Uruguay June 2026 trade balance swings to $71.7 million deficit

Imports climbed 35.5% to $1.18 billion, driven by a sharp rise in energy-related purchases, while exports fell 3.2% as electricity, gas, and water shipments slumped.

25d ago

Fact Check

The Trading Economics report 'Uruguay Trade Balance Swings to Deficit in June' precisely matches every element of the claim: the $71.7 million June 2026 deficit, imports climbing 35.5% to $1.18 billion driven by energy-related purchases (electricity and oil & distillates surging), and exports falling 3.2% with electricity/gas/water shipments slumping. No conflicting evidence was found. Confidence is medium rather than high because only the secondary aggregator source was confirmed; the underlying Uruguayan primary statistics release was not independently located.

Summary

Uruguay posted a trade deficit of $71.7 million in June 2026, reversing from a surplus of $274.8 million a year earlier as imports surged and exports declined. Imports rose 35.5% year on year to $1.18 billion, led by a 57% jump in intermediate goods. Energy-related purchases were particularly strong, with electricity imports soaring 1,286.1% and imports of oil and distillates increasing 407.7%. Consumer goods imports rose 13.2% and capital goods imports increased 12.7%. Exports fell 3.2% to $1.11 billion, as shipments of electricity, gas, and water dropped 87%. Exports of primary products declined 14.8%, partly offset by a 7.3% increase in manufactured goods exports.

Terms & Concepts

intermediate goods: Products used as inputs in the production of other goods rather than sold for final consumption.
primary products: Raw or minimally processed goods, such as agricultural or extractive commodities.
capital goods: Machinery, equipment, and other durable assets used to produce goods and services.