|1932 South American Basketball Championship|
|2nd South American Basketball Championship|
|Dates||29 April - 14 May|
(in 1 host city)
|Champions|| Uruguay |
Each team played the other two teams twice apiece, for a total of four games played by each team.
|Uruguay||21 - 19||Chile|
|Chile||14 - 13||Uruguay|
|Uruguay||31 - 25||Argentina|
|Argentina||13 - 18||Uruguay|
|Chile||27 - 24||Argentina|
|Argentina||19 - 21||Chile|
Uruguay's loss to Chile was its first defeat; nevertheless it took the top seed in the preliminary round.
As Uruguay and Chile finished level on points, a play-off match for the championship was required.
|Uruguay||42 - 28||Chile|
Uruguay won the final to claim its second South American title.