Merchandise exports to low- and middle-income economies in Latin in Uruguay
Uruguay: Merchandise exports to low- and middle-income economies in Latin was 37.8% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Uruguay, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Uruguay is 37.8%, measured in 2023.
That represents a change of up 5.6% on the previous year and up 5.1% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Uruguay peaked at 59.8% in 1998 and was at its lowest, 3.2%, in 1960.
That places Uruguay 6th out of 203 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Uruguay, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 3.2% | — |
| 1961 | 3.4% | +5.3% |
| 1962 | 6.5% | +93.8% |
| 1963 | 9.4% | +44.9% |
| 1964 | 11.1% | +17.7% |
| 1965 | 8.6% | -22.1% |
| 1966 | 14.1% | +63.7% |
| 1967 | 10.8% | -23.5% |
| 1968 | 9.0% | -17.1% |
| 1969 | 14.9% | +66.6% |
| 1970 | 13.4% | -10.2% |
| 1971 | 20.6% | +53.9% |
| 1972 | 10.4% | -49.4% |
| 1973 | 11.1% | +6.4% |
| 1974 | 39.0% | +250.8% |
| 1975 | 31.3% | -19.7% |
| 1976 | 22.1% | -29.3% |
| 1977 | 27.3% | +23.5% |
| 1978 | 29.4% | +7.4% |
| 1979 | 39.9% | +36.0% |
| 1980 | 38.2% | -4.3% |
| 1981 | 27.2% | -28.9% |
| 1982 | 31.9% | +17.3% |
| 1983 | 24.5% | -23.0% |
| 1984 | 26.9% | +9.9% |
| 1985 | 29.3% | +8.8% |
| 1986 | 40.2% | +37.0% |
| 1987 | 31.6% | -21.2% |
| 1988 | 29.7% | -6.0% |
| 1989 | 39.4% | +32.4% |
| 1990 | 42.4% | +7.6% |
| 1991 | 41.5% | -2.0% |
| 1992 | 39.4% | -5.2% |
| 1993 | 49.7% | +26.3% |
| 1994 | 52.9% | +6.3% |
| 1995 | 51.4% | -2.8% |
| 1996 | 52.2% | +1.6% |
| 1997 | 53.9% | +3.3% |
| 1998 | 59.8% | +10.9% |
| 1999 | 50.4% | -15.7% |
| 2000 | 51.2% | +1.5% |
| 2001 | 48.2% | -5.9% |
| 2002 | 39.3% | -18.5% |
| 2003 | 37.6% | -4.4% |
| 2004 | 33.7% | -10.4% |
| 2005 | 31.5% | -6.5% |
| 2006 | 31.6% | +0.3% |
| 2007 | 38.3% | +21.5% |
| 2008 | 38.1% | -0.6% |
| 2009 | 40.2% | +5.5% |
| 2010 | 42.8% | +6.4% |
| 2011 | 40.9% | -4.3% |
| 2012 | 38.1% | -6.9% |
| 2013 | 36.0% | -5.5% |
| 2014 | 35.9% | -0.3% |
| 2015 | 34.1% | -5.0% |
| 2016 | 39.2% | +15.1% |
| 2017 | 35.9% | -8.3% |
| 2018 | 33.7% | -6.2% |
| 2019 | 31.9% | -5.4% |
| 2020 | 33.7% | +5.9% |
| 2021 | 33.2% | -1.5% |
| 2022 | 35.8% | +7.8% |
| 2023 | 37.8% | +5.6% |
Uruguay compared with similar countries
- Uruguay's 37.8% is above the median for high income countries, which is 1.7%, 22.3× the median. (74 countries reporting)
- Uruguay's 37.8% is above the median for Latin America & Caribbean, which is 14.5%, 2.6× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin in Uruguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +250.8% | 11.1% | 39.0% |
| 1962 | +93.8% | 3.4% | 6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.1% | 3.2% | 14.9% | 10 |
| 1970s | 24.5% | 10.4% | 39.9% | 10 |
| 1980s | 31.9% | 24.5% | 40.2% | 10 |
| 1990s | 49.3% | 39.4% | 59.8% | 10 |
| 2000s | 39.0% | 31.5% | 51.2% | 10 |
| 2010s | 36.8% | 31.9% | 42.8% | 10 |
| 2020s | 35.1% | 33.2% | 37.8% | 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 low- and middle-income economies in latin in Uruguay?
- Merchandise exports to low- and middle-income economies in latin in Uruguay was 37.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Uruguay?
- The highest recorded value was 59.8% in 1998.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Uruguay?
- The lowest recorded value was 3.2% in 1960.
- How does Uruguay rank for merchandise exports to low- and middle-income economies in latin?
- Uruguay ranks 6th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Uruguay?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this Uruguay data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.