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Uruguay

Uruguay ranked No. 84 in total trade value through February with a total of $255.72 million. Exports totaled $183.06 million and Imports totaled $72.66 million, a surplus of $110.4 million.

January – February 2019

Top Trading Ports

Total Trade: $255.72 million

RankPortTotal YTD
1Miami International Airport $77,567,660
2Port Everglades, Fla. $46,863,609
3Port of Philadelphia $23,289,736
4Port of Houston $15,963,986
5Port of New York $11,463,800
6Port of Newark $11,265,474
7Port of New Orleans $8,066,247
8Port of Los Angeles $7,360,510
9Port of Savannah, Ga. $6,995,334
10Low-Valued Imports and Exports $6,836,783

U.S. trade with Uruguay rose to $255.72 million through February

Uruguay’s trade with the United States rose to $255.72 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.13 percent above its total trade during the same time period last year. Uruguay’s exports increased 4.71 percent while imports rose 13.76 percent. The U.S. surplus with Uruguay was $110.4 million.

Through February, 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 Philadelphia; No. 4 Port of Houston; 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 Philadelphia No. 4 Port of Houston and No. 5 Port of New York. In the current time period, the top five accounted for 68.49 percent of Uruguay’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport fell 3.37 percent to $77.57 million.
    Exports fell 4.51 percent to $68.23 million. Imports rose 5.8 percent to $9.33 million.
  • Trade with No. 2 Port Everglades, Fla. rose 10.6 percent to $46.86 million.
    Exports rose 16.16 percent to $45.65 million. Imports fell 60.51 percent to $1.22 million.
  • Trade with No. 3 Port of Philadelphia rose 29.77 percent to $23.29 million.
    Exports fell 27.43 percent to $92,298. Imports rose 30.18 percent to $23.2 million.
  • Trade with No. 4 Port of Houston fell 4.53 percent to $15.96 million.
    Exports rose 54.76 percent to $10.64 million. Imports fell 45.95 percent to $5.32 million.
  • Trade with No. 5 Port of New York fell 0.87 percent to $11.46 million.
    Exports rose 14.99 percent to $8.32 million. Imports fell 27.41 percent to $3.14 million.

Uruguay ranked No. 84 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 85.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Uruguay by value through February were the categories of Medicines in individual dosages; Cell phones, related equipment; Perfumes; Computers; and Video game consoles, respectively. They accounted for 37.3 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; Wood, sawed or chipped, greater than 6 meters thic; and Plywood, veneered and laminated wood –– accounted for 63.61 percent of all inbound shipments.

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

  • Medicines in individual dosages rose 51.29 percent compared to last year to $21.84 million.
  • Cell phones, related equipment fell 25.44 percent compared to last year to $17.56 million.
  • Perfumes fell 3.73 percent compared to last year to $13.17 million.
  • Computers rose 17.04 percent compared to last year to $8.81 million.
  • Video game consoles rose 79.33 percent compared to last year to $6.9 million.

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

  • Frozen beef rose 43.33 percent compared to last year to $23.5 million.
  • Prepared or preserved meat rose 50.57 percent compared to last year to $9.51 million.
  • Medical instruments for surgeons, dentists, vets fell 25.63 percent compared to last year to $4.78 million.
  • Wood, sawed or chipped, greater than 6 meters thic rose 36.41 percent compared to last year to $4.22 million.
  • Plywood, veneered and laminated wood rose 3.28 percent compared to last year to $4.2 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.