Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Uruguay

Merchandise trade (% of GDP) in Uruguay in 2025 — 28.33%. Ranked 168 in the world out of 189. Since 1960, the indicator has risen by 0.4 pp.

2025 28.33% +0.66 pp vs 2024
World rank 168of 189
Period maximum 48.24%2008
Period minimum 15.31%1973

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Uruguay, 1960–2025020406019601967197419811988199520022009201620231960: 27.93%1962: 22.4%1964: 19.08%1966: 19.35%1968: 21.08%1970: 21.71%1972: 19.46%1974: 21.25%1976: 30.9%1978: 29.39%1980: 26.95%1982: 23.24%1984: 35.28%1986: 33.3%1988: 31.19%1990: 32.65%1992: 29.1%1994: 26.89%1996: 27.88%1998: 25.93%2000: 25.24%2002: 28.11%2004: 44.17%2006: 44.55%2008: 48.24%2010: 36.58%2012: 37.54%2014: 33.53%2016: 26.41%2018: 25.08%2020: 26.94%2022: 33.91%2024: 27.67%2025: 28.33%
Change over the period: +0.4 pp Annual average: 0.01 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Uruguay

Uruguay 28.33%
World 43.89%
South America computed 32.11%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Uruguay, by year Uruguay All countries CSV XLSX
Year % Change, pp
2025 28.33 +0.66 pp
2024 27.67 +0.26 pp
2023 27.4 −6.51 pp
2022 33.91 +1.22 pp
2021 32.69 +5.75 pp
2020 26.94 +1.34 pp
2019 25.6 +0.51 pp
2018 25.08 −0.06 pp
2017 25.15 −1.26 pp
2016 26.41 −3.37 pp
2015 29.78 −3.75 pp
2014 33.53 −0.24 pp
2013 33.76 −3.78 pp
2012 37.54 +0.52 pp
2011 37.02 +0.44 pp
2010 36.58 −1.06 pp
2009 37.64 −10.59 pp
2008 48.24 +5.6 pp
2007 42.63 −1.92 pp
2006 44.55 +2.5 pp
2005 42.05 −2.12 pp
2004 44.17 +7.67 pp
2003 36.49 +8.38 pp
2002 28.11 +3.61 pp
2001 24.5 −0.74 pp
2000 25.24 +1.92 pp
1999 23.32 −2.6 pp
1998 25.93 −0.99 pp
1997 26.92 −0.96 pp
1996 27.88 +2.11 pp
1995 25.77 −1.12 pp
1994 26.89 +0.43 pp
1993 26.46 −2.64 pp
1992 29.1 +0.17 pp
1991 28.93 −3.72 pp
1990 32.65 −0.53 pp
1989 33.18 +1.99 pp
1988 31.19 −0.45 pp
1987 31.64 −1.66 pp
1986 33.3 −0.87 pp
1985 34.17 −1.11 pp
1984 35.28 −0.65 pp
1983 35.93 +12.69 pp
1982 23.24 −2.61 pp
1981 25.85 −1.1 pp
1980 26.95 −0.82 pp
1979 27.77 −1.62 pp
1978 29.39 −3.13 pp
1977 32.52 +1.62 pp
1976 30.9 +4.33 pp
1975 26.57 +5.32 pp
1974 21.25 +5.93 pp
1973 15.31 −4.15 pp
1972 19.46 +3.96 pp
1971 15.5 −6.22 pp
1970 21.71 +1.91 pp
1969 19.81 −1.28 pp
1968 21.08 +0.43 pp
1967 20.65 +1.31 pp
1966 19.35 +1.26 pp
1965 18.09 −0.99 pp
1964 19.08 −3.13 pp
1963 22.21 −0.19 pp
1962 22.4 −2.55 pp
1961 24.95 −2.99 pp
1960 27.93

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.