Uruguay - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Uruguay was 29.00 as of 2020. Its highest value over the past 60 years was 72.48 in 1962, while its lowest value was 22.42 in 2008.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 59.51
1961 70.24
1962 72.48
1963 68.57
1964 62.35
1965 62.51
1966 56.76
1967 60.56
1968 58.95
1969 59.90
1970 55.83
1971 55.81
1972 50.98
1973 42.58
1974 48.51
1975 60.02
1976 44.64
1977 48.33
1978 44.50
1979 42.05
1980 39.72
1981 40.15
1982 37.34
1983 31.75
1984 33.31
1985 32.88
1986 44.09
1987 43.77
1988 44.25
1989 40.93
1990 40.87
1991 41.67
1992 46.80
1993 43.59
1994 43.43
1995 43.54
1996 42.62
1997 43.36
1998 44.60
1999 43.82
2000 37.61
2001 37.45
2002 35.35
2003 29.57
2004 26.17
2005 24.71
2006 23.66
2007 24.13
2008 22.42
2009 24.88
2010 28.16
2011 29.85
2012 26.40
2013 29.65
2014 31.01
2015 33.93
2016 31.89
2017 33.08
2018 27.13
2019 28.39
2020 29.00

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.

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports