FX.co ★ Uruguay's Trade Deficit Narrows Sharply on Export Surge

Uruguay’s trade deficit narrowed sharply to $72.2 million in January 2026, down from $199.4 million in the same month a year earlier. Exports increased 6.8% to $808.1 million, supported by a 31.2% jump in primary product sales, while exports of manufactured goods edged down 1.3%. Imports declined 7.9% to $880.3 million, reflecting steep drops in purchases of capital goods (-22.3%) and intermediate goods (-14.2%), partially offset by a 9.7% increase in consumer goods imports.