2018
Exports
$2.47MWorld Rnk 39 / 146
Flag Rnk 155 / 918
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2018
Imports
$3.08MWorld Rnk 95 / 218
Flag Rnk 461 / 1152
2022
ECONOMIC COMPLEXITY of Uruguay
0.15Rnk 57 / 133

About

Exports In 2018, Uruguay exported $2.47M in Pure Olive Oil, making it the 39th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 155th most exported product in Uruguay. The main destination of Pure Olive Oil exports from Uruguay are: Brazil ($1.12M), Spain ($774k), Argentina ($376k), United States ($181k), and United Kingdom ($4.96k).

The fastest growing export markets for Pure Olive Oil of Uruguay between 2021 and 2022 were Brazil ($534k), United States ($179k), and Argentina ($24.1k).

Imports In 2022, Uruguay imported $3.08M in Pure Olive Oil, becoming the 95th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 461st most imported product in Uruguay. Uruguay imports Pure Olive Oil primarily from: Spain ($1.5M), Argentina ($836k), Italy ($621k), Chile ($87.6k), and France ($14.6k).

The fastest growing import markets in Pure Olive Oil for Uruguay between 2021 and 2022 were Argentina ($266k), France ($14.6k), and Israel ($10k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pure Olive Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.47M
IMPORTS (2022)$3.08M
NET TRADE (2022)-$611k

In 2022, Uruguay exported $2.47M in Pure Olive Oil. The main destinations of Uruguay exports on Pure Olive Oil were Brazil ($1.12M), Spain ($774k), Argentina ($376k), United States ($181k), and United Kingdom ($4.96k).

In 2022, Uruguay imported $3.08M in Pure Olive Oil, mainly from Spain ($1.5M), Argentina ($836k), Italy ($621k), Chile ($87.6k), and France ($14.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Uruguay WERE (2021 - 2022):
Brazil$534k (90.5%)
United States$179k (7.31k%)
Argentina$24.1k (6.85%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Uruguay WERE (2021 - 2022):
Spain-$1.1M (-58.7%)
Paraguay-$22.3k (-89.9%)
Germany-$15.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uruguay's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Uruguay's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $585k
TOP IMPORT POTENTIALArgentina+ $267k

Pure Olive Oil’s highest export potential is Brazil. With an export gap of $585k.   Pure Olive Oil’s highest import potential is Argentina with an import gap of $267k.

See methodology.

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