Maize (corn) — Terms of trade in Uruguay
Uruguay: Maize (corn) — Terms of trade was 38.37 % in 2023. ◆ Volatile
Maize (corn) — Terms of trade in Uruguay, 2010–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, maize (corn) — terms of trade in Uruguay stood at 38.37 %.
Compared with earlier readings it is up 438.9% on the previous year and up 453.7% over ten years.
Over the whole period, maize (corn) — terms of trade in Uruguay peaked at 303.13 % in 2017 and was at its lowest, 2.58 %, in 2011.
Uruguay ranks 95th of 108 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Maize (corn) — Terms of trade in Uruguay, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 2.99 % | — |
| 2011 | 2.58 % | -13.7% |
| 2012 | 5.61 % | +117.4% |
| 2013 | 6.93 % | +23.5% |
| 2014 | 11.18 % | +61.3% |
| 2015 | 24.16 % | +116.1% |
| 2016 | 219.98 % | +810.5% |
| 2017 | 303.13 % | +37.8% |
| 2018 | 168.76 % | -44.3% |
| 2019 | 14.33 % | -91.5% |
| 2020 | 62.47 % | +335.9% |
| 2021 | 85.87 % | +37.5% |
| 2022 | 7.12 % | -91.7% |
| 2023 | 38.37 % | +438.9% |
Uruguay compared with similar countries
- Uruguay's 38.37 % is below the median for high income countries, which is 100.57 %, 38% of the median. (40 countries reporting)
- Uruguay's 38.37 % is below the median for Latin America & Caribbean, which is 110.36 %, 35% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Maize (corn) — Terms of trade in Uruguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +810.5% | 24.16 % | 219.98 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 75.97 % | 2.58 % | 303.13 % | 10 |
| 2020s | 48.46 % | 7.12 % | 85.87 % | 4 |
Countries ranked near Uruguay
More agriculture & rural data for Uruguay
- Agriculture, forestry, and fishing, value added (current US$), annual 3.67 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0638 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,609 current US$ per person (2025)
- Rural population, annual growth rate -1.32 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.0435 units per person (2025)
- Share of GDP from agriculture 6.4% (2025)
- Agriculture as a share of GDP vs. GDP per capita 6.4% (2025)
- Agricultural raw materials exports 14.1% (2024)
- Agricultural raw materials imports 0.8% (2024)
Frequently asked questions
- What is maize (corn) — terms of trade in Uruguay?
- Maize (corn) — terms of trade in Uruguay was 38.37 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest maize (corn) — terms of trade recorded in Uruguay?
- The highest recorded value was 303.13 % in 2017.
- What is the lowest maize (corn) — terms of trade recorded in Uruguay?
- The lowest recorded value was 2.58 % in 2011.
- How does Uruguay rank for maize (corn) — terms of trade?
- Uruguay ranks 95th out of 108 countries with data for 2023.
- Is maize (corn) — terms of trade rising or falling in Uruguay?
- Over the last ten years it is up 453.7%. The long-run trend across the full record is volatile.
- Where does this Uruguay data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Maize (corn) — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK