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2023
Flag → Flag
Exports $29.9MRnk 148 / 216
2023
Flag → Flag
Top Product $19.2MRefined Petroleum
2023
Flag → Flag
Exports $26.1MRnk 45 / 166
2023
Flag → Flag
Top Product $8.9MConcentrated Milk
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$22,798CURRENT US$
Rnk 54 / 196
2013-2023
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GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195

About

United Arab Emirates-Uruguay Trade: In 2023, United Arab Emirates exported $29.9M to Uruguay. The main products that United Arab Emirates exported to Uruguay were Refined Petroleum ($19.2M), Perfumes ($2.37M), and Ethylene Polymers ($1.61M). Over the past 5 years the exports of United Arab Emirates to Uruguay have decreased at an annualized rate of 5.79%, from $40.4M in 2018 to $29.9M in 2023.

In 2023, United Arab Emirates did not export any services to Uruguay.

Uruguay-United Arab Emirates Trade: In 2023, Uruguay exported $26.1M to United Arab Emirates. The main products that Uruguay exported to United Arab Emirates were Concentrated Milk ($8.9M), Sulfate Chemical Woodpulp ($3.48M), and Other Prepared Meat ($2.8M). Over the past 5 years the exports of Uruguay to United Arab Emirates have increased at an annualized rate of 3.9%,  from $10.4M in 2018 to $26.1M in 2023.

In 2023, Uruguay did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $29.9M to Uruguay. The main products exported from United Arab Emirates to Uruguay were Refined Petroleum ($19.2M), Perfumes ($2.37M), and Ethylene Polymers ($1.61M). During the last 5 years the exports of United Arab Emirates to Uruguay have decreased at an annualized rate of 5.79%, from $40.4M in 2018 to $29.9M in 2023.

In 2018, Uruguay exported $26.1M to United Arab Emirates. The main products exported from Uruguay to United Arab Emirates were Concentrated Milk ($8.9M), Sulfate Chemical Woodpulp ($3.48M), and Other Prepared Meat ($2.8M). During the last 5 years the exports of Uruguay to United Arab Emirates have increased at an annualized rate of 3.9%, from $10.4M in 2023 to $26.1M in 2018.

Exports from United Arab Emirates (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Uruguay (Flag)

United Arab Emirates Exports

Uruguay Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from United Arab Emirates than Uruguay included India ($38.2B), China ($40.2B), and Japan ($37.4B).

In 2023, countries that imported more from Uruguay than United Arab Emirates included Brazil ($1.92B), Argentina ($569M), and Chile ($285M).

Difference in imports from Uruguay (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Uruguay

Flow
Scale

This chart compares trade between United Arab Emirates and Uruguay by product, considering products traded by both, United Arab Emirates and Uruguay.

During 2023, United Arab Emirates had a large net trade with Uruguay in the exports of Mineral Products ($19.2M), Chemical Products ($3.58M), and Plastics and Rubbers ($2.78M).

During 2018, Uruguay had a large net trade with United Arab Emirates in the exports of Animal Products ($14.3M), Foodstuffs ($4.98M), and Paper Goods ($3.48M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Uruguay+$4.22MRefined Petroleum
Top Product Potential Uruguay United Arab Emirates+$3.16MConcentrated Milk

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

Product Space of United Arab Emirates (Flag) and Uruguay (Flag) (2023)

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