India and Uruguay support each other on major international issues including India´s candidature to various UN and multilateral bodies
US$180 m is the value of Uruguay's imports from India
Uruguay is one of the more stable and transparent markets in Latin America
The Embassy of India in Buenos Aires, Argentina, is concurrently accredited to Uruguay
US$ 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
Source: Department of Commerce
Beer made from malt (220300)
agriexchange.apeda.gov.inMeat of bovine animals, fresh/chilled, boneless (020130)
Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
Sweet biscuits (190531)
BANANAS FRSH OR DRIED (080390)
Other cane sugar: (170114)
Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)
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)
Export: US$ 0.2 million
us2.datamyneExport: US$ 25 million in 2019
datamyne.comHere are the leading sectors of opportunities for foreign investors
TCS - IT Global Delivery Center
Geodisc - Software
Arcelor Mittal - Production of stainless steel
Grupo Ras - Warehousing facilities in Uruguay
Driven by increasing innovation, R&D and manufacturing capabilities as well …
Read MoreThe Indian Institute of Technology Delhi (IIT-D) is inviting foreign …
Read MoreIndia has traditionally been an active supporter and campaigner for …
Read More