Key Market Indicators
Uruguayan electrical equipment imports are projected to reach approximately $825 million by 2028, up from around $814 million in 2023. This marks a modest annual growth rate of 0.2%. Notably, since 1999, the demand for electrical equipment in Uruguay has grown at an average rate of 2.5% per year. On the export front, Uruguay's electrical equipment exports are expected to climb to about $72 million by 2028, compared to $68 million in 2023. This represents an annual growth rate of 1%. Since 1999, the country's supply of electrical equipment for export has increased at an average rate of 2.2% per year.
