Exports in Uruguay

Uruguay Exports | Economic News & Forecasts

Uruguay - Exports

GDP growth lost some momentum in Q4 2021, predominately due to a fading base effect, as economic output rose robustly in sequential terms. In Q4, annual fixed investment and government spending growth lost momentum, which weighed on domestic demand dynamics. That said, household spending expanded at a quicker pace, while exports of goods and services also grew at a faster rate. Turning to Q1 2022, economic growth is expected to gain steam, as healthy merchandise export growth should be supporting the external sector. Moreover, ebbing Covid-19 activity and the subsequent rollback of restrictions should be stoking private consumption and investment activity. That being said, industrial production growth moderated somewhat in January, while the unemployment rate averaged higher in January–February, likely capping growth momentum in Q1.

Uruguay - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)11.1  10.4  11.1  11.5  11.5  

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Uruguay Facts

Value Change Date
Exchange Rate37.330.24 %Jan 01

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