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2022
Flag → Flag
Exports $103MRnk 85 / 152
2022
Flag → Flag
Top Product $48.8MBroadcasting Equipment
2022
Flag → Flag
Exports $57.5MRnk 32 / 168
2022
Flag → Flag
Top Product $16.6MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
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Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 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 $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
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GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Vietnam-Uruguay Trade: In 2022, Vietnam exported $103M to Uruguay. The main products that Vietnam exported to Uruguay were Broadcasting Equipment ($48.8M), Textile Footwear ($9.44M), and Phosphatic Fertilizers ($4.95M). Over the past 5 years the exports of Vietnam to Uruguay have increased at an annualized rate of 7.1%, from $73.3M in 2017 to $103M in 2022.

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

Uruguay-Vietnam Trade: In 2022, Uruguay exported $57.5M to Vietnam. The main products that Uruguay exported to Vietnam were Sawn Wood ($16.6M), Soybeans ($9.17M), and Rough Wood ($6.52M). Over the past 5 years the exports of Uruguay to Vietnam have increased at an annualized rate of 0.055%,  from $57.4M in 2017 to $57.5M in 2022.

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

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $103M to Uruguay. The main products exported from Vietnam to Uruguay were Broadcasting Equipment ($48.8M), Textile Footwear ($9.44M), and Phosphatic Fertilizers ($4.95M). During the last 5 years the exports of Vietnam to Uruguay have increased at an annualized rate of 7.1%, from $73.3M in 2017 to $103M in 2022.

In 2017, Uruguay exported $57.5M to Vietnam. The main products exported from Uruguay to Vietnam were Sawn Wood ($16.6M), Soybeans ($9.17M), and Rough Wood ($6.52M). During the last 5 years the exports of Uruguay to Vietnam have increased at an annualized rate of 0.055%, from $57.4M in 2022 to $57.5M in 2017.

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

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

Latest Data

Trade between Vietnam (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Vietnam than Uruguay included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Uruguay than Vietnam included Algeria ($229M), Argentina ($999M), and Cuba ($56.8M).

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

Comparative Advantage Vietnam - Uruguay

Flow
Scale

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

During 2022, Vietnam had a large net trade with Uruguay in the exports of Machines ($60.6M), Footwear and Headwear ($16.3M), and Textiles ($7.74M).

During 2017, Uruguay had a large net trade with Vietnam in the exports of Wood Products ($23.1M), Animal Products ($13.6M), and Vegetable Products ($11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Uruguay+$19.8MTelephones
Top Product Potential Uruguay Vietnam+$4.13MSoybeans

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 Vietnam and Uruguay. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over Vietnam.

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

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