FX.co ★ Uruguay Trade Deficit Narrows Sharply in April

Uruguay recorded a trade deficit of $91.76 million in April 2025, a significant improvement from the $338.04 million deficit noted in April of the previous year. This marks the country's eighth successive month in deficit. The overall export value increased by 4.9% compared to the same period last year, reaching $839.67 million. This growth was fueled by a 9.2% rise in exports of primary goods and a 3.1% increase in manufactured goods, although there were no exports in public services during this period. On the import side, there was a 19.2% reduction, bringing the total to $931.43 million. This decline was largely attributed to a 29.6% decrease in intermediate goods and a 6.4% reduction in capital goods, while imports of consumer goods remained stable.