South America ¡ Country profile
Uruguay
India-Uruguay trade corridor: $11.4B bilateral trade, $1.0B FDI into India.
$11.4B
Trade with India
+11.9% YoY
$659.0B
GDP
Nominal
$1.0B
FDI into India
Cumulative
+$0.0B
Trade balance
India surplus
Top exports to Uruguay
- Gems and jewellery
- Rice and cereals
- Machinery
Top imports from Uruguay
- Scientific instruments
- Machinery
- Aircraft parts
Trade corridor with India
2025: $11.4B ¡ 5-yr CAGR 11.9%
Goods trade in USD billion, illustrative demo figures.
Latest Uruguay stories
Trade6h ago7 min read
India-Uruguay bilateral trade hits a new quarterly high
FDI9h ago3 min read
Uruguay investors commit fresh capital to Indian manufacturing
Policy12h ago4 min read
Revised tariff schedule for India-Uruguay goods notified
Technology15h ago5 min read
India and Uruguay deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 9% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 4 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Uruguay Business Forum
Feb 2027 ¡ New Delhi
Delegation
Trade delegation to Uruguay
Apr 2027 ¡ Uruguay
Buyer meet
Uruguay buyers-sellers meet
Nov 2026 ¡ Mumbai
Policy
Joint working group on market access
Jan 2027 ¡ Virtual
Opportunity sectors
đS45Pharmaceutical25% projected demand growthđī¸S50Semiconductors27% projected demand growthâī¸S55Steel17% projected demand growthđ§S60Water Resources & Management12% projected demand growthâī¸S05Atomic Energy21% projected demand growthđ§ĒS10Chemicals & Fertilizers & Minerals25% projected demand growth