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Uruguay

Uruguay ranked No. 80 in total trade value through August with a total of $1.41 billion. Exports totaled $1.06 billion and Imports totaled $355.21 million, a surplus of $701.39 million.

January – August 2019

Top Trading Ports

Total Trade: $1.41 billion

RankPortTotal YTD
1Miami International Airport $301,958,531
2Port Everglades, Fla. $204,620,127
3Port of Houston $155,982,126
4Port of Philadelphia $133,004,261
5Port of Port Arthur, Texas $75,017,180
6Port of New York $55,608,654
7Port of Texas City, Texas $51,233,753
8Port of Newark $50,003,608
9Port of Savannah, Ga. $45,561,493
10Low-Valued Imports and Exports $41,762,641

U.S. trade with Uruguay rose to $1.41 billion through August

Uruguay’s trade with the United States rose to $1.41 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.92 percent above its total trade during the same time period last year. U.S. exports to Uruguay increased 17.12 percent while U.S. imports from Uruguay rose 2.03 percent. The U.S. surplus with Uruguay was $701.39 million.

Through August, 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 Port Arthur, Texas. 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 Houston No. 4 Port of Philadelphia and No. 5 Port of New York. In the current time period, the top five accounted for 61.66 percent of Uruguay’s U.S. trade.

Among those top five:

  • Trade with No. 1 Miami International Airport fell 4.6 percent to $301.96 million.
    Exports fell 7.25 percent to $256.99 million. Imports rose 14 percent to $44.97 million.
  • Trade with No. 2 Port Everglades, Fla. fell 0.81 percent to $204.62 million.
    Exports fell 0.08 percent to $196.32 million. Imports fell 15.39 percent to $8.3 million.
  • Trade with No. 3 Port of Houston rose 15.08 percent to $155.98 million.
    Exports rose 26.41 percent to $126.43 million. Imports fell 16.81 percent to $29.55 million.
  • Trade with No. 4 Port of Philadelphia rose 11.8 percent to $133 million.
    Exports fell 43.17 percent to $957,604. Imports rose 12.58 percent to $132.05 million.
  • Trade with No. 5 Port of Port Arthur, Texas totaled $75.02 million.
    Exports totaled $75.02 million. There were no imports.

Uruguay ranked No. 80 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 81.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Uruguay by value through August were the categories of Oil; Medicines in individual dosages; Cell phones, related equipment; Perfumes; and Computers, respectively. They accounted for 45.44 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; Oranges, grapefruit, other citrus; Medical instruments for surgeons, dentists, vets; and Wood, sawed or chipped, greater than 6 meters thic –– accounted for 62.05 percent of all inbound shipments.

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

  • Oil rose 376.32 percent compared to last year to $216.13 million.
  • Medicines in individual dosages rose 7.84 percent compared to last year to $88.82 million.
  • Cell phones, related equipment fell 14.68 percent compared to last year to $76.74 million.
  • Perfumes fell 14.2 percent compared to last year to $51.55 million.
  • Computers rose 3.57 percent compared to last year to $46.92 million.

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

  • Frozen beef rose 12.47 percent compared to last year to $118.77 million.
  • Prepared or preserved meat rose 22.96 percent compared to last year to $34.63 million.
  • Oranges, grapefruit, other citrus fell 12.94 percent compared to last year to $25.09 million.
  • Medical instruments for surgeons, dentists, vets fell 4.99 percent compared to last year to $23.82 million.
  • Wood, sawed or chipped, greater than 6 meters thic rose 31.68 percent compared to last year to $18.11 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.