As an agricultural-based economy, Uruguay's processed meat and dairy industries are well developed and have experienced significant expansion to supply foreign markets. This represents increasing opportunities for food ingredients for the industry that are not locally sourced or its production is insufficient to meet domestic demand.
Commodity-type products, nutritional foods and high-value products present good prospects for U.S. exports as well. These products mainly include spices and condiments, pastries, cookies, snack bars, sauces, dried fruits and nuts.
Market size is the main drawback when considering Uruguay as a destination for U.S. exports. However, there are opportunities for products that are not locally produced.