Soybeans in Uruguay | The Observatory of Economic Complexity

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Exports In 2022, Uruguay exported $793M in Soybeans, making it the 7th largest exporter of Soybeans in the world. At the same year, Soybeans was the 3rd most exported product in Uruguay. The main destination of Soybeans exports from Uruguay are: China ($324M), Argentina ($256M), Egypt ($80.8M), Bangladesh ($54.5M), and Netherlands ($30.1M).

The fastest growing export markets for Soybeans of Uruguay between 2021 and 2022 were Argentina ($256M), China ($137M), and Bangladesh ($24.7M).

Imports In 2022, Uruguay imported $24.3M in Soybeans, becoming the 54th largest importer of Soybeans in the world. At the same year, Soybeans was the 117th most imported product in Uruguay. Uruguay imports Soybeans primarily from: Paraguay ($19.4M), Argentina ($4.63M), Bolivia ($272k), Brazil ($34.8k), and United States ($25.1k).

The fastest growing import markets in Soybeans for Uruguay between 2021 and 2022 were Paraguay ($8.31M) and Bolivia ($272k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soybeans from Uruguay to the United States.

Feb 2024

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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 Soybeans. Countries are shown based on data availability.

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

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EXPORTS (2022)$793M

IMPORTS (2022)$24.3M

NET TRADE (2022)$769M

In 2022, Uruguay exported $793M in Soybeans. The main destinations of Uruguay exports on Soybeans were China ($324M), Argentina ($256M), Egypt ($80.8M), Bangladesh ($54.5M), and Netherlands ($30.1M).

In 2022, Uruguay imported $24.3M in Soybeans, mainly from Paraguay ($19.4M), Argentina ($4.63M), Bolivia ($272k), Brazil ($34.8k), and United States ($25.1k).