Uruguay-Netherlands Bilateral Trade Analysis 2023

Complete trade statistics: $796.24M total volume •Uruguay surplus: $345.54M

UruguayNetherlands

$570.89M

Exports (2023)

NetherlandsUruguay

$225.35M

Imports (2023)

Trade Balance

$345.54M

Surplus for Uruguay

Total Trade

$796.24M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Uruguay and Netherlands. Green line shows exports from Uruguay, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Uruguay-Netherlands commercial relationship and competitive positioning in global markets.

UruguayNetherlands Exports

$570.89M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
51.7% top product
1Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood
$295.15M
51.7% of exports
2Meat: of bovine animals, boneless cuts, fresh or chilled
$138.86M
24.3% of exports
3Oil seeds: low erucic acid rape or colza seeds, whether or not broken
$37.04M
6.5% of exports
4Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$18.20M
3.2% of exports
5Cereals: husked (brown) rice
$17.43M
3.1% of exports

🎯 Strategic Export Focus

Uruguay's export portfolio to Netherlands demonstrates strategic specialization, with wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood representing a key competitive advantage in this bilateral market.

NetherlandsUruguay Imports

$225.35M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
67.0% concentration
1Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$151.01M
67.0% of imports
2Vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen
$6.39M
2.8% of imports
3Base stations
$4.20M
1.9% of imports
4Ferro-alloys: ferro-molybdenum
$2.24M
1.0% of imports
5Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), n.e.c. in item no 8704.1
$2.24M
1.0% of imports

📦 Import Strategy Analysis

Uruguay's import pattern from Netherlands reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Uruguay demonstrates competitive strength in exportingwood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood to Netherlands, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $796.24M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Uruguay-Netherlands Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $796.24 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Uruguay maintains a surplus of $345.54 million
  • Export Focus: Uruguay's primary exports include wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood, meat: of bovine animals, boneless cuts, fresh or chilled, oil seeds: low erucic acid rape or colza seeds, whether or not broken
  • Import Dependencies: Key imports from Netherlands include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen, base stations

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $796.24M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Uruguay leveraging its comparative advantages in wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Uruguay's specialization in wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous woodcomplements Netherlands's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $796.24M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $796.24M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $796.24 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Uruguay's trade surplus of $345.54 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in meat: of bovine animals, boneless cuts, fresh or chilled present expansion opportunities.
Market Diversification
Beyond current focus on petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Uruguay and Netherlands represents a total trade volume of $796.24 million in 2023. This partnership demonstrates a favorable trade balance for Uruguay, with exports exceeding importsby $345.54 million.

Export Strengths

Uruguay's exports to Netherlands total $570.89 million, with competitive advantages in wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood, representing $295.15M or51.7% of bilateral exports.

Import Dependencies

Imports from Netherlands amount to $225.35 million, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising67.0% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Uruguay's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023