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Pricing

2022
Flag → Flag
Exports $72.3MRnk 105 / 216
2022
Flag → Flag
Top Product $25.1MNitrogenous Fertilizers
2022
Flag → Flag
Exports $19.5MRnk 52 / 168
2022
Flag → Flag
Top Product $9.77MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Indonesia-Uruguay Trade: In 2022, Indonesia exported $72.3M to Uruguay. The main products that Indonesia exported to Uruguay were Nitrogenous Fertilizers ($25.1M), Palm Oil ($7.89M), and Textile Footwear ($4.88M). Over the past 5 years the exports of Indonesia to Uruguay have increased at an annualized rate of 12%, from $40.9M in 2017 to $72.3M in 2022.

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

Uruguay-Indonesia Trade: In 2022, Uruguay exported $19.5M to Indonesia. The main products that Uruguay exported to Indonesia were Sawn Wood ($9.77M), Crustaceans ($5.12M), and Tanned Equine and Bovine Hides ($2.09M). Over the past 5 years the exports of Uruguay to Indonesia have increased at an annualized rate of 9.78%,  from $12.2M in 2017 to $19.5M in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $72.3M to Uruguay. The main products exported from Indonesia to Uruguay were Nitrogenous Fertilizers ($25.1M), Palm Oil ($7.89M), and Textile Footwear ($4.88M). During the last 5 years the exports of Indonesia to Uruguay have increased at an annualized rate of 12%, from $40.9M in 2017 to $72.3M in 2022.

In 2017, Uruguay exported $19.5M to Indonesia. The main products exported from Uruguay to Indonesia were Sawn Wood ($9.77M), Crustaceans ($5.12M), and Tanned Equine and Bovine Hides ($2.09M). During the last 5 years the exports of Uruguay to Indonesia have increased at an annualized rate of 9.78%, from $12.2M in 2022 to $19.5M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Uruguay (Flag)

Indonesia Exports

Uruguay Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Indonesia than Uruguay included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Uruguay than Indonesia included Argentina ($999M), Paraguay ($149M), and Cuba ($56.8M).

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

Comparative Advantage Indonesia - Uruguay

Flow
Scale

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

During 2022, Indonesia had a large net trade with Uruguay in the exports of Chemical Products ($26.7M), Footwear and Headwear ($9.49M), and Animal and Vegetable Bi-Products ($8.21M).

During 2017, Uruguay had a large net trade with Indonesia in the exports of Wood Products ($9.78M), Animal Products ($5.13M), and Animal Hides ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Uruguay+$4.2MPalm Oil
Top Product Potential Uruguay Indonesia+$2.65MSulfate Chemical Woodpulp

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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