Uruguay | Merchandise exports to high-income economies (% of total merchandise exports)
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. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Eastern Republic of Uruguay
Records
63
Source
Uruguay | Merchandise exports to high-income economies (% of total merchandise exports)
1960 84.09266409
1961 83.87837063
1962 74.69015003
1963 81.79068361
1964 81.09313999
1965 81.59958181
1966 78.08807734
1967 79.64713296
1968 84.21052632
1969 76.07408517
1970 71.14604091
1971 67.53801727
1972 79.07615551
1973 76.68493543
1974 49.91953906
1975 57.06753775
1976 63.42586647
1977 58.29782051
1978 59.79496487
1979 54.43038617
1980 46.84018135
1981 48.03642443
1982 44.59382223
1983 44.09373798
1984 51.79253341
1985 50.76949239
1986 48.9707142
1987 56.54019297
1988 47.56171676
1989 44.71366294
1990 43.79427941
1991 47.00278246
1992 51.21452167
1993 41.41886775
1994 39.10403557
1995 37.97759824
1996 38.49389194
1997 35.85413865
1998 32.86240168
1999 38.34771875
2000 37.98991577
2001 38.795386
2002 42.44408829
2003 46.74157242
2004 51.10156364
2005 51.47708521
2006 44.66088332
2007 41.32612247
2008 32.21980874
2009 27.21952171
2010 25.46500021
2011 25.79832055
2012 23.79355201
2013 22.81063186
2014 22.74070515
2015 26.30427233
2016 26.68951298
2017 23.33634039
2018 22.96383537
2019 19.37454189
2020 23.12122062
2021
2022
Uruguay | Merchandise exports to high-income economies (% of total merchandise exports)
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. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Eastern Republic of Uruguay
Records
63
Source