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US$ 5.33mn
FDI inflows to India from April 2000-March 2021

US$ 204mn

Bilateral trade during fiscal 2019-2020

270 m
people living in Mercosur, a conglomerate of South American countries can be accessed

GNP

Uruguay’s gross national product (GNP) per capita is among the highest in Latin America

Manufacturing

Uruguay's manufacturing strengths lie in processed foods, beverages, chemical products, textiles, and tobacco products

Agriculture

Wool, beef, livestock, livestock products, skins and hides, account for about two-fifths of Uruguay’s export income

Taxation

Uruguay’s banking laws shield investors from most forms of taxation

India's Exports and Imports to Uruguay

Value in US$ Million

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 208.32 152.9 187.8 159.45 180.99
2 %Growth -26.6 22.82 -15.09 13.51
3 India’s Total Export 3,10,338.48 2,62,291.09 2,75,852.43 3,03,526.16 3,30,069.60
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.07 0.06 0.07 0.05 0.05
6 IMPORT 20.35 17.71 13.45 24.98 42.96
7 %Growth -12.97 -24.06 85.67 72
8 India’s Total Import 4,48,033.41 3,81,007.76 3,84,357.03 4,65,580.99 5,14,034.09
9 %Growth -14.96 0.88 21.13 10.41
10 %Share 0 0 0 0.01 0.01
11 TOTAL TRADE 228.68 170.62 201.25 184.43 223.95
12 %Growth -25.39 17.96 -8.36 21.43
13 India’s Total Trade 7,58,371.89 6,43,298.84 6,60,209.46 7,69,107.15 8,44,103.68
14 %Growth -15.17 2.63 16.49 9.75
15 %Share 0.03 0.03 0.03 0.02 0.03
16 TRADE BALANCE 187.97 135.19 174.35 134.48 138.03
17 India’s Trade Balance -1,37,694.93 -1,18,716.67 -1,08,504.60 -1,62,054.83 -1,83,964.40

Uruguay XXI

(598) 2915 3838

Visit Website

Rincón 518-528. Montevideo-Uruguay

Opportunities

Agricultural exports

    Beer made from malt (220300)

    agriexchange.apeda.gov.in

    Meat of bovine animals, fresh/chilled, boneless (020130)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
    Sweet biscuits (190531)

    agriexchange.apeda.gov.in

    BANANAS FRSH OR DRIED (080390)
    Other cane sugar: (170114)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)

    agriexchange.apeda.gov.in

    Crustaceans, frozen, shrimps and prawns, excluding cold-water varieties, in shell or not smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water (030617)
    Fish fillets; fresh or chilled, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tshawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic (Salmo salar), Danube (Hucho hucho) (030441)
    Fish preparations; fish minced or in forms n.e.c. in heading no. 1604, prepared or preserved (160420)
    Fish preparations; tunas, skipJack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) (160414)
    Fish; frozen, dogfish and other sharks excluding fillets, livers, roes, and other fish meat of heading 0304 (030381)

    fishexchange.mpeda.gov.in
Minerals

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Uruguay
  • Wool
  • Leather
  • Timbre
India's top export to Uruguay
  • Chemicals
  • Garments
  • Vehicles
  • Sound and image devices
  • Pharmaceuticals
  • Iron and steel
  • Synthetic yarn
  • Equipment and machinery

Bilateral Investors

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