Trade Balance in Uruguay

Uruguay Trade Balance | Economic News & Forecasts

Uruguay - Trade Balance

The economy is expected to have decelerated further in the first quarter, after annual growth fell to a near three-year low in Q4 2018 on slumping consumption and investment activity. Amid rising unemployment, elevated inflation and a gradually depreciating peso, private consumption appears to have remained sluggish in Q1. On the external front, metrics were also gloomy: Merchandise exports contracted in Q1 amid a still-frail regional environment and sustained fears over a global trade spat. Turning to the second quarter, incoming data has been mixed thus far: While exports of goods rebounded firmly in April, signaling a stronger external sector, an uptick in inflation and further depreciation of the peso suggest domestic demand was constrained at the beginning of Q2.

Uruguay - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)1.8  1.6  1.2  0.6  0.0  

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Uruguay Trade Balance Chart


Uruguay Trade
Note: Trade balance in USD billion.
Source: Central Bank of Uruguay and Met the why particular calculations.

Uruguay Facts

ValueChangeDate
Exchange Rate35.310.24 %Jun 13

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