Merchandise exports to high-income economies in Uruguay
Uruguay: Merchandise exports to high-income economies was 31.0% in 2023. ▼ Falling
Merchandise exports to high-income economies in Uruguay, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to high-income economies in Uruguay stood at 31.0%.
Compared with earlier readings it is up 16.6% on the previous year and down 0.4% over ten years.
Over the whole period, merchandise exports to high-income economies in Uruguay peaked at 92.8% in 1961 and was at its lowest, 23.9%, in 2021.
That places Uruguay 178th out of 206 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Uruguay, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 91.5% | — |
| 1961 | 92.8% | +1.4% |
| 1962 | 89.7% | -3.3% |
| 1963 | 89.1% | -0.7% |
| 1964 | 87.2% | -2.1% |
| 1965 | 88.7% | +1.7% |
| 1966 | 84.6% | -4.6% |
| 1967 | 87.5% | +3.4% |
| 1968 | 90.7% | +3.7% |
| 1969 | 83.0% | -8.5% |
| 1970 | 82.9% | -0.2% |
| 1971 | 73.8% | -11.0% |
| 1972 | 87.0% | +17.9% |
| 1973 | 86.6% | -0.5% |
| 1974 | 57.4% | -33.7% |
| 1975 | 62.6% | +9.1% |
| 1976 | 66.4% | +6.0% |
| 1977 | 63.0% | -5.0% |
| 1978 | 64.4% | +2.1% |
| 1979 | 57.0% | -11.4% |
| 1980 | 51.5% | -9.7% |
| 1981 | 53.7% | +4.2% |
| 1982 | 50.5% | -6.0% |
| 1983 | 48.9% | -3.1% |
| 1984 | 57.3% | +17.2% |
| 1985 | 55.5% | -3.2% |
| 1986 | 51.7% | -6.8% |
| 1987 | 60.3% | +16.7% |
| 1988 | 52.6% | -12.9% |
| 1989 | 48.3% | -8.0% |
| 1990 | 48.0% | -0.7% |
| 1991 | 49.8% | +3.8% |
| 1992 | 52.7% | +5.7% |
| 1993 | 43.2% | -18.0% |
| 1994 | 40.3% | -6.7% |
| 1995 | 38.8% | -3.8% |
| 1996 | 39.5% | +1.9% |
| 1997 | 36.9% | -6.7% |
| 1998 | 33.5% | -9.0% |
| 1999 | 39.6% | +18.0% |
| 2000 | 38.7% | -2.4% |
| 2001 | 39.5% | +2.2% |
| 2002 | 43.8% | +10.8% |
| 2003 | 48.9% | +11.6% |
| 2004 | 53.7% | +9.9% |
| 2005 | 54.5% | +1.4% |
| 2006 | 51.5% | -5.5% |
| 2007 | 46.0% | -10.7% |
| 2008 | 43.1% | -6.2% |
| 2009 | 37.5% | -13.2% |
| 2010 | 36.2% | -3.4% |
| 2011 | 35.8% | -1.1% |
| 2012 | 34.2% | -4.4% |
| 2013 | 31.1% | -9.1% |
| 2014 | 31.8% | +2.1% |
| 2015 | 34.4% | +8.4% |
| 2016 | 34.9% | +1.4% |
| 2017 | 29.5% | -15.5% |
| 2018 | 29.4% | -0.5% |
| 2019 | 26.6% | -9.5% |
| 2020 | 28.8% | +8.2% |
| 2021 | 23.9% | -16.9% |
| 2022 | 26.6% | +11.1% |
| 2023 | 31.0% | +16.6% |
Uruguay compared with similar countries
- Uruguay's 31.0% is below the median for high income countries, which is 80.7%, 38% of the median. (74 countries reporting)
- Uruguay's 31.0% is below the median for Latin America & Caribbean, which is 66.4%, 47% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 88.5% | 83.0% | 92.8% | 10 |
| 1970s | 70.1% | 57.0% | 87.0% | 10 |
| 1980s | 53.0% | 48.3% | 60.3% | 10 |
| 1990s | 42.2% | 33.5% | 52.7% | 10 |
| 2000s | 45.7% | 37.5% | 54.5% | 10 |
| 2010s | 32.4% | 26.6% | 36.2% | 10 |
| 2020s | 27.5% | 23.9% | 31.0% | 4 |
Countries ranked near Uruguay
More private sector data for Uruguay
- Merchandise trade 28.3% (2025)
- Food imports 14.1% (2024)
- Manufactures imports 69.6% (2024)
- Merchandise imports 12.95 billion current US$ (2025)
- Food exports 65.3% (2024)
- Manufactures exports 18.9% (2024)
- Merchandise exports 11.23 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,318 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.53 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Uruguay?
- Merchandise exports to high-income economies in Uruguay was 31.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Uruguay?
- The highest recorded value was 92.8% in 1961.
- What is the lowest merchandise exports to high-income economies recorded in Uruguay?
- The lowest recorded value was 23.9% in 2021.
- How does Uruguay rank for merchandise exports to high-income economies?
- Uruguay ranks 178th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Uruguay?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is falling.
- Where does this Uruguay data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.