.
  • Computers rose 24.98 percent compared to last year to $55.55 million.
  • Sodium or potassium hydroxide or peroxide rose 115.88 percent compared to last year to $49.97 million.

Looking more closely at U.S. imports from Uruguay:

  • Frozen beef fell 6.81 percent compared to last year to $129.7 million.
  • Prepared or preserved meat rose 4.21 percent compared to last year to $36.26 million.
  • Medical instruments for surgeons, dentists, vets rose 29.85 percent compared to last year to $33.6 million.
  • Oranges, grapefruit, other citrus fell 0.5 percent compared to last year to $31.51 million.
  • Misc. leather products rose 9.83 percent compared to last year to $25.34 million.

In the latest annual figures available, Uruguay recorded $2.16 billion in trade with the United States. At year’s end, its were Miami; New Orleans; New York City; Houston; and Philadelphia. Total U.S. exports to Uruguay were $ 1.58 billion and imports from Uruguay were $584.84 million. The U.S. surplus with Uruguay was $993.66 million.