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Uruguay — Market Overview

Americas>Uruguay

🇺🇾 Uruguay

Uruguay usually trades on credibility and resilience more than scale, with agriculture, services exports, and local policy stability doing most of the work in shaping valuations and macro confidence. The cleanest read usually comes from agricultural exports, inflation and rate policy, and whether demand from Brazil and Argentina stays supportive enough for domestic activity.

Carte régionale

Faits clés

Uruguay en un coup d'œil

Capital

Montevideo

Currency

Uruguayan Peso ($U)

Primary exchange

Bolsa de Valores de Montevideo

Central bank

Uruguay Central Bank

Region

Americas

Time zone

America/Montevideo

Country dashboard

Pourquoi ce marché compte

This first pass is built as a reusable country page instead of a static essay. The page now combines a stylized country map, a switchable line-chart explorer, and linked peer countries so users can move from Uruguay into the rest of the region without losing the macro frame.

Explorateur macro

Changez de variable, gardez le contexte du pays

GDP, inflation, labor, policy, and industrial activity are shown on a quarterly path from 2000 onward, while debt and the local equity benchmark come in when usable history exists. This keeps the page focused on fiscal room and macro regime while the broader official country pipeline keeps expanding.

Real GDP growth

Uruguay starter GDP-growth path anchored to sourced country profile readings; full official historical wiring is still pending.

0.0%2.0%4.0%6.0%201020112012201320142015201620172018201920202021202220232024
Cliquez sur une année pour zoomer à partir de ce point.

Variables disponibles

Real GDP growth

0.4%
Tendance 1 an-29.5%
Croissance moy.-4.0%

Ce que cela signale

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is lower by 29.5%, which points to a softer or less supportive backdrop on this measure. Across the displayed window, the broader trend is still downward.

Commerce et position extérieure

Exportations, services et balance extérieure

Plutôt qu'un mur générique de cartes macro, cette section se concentre sur la manière dont le pays attire la demande étrangère, où se situe son avantage commercial et comment évolue sa balance extérieure.

Échanges totaux Uruguay$U42,5 Md
Biens
Services
Biens
Services
Exportation$U23,3 Md
$U19,2 MdImportation
Balance extérieure2024
Exportations +$U23,3 Md
Importations -$U19,2 Md
Solde+$U4,1 Md
$U23,3 Md
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Uruguay is capturing across both physical products and higher-value intangible flows.

$U10,2 Md
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

$U7,1 Md
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Uruguay is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composition des échanges

Ce que le pays exporte

Partenaires commerciaux

Où le pays commerce

Prisme des matières premières

Exposition aux matières premières

Trade openness52.5%

Trade in goods and services equaled 52.5% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Services share of exports30.5%

Services represented 30.5% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.

Manufactures share18.9%

Manufactures accounted for 18.9% of merchandise exports in 2024.

Fuel share1.3%

Fuel exports accounted for 1.3% of merchandise exports in 2024, useful for reading commodity exposure.

Food share65.3%

Food exports accounted for 65.3% of merchandise exports in 2024, adding context on agricultural exposure.

Ce qu'il faut surveiller

Grille de lecture

01

agricultural exports

Uruguay should first be read through agricultural exports. When this regime shifts, local multiples and sector leadership usually shift with it.

02

policy credibility

The cleanest read usually comes from agricultural exports, inflation and rate policy, and whether demand from Brazil and Argentina stays supportive enough for domestic activity. That makes policy credibility one of the most important signals for revising the country narrative.

03

regional demand

The final layer is regional demand, because it determines whether the macro backdrop turns into sustainable earnings support for the Uruguay Market Index.

Autres pays

Poursuivez à travers Americas

Chaque carte ouvre le même modèle de pays avec sa propre carte, des variables macro permutables et une vue de référence. C'est le premier réseau lié de pages pays de la région.