FX.co ★ Uruguay Trade Gap Widens in October

In October 2025, Uruguay experienced an increase in its trade deficit, reaching $223.8 million compared to $138.1 million in the same month the previous year. The country's imports surged by 8% year-on-year, totaling $1.2 billion. This increase was driven by an 11.5% rise in the purchase of intermediate goods, notably highlighted by a substantial 105.8% jump in oil-distilled imports. Additionally, consumer goods saw a 6.9% increase in imports, with vehicle purchases experiencing a significant rise of 34.2%. On the export front, Uruguay recorded a modest growth of 0.5%, amounting to $998.5 million. This was as a result of an 83.5% decline in utility sales and a 5.9% drop in manufactured goods, which overshadowed a 17.8% increase in shipments from the primary sector.