Czechia (CZE) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Czechia-Uruguay Trade: In 2022, Czechia exported $13.6M to Uruguay. The main products that Czechia exported to Uruguay were Nucleic Acids ($1.94M), Interior Decorative Glassware ($1M), and Wool Grease ($949k). Over the past 5 years the exports of Czechia to Uruguay have increased at an annualized rate of 5.35%, from $10.5M in 2017 to $13.6M in 2022.

In 2019, Czechia exported services to Uruguay worth $448k, with Transportation ($224k) and Other business services ($224k) being the largest in terms of value.

Uruguay-Czechia Trade: In 2022, Uruguay exported $12.6M to Czechia. The main products that Uruguay exported to Czechia were Sulfate Chemical Woodpulp ($7.17M), Bovine Meat ($2.22M), and Hormones ($566k). Over the past 5 years the exports of Uruguay to Czechia have increased at an annualized rate of 4.4%, from $10.1M in 2017 to $12.6M in 2022.

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

Comparison: In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $13.6M to Uruguay. The main products exported from Czechia to Uruguay were Nucleic Acids ($1.94M), Interior Decorative Glassware ($1M), and Wool Grease ($949k). During the last 5 years the exports of Czechia to Uruguay have increased at an annualized rate of 5.35%, from $10.5M in 2017 to $13.6M in 2022.

In 2017, Uruguay exported $12.6M to Czechia. The main products exported from Uruguay to Czechia were Sulfate Chemical Woodpulp ($7.17M), Bovine Meat ($2.22M), and Hormones ($566k). During the last 5 years the exports of Uruguay to Czechia have increased at an annualized rate of 4.4%, from $10.1M in 2022 to $12.6M in 2017.

Exports from Czechia () to Uruguay () (2022)

Exports from Uruguay () to Czechia () (2022)

Latest Data

Trade between Czechia () and Uruguay ()

Czechia Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Czechia than Uruguay included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Uruguay than Czechia included Brazil ($1.69B), Argentina ($999M), and Algeria ($229M).

Difference in imports from Uruguay () and Czechia () (2022)

Comparative Advantage Czechia - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Czechia had a large net trade with Uruguay in the exports of Machines ($3.98M), Chemical Products ($2.69M), and Metals ($1.49M).

During 2017, Uruguay had a large net trade with Czechia in the exports of Paper Goods ($7.17M), Animal Products ($3.17M), and Chemical Products ($658k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Uruguay+$1.49MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Uruguay Czechia+$2.02MSulfate 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Uruguay () (2022)

Exports from Uruguay () to Czechia () (2022)

Latest Data

Trade between Czechia () and Uruguay ()

Czechia Exports

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Czechia () (2022)

Comparative Advantage Czechia - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Uruguay () (2022)

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