Uruguay - Trade Openness 2020
47.73%
−2.01% from 2019
Uruguay's trade openness was 47.73% in 2020, decreased +2.01% from 49.74% in 2019. This was the 46th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 9.96% | -61.9% |
| 2nd | Cuba | 15.68% | -31.3% |
| 3rd | United States | 23.40% | -11.5% |
| 4th | Bangladesh | 26.27% | -16.8% |
| 5th | Pakistan | 26.72% | -7.6% |
| 6th | Tanzania | 27.96% | -15.3% |
| 7th | Argentina | 30.20% | -7.4% |
| 8th | Kenya | 30.40% | -4.3% |
| 9th | Sierra Leone | 30.61% | -18.5% |
| 10th | Japan | 31.34% | -11.0% |
| 11th | Egypt, Arab Republic of | 32.13% | -21.9% |
| 12th | Brazil | 32.30% | 11.8% |
| 13th | Indonesia | 32.97% | -12.4% |
| 14th | Comoros | 33.73% | -20.2% |
| 15th | Cameroon | 33.74% | -22.2% |
| 16th | China | 34.04% | -3.3% |
| 17th | Colombia | 34.06% | -9.3% |
| 18th | Niger | 35.51% | -4.3% |
| 19th | Turkmenistan | 35.94% | -18.9% |
| 20th | Uganda | 37.00% | -6.0% |
| 21st | Sri Lanka | 37.09% | -25.0% |
| 22nd | Haiti | 37.41% | -16.1% |
| 23rd | Bolivia, Plurinational State of | 37.52% | -18.1% |
| 24th | India | 37.76% | -5.4% |
| 25th | Zimbabwe | 40.18% | -12.9% |
| 26th | Algeria | 40.39% | -13.2% |
| 27th | Chad | 40.64% | -12.9% |
| 28th | Nepal | 40.92% | -16.9% |
| 29th | Malawi | 41.03% | -7.2% |
| 30th | Guatemala | 41.14% | -9.6% |
| 31st | Côte d'Ivoire | 41.94% | -6.1% |
| 32nd | Guinea-Bissau | 42.89% | -14.1% |
| 33rd | Iran, Islamic Republic of | 43.88% | -9.7% |
| 34th | New Zealand | 43.98% | -19.2% |
| 35th | Ecuador | 43.99% | -8.5% |
| 36th | Peru | 44.25% | -5.7% |
| 37th | Australia | 44.50% | -3.3% |
| 38th | Dominican Republic | 44.73% | -12.1% |
| 39th | Syrian Arab Republic | 44.82% | 6.7% |
| 40th | Benin | 44.83% | -29.6% |
| 41st | French Polynesia | 45.83% | -27.6% |
| 42nd | Russian Federation | 45.97% | -6.6% |
| 43rd | Afghanistan | 46.71% | - |
| 44th | Gambia, The | 47.40% | -15.4% |
| 45th | Saudi Arabia | 47.53% | -16.3% |
| 46th | Uruguay | 47.73% | -4.0% |
| 47th | Madagascar | 49.01% | -21.7% |
| 48th | Central African Republic | 49.52% | -1.1% |
| 49th | Lebanon | 50.13% | -20.4% |
| 50th | South Africa | 50.76% | -5.8% |
| 51st | Libya | 50.98% | -35.5% |
| 52nd | Israel | 51.24% | -9.0% |
| 53rd | Bahamas, The | 53.42% | -22.3% |
| 54th | Italy | 53.94% | -8.1% |
| 55th | Angola | 54.34% | -10.5% |
| 56th | New Caledonia | 54.58% | -6.2% |
| 57th | Togo | 55.07% | -2.3% |
| 58th | Rwanda | 55.19% | -4.8% |
| 59th | Tajikistan | 55.75% | -0.5% |
| 60th | Mali | 56.04% | 3.8% |
| 61st | Uzbekistan | 56.05% | -13.7% |
| 62nd | Kazakhstan | 57.03% | -12.1% |
| 63rd | Iraq | 57.74% | -16.3% |
| 64th | Philippines | 58.17% | -15.5% |
| 65th | Chile | 58.18% | 1.0% |
| 66th | France | 58.84% | -11.4% |
| 67th | United Kingdom | 59.16% | -9.0% |
| 68th | Spain | 59.45% | -10.4% |
| 69th | Albania | 59.52% | -21.0% |
| 70th | Senegal | 60.05% | -6.5% |
| 71st | Costa Rica | 60.14% | -8.5% |
| 72nd | Solomon Islands | 60.22% | -27.4% |
| 73rd | Türkiye | 60.39% | -3.5% |
| 74th | Burkina Faso | 60.74% | 0.5% |
| 75th | Congo, Democratic Republic of | 61.03% | 0.2% |
| 76th | Canada | 61.16% | -7.6% |
| 77th | Paraguay | 62.76% | -11.9% |
| 78th | Guam | 63.67% | -18.4% |
| 79th | Norway | 65.35% | -7.8% |
| 80th | Korea | 65.54% | -8.3% |
| 81st | Jordan | 66.06% | -22.9% |
| 82nd | El Salvador | 66.46% | -12.6% |
| 83rd | Ghana | 66.58% | -13.3% |
| 84th | West Bank and Gaza | 67.29% | -2.5% |
| 85th | Iceland | 68.66% | -18.1% |
| 86th | Panama | 68.70% | -14.6% |
| 87th | Morocco | 68.84% | -9.4% |
| 88th | Bermuda | 69.19% | -10.8% |
| 89th | Congo, Republic of | 69.31% | -24.3% |
| 90th | Vanuatu | 69.91% | -29.7% |
| 91st | Gabon | 70.11% | -4.5% |
| 92nd | Armenia | 70.12% | -28.3% |
| 93rd | Greece | 70.29% | -12.8% |
| 94th | Bhutan | 71.83% | -5.6% |
| 95th | Azerbaijan | 72.02% | -16.1% |
| 96th | Finland | 72.18% | -10.4% |
| 97th | Germany | 72.93% | -7.8% |
| 98th | Kosovo | 75.61% | -11.8% |
| 99th | Somalia, Fed. Rep. | 75.70% | 7.7% |
| 100th | Portugal | 76.51% | -11.8% |
| 101st | Mexico | 76.85% | -0.8% |
| 102nd | Namibia | 76.93% | -7.2% |
| 103rd | Samoa | 77.48% | -7.0% |
| 104th | Botswana | 77.66% | -6.5% |
| 105th | Equatorial Guinea | 77.93% | -17.9% |
| 106th | Romania | 78.36% | -7.7% |
| 107th | Cabo Verde | 78.39% | -24.3% |
| 108th | Kiribati | 78.41% | -20.3% |
| 109th | Northern Mariana Islands | 78.98% | -24.6% |
| 110th | Kyrgyz Republic | 78.99% | -16.3% |
| 111th | Ukraine | 79.16% | -12.5% |
| 112th | Zambia | 79.21% | 15.1% |
| 113th | Moldova | 79.27% | -9.5% |
| 114th | Belize | 81.64% | -20.3% |
| 115th | Tonga | 81.85% | -7.0% |
| 116th | Kuwait | 82.01% | -10.6% |
| 117th | Bosnia and Herzegovina | 82.52% | -12.7% |
| 118th | Greenland | 82.66% | -10.3% |
| 119th | European Union | 83.82% | -7.4% |
| 120th | Eswatini | 84.01% | -3.0% |
| 121st | Tunisia | 84.33% | -17.6% |
| 122nd | Sweden | 84.47% | -8.9% |
| 123rd | Timor-Leste | 84.75% | 20.0% |
| 124th | Micronesia, Federated States of | 85.01% | -11.2% |
| 125th | Mauritania | 86.78% | -7.2% |
| 126th | Montenegro | 87.86% | -20.1% |
| 127th | Honduras | 88.00% | -11.5% |
| 128th | Nicaragua | 88.64% | -5.7% |
| 129th | Croatia | 89.55% | -11.7% |
| 130th | Qatar | 90.02% | 0.0% |
| 131st | Oman | 91.88% | 6.2% |
| 132nd | Georgia | 92.89% | -21.2% |
| 133rd | Antigua and Barbuda | 94.29% | -31.4% |
| 134th | Faroe Islands | 96.22% | -11.4% |
| 135th | Thailand | 97.80% | -10.8% |
| 136th | Poland | 99.26% | -2.3% |
| 137th | Mozambique | 99.91% | -5.4% |
| 138th | Austria | 99.95% | -7.6% |
| 139th | Serbia | 100.32% | -6.7% |
| 140th | Palau | 103.35% | -10.5% |
| 141st | Puerto Rico (US) | 103.51% | -3.8% |
| 142nd | Denmark | 104.43% | -6.7% |
| 143rd | Cayman Islands | 105.47% | -8.2% |
| 144th | Marshall Islands | 107.83% | -29.5% |
| 145th | Brunei Darussalam | 110.29% | 1.6% |
| 146th | Bulgaria | 110.42% | -11.8% |
| 147th | Mongolia | 112.84% | -9.3% |
| 148th | Virgin Islands (US) | 113.60% | -26.9% |
| 149th | Maldives | 114.36% | -16.6% |
| 150th | Guinea | 115.77% | 47.6% |
| 151st | Malaysia | 116.79% | -5.1% |
| 152nd | Belarus | 118.93% | -9.1% |
| 153rd | Mauritius | 121.13% | -5.3% |
| 154th | Switzerland | 121.79% | -1.9% |
| 155th | Cambodia | 122.11% | 5.5% |
| 156th | Aruba | 122.72% | -11.0% |
| 157th | Macao SAR, China | 123.43% | 7.1% |
| 158th | Latvia | 123.88% | -1.1% |
| 159th | North Macedonia | 128.24% | -7.5% |
| 160th | Czechia | 128.78% | -6.8% |
| 161st | Nauru | 134.98% | -13.4% |
| 162nd | Bahrain | 135.46% | 0.0% |
| 163rd | Lithuania | 135.80% | -8.5% |
| 164th | Estonia | 137.39% | -2.1% |
| 165th | Lesotho | 141.10% | 0.4% |
| 166th | Slovenia | 147.55% | -7.8% |
| 167th | Netherlands | 152.23% | -5.3% |
| 168th | Seychelles | 153.48% | -11.5% |
| 169th | American Samoa | 154.37% | -1.4% |
| 170th | Hungary | 154.53% | -3.4% |
| 171st | Belgium | 156.95% | -5.1% |
| 172nd | Cyprus | 160.67% | 6.8% |
| 173rd | Viet Nam | 163.25% | -0.9% |
| 174th | Slovak Republic | 167.53% | -8.8% |
| 175th | United Arab Emirates | 181.29% | 10.7% |
| 176th | Djibouti | 225.74% | -29.7% |
| 177th | Malta | 242.36% | 4.0% |
| 178th | Ireland | 258.78% | 0.4% |
| 179th | San Marino | 304.90% | -0.8% |
| 180th | Singapore | 332.04% | 2.4% |
| 181st | Hong Kong SAR, China | 350.68% | -0.9% |
| 182nd | Luxembourg | 375.58% | -1.9% |
FAQ
What was Uruguay's trade openness in 2020?▾
Uruguay's trade openness in 2020 was 47.73%. This ranked 46th globally.
How did Uruguay's trade openness change in 2020?▾
Uruguay's trade openness decreased by 4.0% in 2020 compared to 2019.
Which country had the highest trade openness in 2020?▾
Luxembourg had the highest trade openness in 2020 at 375.58%.
What is the trade openness of Uruguay in 2020?▾
The trade openness of Uruguay in 2020 was 47.73%. This ranked 46th globally.
How does 2020 compare to 2019 for Uruguay's trade openness?▾
Uruguay's trade openness went from 49.74% in 2019 to 47.73% in 2020, a 4.0% decrease.
HistorySaid - pattern alert
Uruguay matched the Stagflation Risk pattern in 2020. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 9.1%. View full analysis →
Related
2019
2021
All years
Full ranking 2020
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2008
Lowest: 1973
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Northern Mariana Islands
vs Latvia
vs Hungary
vs Curaçao
Mercosur Trade Openness
Global Ranking