Key Market Indicators
Uruguay's copper exports are expected to reach $14 million by 2026, up 2% annually on average from $12.2 million in 2021. Since 1999, the country's supply has increased 7.7% annually. The Dominican Republic overtook Uruguay in 2021, ranking 87th with $12.2 million in exports. Germany, the United States, and Japan took the top three spots in the rankings. Uruguay's copper imports are forecast to reach $25.3 million by 2026, up 1.3% annually on average from $23.4 million in 2021. Since 1999, Uruguay's demand for the metal rose 6.3% annually. Botswana overtook Uruguay in 2021, ranking 86th with $23.4 million in imports. Germany, the United States, and Italy took the top three spots in the rankings.