Uruguay’s trade deficit narrowed to $35.3 million in September 2025, from $124.4 million a year earlier. Exports grew 7.8% year-on-year to $1.14 billion, led by an 11.5% increase in manufacturing exports. Within the sector, sales of food and beverage products rose 5.8%, tobacco product exports increased 52%, and textile product sales climbed 84.4%. Exports of primary products grew 2%, as higher sales of forestry and wood extraction products (+16.5%) offset declines in other subsectors. Meanwhile, utility exports rose 2.4%. On the import side, purchases edged down 0.6% to $1.17 billion. Imports of intermediate goods recorded the largest decline, falling 5.7%, as purchases of oil and distillates dropped 53.3%. Imports of capital goods slipped 0.8%, amid an 8.4% decline in purchases of machinery and equipment. In contrast, imports of consumer goods rose 9.9%, driven by a 28.1% increase in vehicle purchases.