G/STR/N/20/URY  
21 March  2024 
(24-2438) Page: 1/6 
Working Party on State Trading Enterprises  Original:  Spanish  
 
  
STATE TRADING  
NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVII:4(A)  
OF THE GATT 1994 AND PARAGRAPH 1 OF THE UNDERSTANDING  
ON THE INTERPRETATION OF ARTICLE XVII  
URUGUAY  
The following communication, dated 14 March 2024 and received on 19 March 2024, is being 
circulated at the request of the delegation of Uruguay.  
 
_______________  
 
 
I. ENUMERATION OF STATE TRADING ENTERPRISES  
The only state enterprise covered by the provisions of Article XVII of the GATT 1994, in accordance 
with paragraph 1 of the Understanding on the Interpretation of Article XVII, is the Administración 
Nacional de Combustibles, Alcohol y Portland  (ANCAP).  
 
ANCAP  has a monopoly on the importation and refining of crude petroleum and its by -products, and 
also conducts other activities.  
 
II. REASON AND PURPOSE FOR ESTABLISHING AND MAINTAINING THE STATE 
TRADING ENTERPRISE  
The monopoly on petroleum and fuels derived from petroleum was established because they are 
deemed to be strategic products.  
 
The monopoly was created under the law setting up ANCAP (National Law No. 8764 of 
15 October  1931).  
 
III. DESCRIPTION OF THE FUNCTIONING OF THE STATE TRADING ENTERPRISE  
ANCAP is a state trading and industrial enterprise; its legal status is that of an autonomous body 
subject to the rules of public law, rather than private commercial law.  
 
The enterprise's Board of Directors, comprising five members, is appointed by the Executive with 
parliamentary approval.  
 
Since 1 July 2021, the Executive has approved the selling price of the various fuels produced by 
ANCAP, with delivery at each of its distribution plants, subject to a mandatory report by the Energy 
and Water Services Regulatory Authority (URSEA) and ANCAP.  
 
Imports or exports by third parties of products over which ANCAP has a monopoly are not permitted.  
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  The import volume of crude petroleum and its by -products is determined by domestic demand. The 
export volume of petroleum by -products depends on the competitiveness of the enterprise and the 
stocks available.  
 
On occasion, long -term contracts have been used for crude petroleum supplies.    
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IV. STATISTICAL INFORMATION  
TABLE I  
STATE TRADING: ADMINISTRACIÓN NACIONAL DE COMBUSTIBLES, ALCOHOL Y PORTLAND (ANCAP)  
STATISTICAL INFORMATION, IMPORTS  
Year Description of 
product(s)  
(including HS 
number(s))  Total quantity 
imported (*)  Quantity 
imported by 
state trading 
enterprise (*)  Average import 
price (**)  Average 
representative 
domestic sales 
price (**)  Mark -up National 
production 
(m3) 
 1 2 3 4 5 6 7 
2012  27.09  14,962,499.31  14,962,499.31  113.73  -- -- 0 
 27.10  1,064,146.06  1,064,146.06  805.51  974.69  -- 2,041,181.00  
 27.11  53,437.51  53,437.51  1,267.47  1,186.77  -- 140,894.00  
2013  27.09  15,659,397.00  15,659,397.00  113.25  -- -- 0 
 27.10  578,971.76  578,971.76  840.36  1,240.10  -- 2,178,159.00  
 27.11  43,404.24  43,404.24  1,268.58  1,232.21  -- 164,998.00  
2014  27.09  12,609,177.69  12,609,177.69  102.72  -- -- 0 
 27.10  371,014.34  371,014.34  856.85  1,387.76  -- 2,081,230.00  
 27.11  45,190.54  45,190.54  1,085.62  1,203.19  -- 148,923.00  
2015  27.09  14,088,851.69  14,088,851.69  54.75  -- -- 0 
 27.10  367,069.24  367,069.24  587.68  1,144.16  -- 2,056,410.00  
 27.11  42,372.14  42,372.14  765.69  1,045.77  -- 147,202.00  
2016  27.09  14,644,890.00  14,644,890.00  46.21  -- -- 0 
 27.10  119,636.33  119,636.33  383.92  1,136.52  -- 2,333,429.00  
 27.11  38,213.13  38,213.13  538.62  981.39  -- 175,294.00  
2017  27.09  3,831,179.00  3,831,179.00  62.16  -- -- 0 
 27.10  1,454,799.77  1,454,799.77  464.94  1,319.95  -- 693,873.00  
 27.11  94,623.56  94,623.56  609.47  1,100.46  -- 41,630.00  
2018  27.09  15,856,315.00  15,856,315.00  74.93  -- -- 0 
 27.10  34,479.32  34,479.32  636.20  1,292.96  -- 2,308,536.00  
 27.11  23,170.46  23,170.46  844.97  1,184.64  -- 191,279.00  
2019  27.09  15,029,655.10  15,029,655.10  66.18  -- -- 0 
27.10  2,418.35  2,418.35  806.05  1,223.13  -- 2,231,239.00  
 27.11  24,170.07  24,170.07  627.11  1,123.40  -- 183,336.00  
2020  27.09  14,896,535.03  14,896,535.03  49.55  -- -- 0 
 27.10  167,520.08  167,520.08  348.55  977.44  -- 2,158,734.00  
 27.11  39,184.07  39,184.07  516.00  931.45  -- 173,082.00    
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Year Description of 
product(s)  
(including HS 
number(s))  Total quantity 
imported (*)  Quantity 
imported by 
state trading 
enterprise (*)  Average import 
price (**)  Average 
representative 
domestic sales 
price (**)  Mark -up National 
production 
(m3) 
2021  27.09  15,223,980.34  15,223,980.34  71.72  -- -- 0 
 27.10  361,673.21  361,673.21  543.36  951.41  -- 2,447,750.00  
 27.11  23,158.26  23,158.26  815.38  1,049.15  -- 197,770.00  
2022  27.09  15,709,571.49  15,709,571.49  103.66  -- -- 0 
 27.10  341,395.40  341,395.40  844.24  1,237.62  -- 2,669,027.00  
 27.11  40,208.88  40,208.88  887.26  1,358.70  -- 173,656.00  
2023  27.09  10,099,451.12  10,099,451.12  84.77  -- -- 0 
 27.10  946,154.41  946,154.41  759.04  1,225.57  -- 1,805,434.00  
 27.11  53,932.37  53,932.37  616.88  1,130.75  -- 128,381.00  
Statistical information for column 6 is reported under columns 4 and 5.  
(*) In columns 2 and 3, item 27.09 is expressed in bbl. (barrels), item 27.10 in m3 (cubic metres) and item 27.11 in MT (metric tonnes).  
(**) In columns 4 and 5, 27.09 is expressed in USD/bbl., item 27.10 in USD/m3 and item 27.11 in USD/MT.    
  G/STR/N/20/URY  
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TABLE II  
STATE TRADING: ADMINISTRACIÓN NACIONAL DE COMBUSTIBLES, ALCOHOL Y PORTLAND (ANCAP)  
STATISTICAL INFORMATION, EXPORTS  
Year Description of 
product(s)  
(including HS 
number(s))  Total quantity 
exported (*)  Quantity exported 
by state trading 
enterprise (*)  Average 
procurement 
price  
(reported by 
the 
enterprise)  Average 
representative 
domestic sales price 
(**) Average export 
price (**)  National 
production 
(m3) 
 1 2 3 4 5 6 7 
2012  27.10  590,761.00  590,761.00  --- 974.69  799.21  2,041,181.00  
 27.11  --- --- --- 1,186.77  --- 140,894.00  
2013  27.10  469,661.00  469,661.00  --- 1,240.10  775.67  2,178,159.00  
 27.11  --- --- --- 1,232.21  --- 164,998.00  
2014  27.10  476,876.00  476,876.00  --- 1,387.76  751.80  2,081,230.00  
 27.11  --- --- --- 1,203.19  --- 148,923.00  
2015  27.10  446,409.00  446,409.00  --- 1,144.16  461.85  2,056,410.00  
 27.11  --- --- --- 1,045.77  --- 147,202.00  
2016  27.10  418,176.00  418,176.00  --- 1,136.52  370.02  2,333,429.00  
 27.11  --- --- --- 981.39  --- 175,294.00  
2017  27.10  322,580.00  322,580.00  --- 1,319.95  487.61  693,873.00  
 27.11  --- --- --- 1,100.46  --- 41,630.00  
2018  27.10  385,295.00  385,295.00  --- 1,292.96  588.47  2,308,536.00  
 27.11  --- --- --- 1,184.64  --- 191,279.00  
2019  27.10  409,169.00  409,169.00  --- 1,223.13  524.62  2,231,239.00  
 27.11  801.00  801.00  --- 1,123.40  396.40  183,336.00  
2020  27.10  319,642.00  319,642.00  --- 977.44  405.29  2,158,734.00  
 27.11  855.08  855.08  --- 931.45  367.18  173,082.00  
2021  27.10  326,535.00  326,535.00  --- 951.41  525.87  2,447,750.00  
 27.11  2,960.00  2,960.00  --- 1,049.15  700.18  197,770.00  
2022  27.10  350,676.00  350,676.00  --- 1,237.62  911.19  2,669,027.00  
 27.11  620.00  620.00  --- 1,358.70  741.78  173,656.00  
2023  27.10  372,724.00  372,724.00  --- 1,225.57  777.30  1,805,434.00  
 27.11  578.00  578.00  --- 1,130.75  589.59  128,381.00  
(*) In columns 2 and 3, item 27.10 is expressed in m3 (cubic metres) and item 27.11 in MT (metric tonnes). Includes exports and sales to free zone and bunker.  
(**) In columns 5 and 6, item 27.10 is expressed in USD/m3 and item 27.11 in USD/MT.  
  G/STR/N/20/URY  
 
- 6 - TABLE III  
STATE TRADING: ADMINISTRACIÓN NACIONAL DE COMBUSTIBLES, ALCOHOL Y PORTLAND (ANCAP)  
STATISTICAL INFORMATION, DOMESTIC ACTIVITIES  
Year Description of product(s) 
(including HS  number(s))  Domestic purchases by 
state trading enterprise  National production (m3) Domestic sales by state 
trading enterprise  National 
consumption (m3) 
 1 2 3 4 5 
2012  27.10  - - - 2,041,181.00  2,651,816.00  2,651,816.00  
 27.11  - - - 140,894.00  228,100.00  228,100.00  
2013  27.10  - - - 2,178,159.00  2,192,898.00  2,192,898.00  
 27.11  - - - 164,998.00  242,400.00  242,400.00  
2014  27.10  - - - 2,081,230.00  1,896,788.00  1,896,788.00  
 27.11  - - - 148,923.00  232,800.00  232,800.00  
2015  27.10  - - - 2,056,410.00  1,964,000.00  1,964,000.00  
 27.11  - - - 147,202.00  224,400.00  224,400.00  
2016  27.10  - - - 2,333,429.00  1,880,438.00  1,880,438.00  
 27.11  - - - 175,294.00  247,100.00  247,100.00  
2017  27.10  - - - 693,873.00  1,861,246.00  1,861,246.00  
 27.11  - - - 41,630.00  224,700.00  224,700.00  
2018  27.10  - - - 2,308,536.00  1,915,775.00  1,915,775.00  
 27.11  - - - 191,279.00  232,200.00  232,200.00  
2019  27.10  - - - 2,231,239.00  1,864,431.00  1,864,431.00  
 27.11  - - - 183,336.00  231,400.00  231,400.00  
2020  27.10  - - - 2,158,734.00  1,944,455.31  1,944,455.31  
 27.11  - - - 173,082.00  239,207.49  239,207.49  
2021  27.10  - - - 2,447,750.00  2,405,030.16  2,405,030.16  
 27.11  - - - 197,770.00  238,110.29  238,110.29  
2022  27.10  - - - 2,669,027.00  2,285,234.99  2,285,234.99  
 27.11  - - - 173,656.00  237,558.00  237,558.00  
2023  27.10  - - - 1,805,434.00  2,192,183.76  2,192,183.76  
 27.11  - - - 128,381.00  219,638.33  219,638.33  
 
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