Binding coverage, primary products in Uruguay
Uruguay: Binding coverage, primary products was 99.9% in 2022. ▬ Flat
Binding coverage, primary products in Uruguay, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, primary products in Uruguay stood at 99.9%. That is the lowest value across all 27 years on record.
That represents a change of down 0.1% over ten years.
Over the whole period, binding coverage, primary products in Uruguay peaked at 100.0% in 1995 and was at its lowest, 99.9%, in 2019.
That places Uruguay 6th out of 158 countries with data for 2022, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 9 |
| 2010s | 100.0% | 99.9% | 100.0% | 10 |
| 2020s | 99.9% | 99.9% | 99.9% | 3 |
Countries ranked near Uruguay
- 6 Angola 99.9% compare
- 6 Argentina 99.9% compare
- 6 Armenia 99.9% compare
- 6 Bolivia 99.9% compare
- 6 Brazil 99.9% compare
- 6 Chile 99.9% compare
- 6 Colombia 99.9% compare
- 6 Georgia 99.9% compare
- 6 Guyana 99.9% compare
- 6 Laos 99.9% compare
- 6 Mexico 99.9% compare
- 6 Moldova 99.9% compare
- 6 Morocco 99.9% compare
- 6 Papua New Guinea 99.9% compare
- 6 Paraguay 99.9% compare
- 6 Peru 99.9% compare
- 6 Russia 99.9% compare
- 6 Seychelles 99.9% compare
- 6 Tonga 99.9% compare
- 6 Ukraine 99.9% compare
- 6 United Arab Emirates 99.9% compare
More private sector data for Uruguay
- Merchandise exports 11.23 billion current US$ (2025)
- Manufactures exports 18.9% (2024)
- Food exports 65.3% (2024)
- Merchandise imports 12.95 billion current US$ (2025)
- Manufactures imports 69.6% (2024)
- Food imports 14.1% (2024)
- Merchandise trade 28.3% (2025)
- Commercial service exports 7.32 billion current US$ (2025)
- Transport services 28.5% (2025)
- Computer, communications and other services 43.8% (2025)
Frequently asked questions
- What is binding coverage, primary products in Uruguay?
- Binding coverage, primary products in Uruguay was 99.9% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in Uruguay?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, primary products recorded in Uruguay?
- The lowest recorded value was 99.9% in 2019.
- How does Uruguay rank for binding coverage, primary products?
- Uruguay ranks 6th out of 158 countries with data for 2022.
- Is binding coverage, primary products rising or falling in Uruguay?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Uruguay data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.
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About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).