On this page you will find beneficial information regarding foreign direct investment in / trading with Uruguay. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Republic
Population: 3.426 million (2021)
GDP: 59.32 billion USD (2021)
Corporate Tax Rate: 25% - 32%
Personal Income Tax Rate: 10% - 36%
Major Exports: Frozen Bovine Meat ($2.01B), Sulfate Chemical Woodpulp ($1.5B), Concentrated Milk ($558M), Electricity ($525M), and Bovine Meat ($404M), exporting mostly to China ($3.06B), Brazil ($1.76B), United States ($605M), Argentina ($554M), and Netherlands ($493M).
Major Imports: Crude Petroleum ($1.06B), Cars ($369M), Packaged Medicaments ($317M), Broadcasting Equipment ($275M), and Refined Petroleum ($275M), importing mostly from China ($2.34B), Brazil ($2.1B), Argentina ($1.18B), United States ($1.12B), and Germany ($420M).
Investment Agency: Investment, Export and Country Brand Promotion Agency of Uruguay
National Chamber of Commerce: Cámara Nacional de Comercio y Servicios del Uruguay
Customs Agency: Dirección Nacional de Aduanas