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South America and South Atlantic Islands
Uruguay |
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Last reviewed: 20 January 2009 |
Country information
TRADE AND INVESTMENT
Trade and Investment with the UK
|
|
UK exports (£ Millions) |
UK imports (£ Millions) |
Balance (£ Millions) |
|
2004 |
30.81 |
43.93 |
-13.12 |
|
2005 |
37.50 |
59.39 |
-21.89 |
|
2006 |
40.11 |
65.24 |
-25.13 |
|
2007 |
35.13 |
70.23 |
-35.10 |
Although Uruguay's population is small (3.5 million) it still offers worthwhile business opportunities for UK companies; the UK share of the market is approximately 2%.
Scotch whisky accounts for approximately 20% of British exports to Uruguay, followed by hides, medicinal & pharmaceutical products, telecommunications equipment & chemicals, and machinery & transport equipment. The UK's principal imports are meat, fruit & vegetables, textile fibres, fish and derived products.