2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

China-Uruguay Trade: In 2022, China exported $2.63B to Uruguay. The main products that China exported to Uruguay were Broadcasting Equipment ($217M), Pesticides ($156M), and Computers ($81.8M). Over the past 5 years the exports of China to Uruguay have increased at an annualized rate of 6.02%, from $1.96B in 2017 to $2.63B in 2022.

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

Uruguay-China Trade: In 2022, Uruguay exported $2.89B to China. The main products that Uruguay exported to China were Frozen Bovine Meat ($1.48B), Sulfate Chemical Woodpulp ($485M), and Soybeans ($324M). Over the past 5 years the exports of Uruguay to China have increased at an annualized rate of 7.53%,  from $2.01B in 2017 to $2.89B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $2.63B to Uruguay. The main products exported from China to Uruguay were Broadcasting Equipment ($217M), Pesticides ($156M), and Computers ($81.8M). During the last 5 years the exports of China to Uruguay have increased at an annualized rate of 6.02%, from $1.96B in 2017 to $2.63B in 2022.

In 2017, Uruguay exported $2.89B to China. The main products exported from Uruguay to China were Frozen Bovine Meat ($1.48B), Sulfate Chemical Woodpulp ($485M), and Soybeans ($324M). During the last 5 years the exports of Uruguay to China have increased at an annualized rate of 7.53%, from $2.01B in 2022 to $2.89B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Uruguay
Top Destination
China$2.89B

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

In 2022, countries that imported more from China than Uruguay included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Uruguay than China included American Samoa ($71.5k) and Saint Martin ($36.9k).

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

Comparative Advantage China - Uruguay

Flow
Scale

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

During 2022, China had a large net trade with Uruguay in the exports of Machines ($892M), Chemical Products ($434M), and Transportation ($256M).

During 2017, Uruguay had a large net trade with China in the exports of Animal Products ($1.84B), Paper Goods ($485M), and Vegetable Products ($337M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Uruguay+$54MTelephones
Top Product Potential Uruguay China+$128MSoybeans

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with