Key Market Indicators
Uruguayan Truck Exports are projected to soar to approximately $116 million by 2028, up from around $96 million in 2023. This marks an annual compound growth rate (CAGR) of 3%. Since 1999, Uruguay's truck supply has seen a modest annual increase of 0.1%. In the global rankings for 2023, Uruguay held the 42nd spot, while Tanzania was just ahead with exports also valued at around $96 million. The top three positions were occupied by the United States, Germany, and France, respectively. Meanwhile, Uruguayan Truck Imports are expected to reach nearly $195 million by 2028, rising from about $188 million in 2023. This represents a modest annual CAGR of 0.6%. Since 1999, the country's demand for truck imports has grown by an average of 2.1% per year.
