2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
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2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
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About

Cyprus-Uruguay Trade: In 2022, Cyprus exported $658k to Uruguay. The main products that Cyprus exported to Uruguay were Light Fixtures ($252k), Rubberworking Machinery ($222k), and Plastic Pipes ($78.3k). Over the past 5 years the exports of Cyprus to Uruguay have decreased at an annualized rate of 23.1%, from $2.45M in 2017 to $658k in 2022.

In 2010, Cyprus exported services to Uruguay worth $1.33M, with Financial services ($1.33M) being the largest in terms of value.

Uruguay-Cyprus Trade: In 2022, Uruguay exported $1.1M to Cyprus. The main products that Uruguay exported to Cyprus were Rice ($1.1M), Prepared Cereals ($3.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($369). Over the past 5 years the exports of Uruguay to Cyprus have increased at an annualized rate of 4.91%,  from $868k in 2017 to $1.1M in 2022.

In 2022, Uruguay did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $658k to Uruguay. The main products exported from Cyprus to Uruguay were Light Fixtures ($252k), Rubberworking Machinery ($222k), and Plastic Pipes ($78.3k). During the last 5 years the exports of Cyprus to Uruguay have decreased at an annualized rate of 23.1%, from $2.45M in 2017 to $658k in 2022.

In 2017, Uruguay exported $1.1M to Cyprus. The main products exported from Uruguay to Cyprus were Rice ($1.1M), Prepared Cereals ($3.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($369). During the last 5 years the exports of Uruguay to Cyprus have increased at an annualized rate of 4.91%, from $868k in 2022 to $1.1M in 2017.

Exports from Cyprus (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Uruguay (Flag)

Cyprus Exports

Uruguay Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Uruguay
Top Destination
China$2.89B

This map shows whether countries import more from Cyprus or Uruguay. Each country is colored based on the difference in imports they receive from Cyprus and Uruguay or the difference in the growth in imports.

In 2022, countries that imported more from Cyprus than Uruguay included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

In 2022, countries that imported more from Uruguay than Cyprus included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

Difference in imports from Uruguay (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Uruguay

Flow
Scale

This chart compares trade between Cyprus and Uruguay by product, considering products traded by both, Cyprus and Uruguay.

During 2022, Cyprus had a large net trade with Uruguay in the exports of Machines ($277k), Miscellaneous ($260k), and Plastics and Rubbers ($82.4k).

During 2017, Uruguay had a large net trade with Cyprus in the exports of Vegetable Products ($1.1M), Foodstuffs ($3.6k), and Transportation ($369).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cyprus and Uruguay. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and Uruguay (Flag) (2022)

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