Uruguay paid 538 million dollars in duty for export throughout the year 2022, a figure that, although high compared to previous years, is attributed to the record of national placements during that year.
According to the latest monthly foreign trade report prepared by the government agency Uruguay XXIcorresponding to the current month of January, this is because the tariff burden follows a similar trend to that of the exports.
32% of the exports Uruguayan purchases of goods were made under one of the trade agreements that the country maintains, which if the income from products through quotas is added, that percentage reaches 36%.
At the same time, if the products that enter with a low zero tariff are also considered Most Favored Nation (MFN)58% of the assets of Uruguay They enter destinations with zero tariffs.
During the year 2022, Uruguay exported the record amount of 13,384 million dollars and paid duty for 538 million dollars, that is, just over 4% of the total exported.
Beef paid more than $305 million in tariffs during 2022
In the breakdown, the payment of duty by beef was 306.1 million dollars, leading the ranking of goods, followed by dairy products with 38 million dollars and soybeans, which completes the podium with 33.3 million dollars.
The main destinations that were paid duty were China, with 263.8 million dollars; the European Union (EU)with 73 million dollars; USAwith 46.3 million dollars; Japanwith 19 million dollars; Algeriawith 15.7 million dollars; Türkiyewith 15 million dollars; United Kingdom, with 11 million dollars; and Russia with 9 million dollars.
China, the United States and the EU represented 71% of the total duty subscribers, at the same time that they represented 49% of the exports during this period.
Source: Ambito
