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Uruguayan Trade Deficit Hits Record High in 1994

LADB Article ID: 56213
Category/Department: Uruguay
Date: 1995-03-16
By: LADB Staff

Uruguay's trade deficit grew by 21% in 1994, reaching a record high of nearly US$860 million, according to a Central Bank (Banco Central de Uruguay, BCU) report issued in February. Total income from exports reached US$1.914 billion in 1994, representing a healthy 16.3% increase compared with 1993, when export income totalled US$1.645 billion.

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