Uruguay’s trade balance swung to a surplus of $2 million in February 2026, a sharp improvement from a $168.6 million deficit in the same month a year earlier. Exports climbed 12.4% to $917 million, supported by a 6.5% increase in livestock and animal products and a 52.4% surge in vegetal products. Imports declined 7% to $915 million, as reduced purchases of capital goods (-35.9%) and intermediate goods (-0.6%) more than offset a 0.7% uptick in consumer goods imports.