Flag Brazil / Uruguay Flag

Exports FlagFlag  (2018): $3.01B, Rnk 17 / 216

Top Product FlagFlag (2018): $1.24B, Crude Petroleum

Exports FlagFlag (2018): $1.14B, Rnk 2 / 157

Top Product FlagFlag (2018): $123M, Malt

Economic Complexity of Flag (2018): ECI 0.62, Rnk 39 / 137

Economic Complexity of Flag (2018): ECI 0.17, Rnk 58 / 137

GDP Flag (2018): $1.87T, CURRENT US$
Rnk 9 / 196

GDP GROWTH Flag (2008-2018): 10.2%, CURRENT US$
Rnk 143 / 196

GDP Flag (2018): $59.6B, CURRENT US$
Rnk 79 / 196

GDP GROWTH Flag (2008-2018): 96.3%, CURRENT US$
Rnk 33 / 196

GDP PC Flag (2018): $8,921, CURRENT US$
Rnk 82 / 196

GDP PC GROWTH Flag (2008-2018): 1.02%, CURRENT US$
Rnk 141 / 196

GDP PC Flag (2018): $17,278, CURRENT US$
Rnk 53 / 196

GDP PC GROWTH Flag (2008-2018): 90.1%, CURRENT US$
Rnk 20 / 196

Brazil-Uruguay: In 2018, Brazil exported $3.01B to Uruguay. The main products exported from Brazil to Uruguay were Crude Petroleum ($1.24B), Cars ($172M), and Manganese Ore ($82.7M). During the last 23 years the exports of Brazil to Uruguay have increased at an annualized rate of 5.81%, from $823M in 1995 to $3.01B in 2018.

Uruguay-Brazil: In 2018, Uruguay exported $1.14B to Brazil. The main products exported from Uruguay to Brazil were Malt ($123M), Plastic Lids ($109M), and Concentrated Milk ($97M). During the last 23 years the exports of Uruguay to Brazil have increased at an annualized rate of 0.89%, from $933M in 1995 to $1.14B in 2018.

Comparison: In 2018, Brazil ranked 39 in the Economic Complexity Index (ECI 0.62), and 25 in total exports ($242B). That same year, Uruguay ranked 58 in the Economic Complexity Index (ECI 0.17), and 92 in total exports ($8.96B). In terms of GDP Per Capita, Brazil was ranked 82 with a GDP Per Capita of $8,921, and Uruguay was ranked 53 with a GDP Per Capita of $17,278.

Bilateral Trade by Products

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Depth
Value

In 2018, Brazil exported $3.01B to Uruguay. The main products exported from Brazil to Uruguay were Crude Petroleum ($1.24B), Cars ($172M), and Manganese Ore ($82.7M). During the last 23 years the exports of Brazil to Uruguay have increased at an annualized rate of 5.81%, from $823M in 1995 to $3.01B in 2018.

In 2018, Uruguay exported $1.14B to Brazil. The main products exported from Uruguay to Brazil were Malt ($123M), Plastic Lids ($109M), and Concentrated Milk ($97M). During the last 23 years the exports of Uruguay to Brazil have increased at an annualized rate of 0.89%, from $933M in 1995 to $1.14B in 2018.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $64.3B

Uruguay
Top Destination
: China, $2.04B

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

In 2018, countries that imported more from Brazil than Uruguay were China ($64.3B), United States ($29.3B), and Argentina ($15B).

In 2018, countries that imported more from Uruguay than Brazil were French Polynesia ($9.23M) and Saint Helena ($27.9k).

Comparative Advantage Brazil - Uruguay

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Depth

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

During 2018, Brazil had a large net trade with Uruguay in the exports of Mineral Products ($1.36B), Transportation ($343M), and Metals ($201M).

During 2018, Uruguay had a large net trade with Brazil in the exports of Animal Products ($264M), Plastics and Rubbers ($210M), and Vegetable Products ($186M).

Tariff Section

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This sections shows import tariffs for products traded between Brazil and Uruguay (using the HS6 product classification and the last year reported).

In 2018, the products from Brazil that paid the highest import tariffs to enter Uruguay were Raw sugar, beet (11.5%) and Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (11.5%).

In 2018, the products from Uruguay that paid the highest import tariffs to enter Brazil were Refined sugar, in solid form, nes, pure sucrose (35%) and Refined sugar, in solid form, flavoured or coloured (30.8%).

Explore Tariff Data

*The tariffs present between Brazil and Uruguay are:
3: AAP.A14TM N° 6 (Argentina Brasil Uruguay) Acuerdo de Alcance Parcial de Cooperación e Intercambio de Bienes utilizados en la Defensa y Protección del Medio Ambiente
23: AAP.AG N° 02 - Acuerdo de Alcance Parcial para la Liberación y Expansión del Comercio Intrarregional de Semillas Suscrito por el Art. 12 del TM80
29: AAP.CE N° 2 Acuerdo de Complementación Económica N° 2 celebrado entre la República Federativa del Brasil y la República Oriental del Uruguay
29: AAP.CE N° 2 Acuerdo de Complementación Económica N° 2 celebrado entre la República Federativa del Brasil y la República Oriental del Uruguay
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
269: Preferential tariff for MERCOSUR countries (Southern Common Market)
269: Preferential tariff for MERCOSUR countries (Southern Common Market)

Trade Forecasts

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This section shows a forecast for total trade between Brazil and Uruguay. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Uruguay. Similarly, the more red a dot/product is, the more Uruguay has comparative advantage over Brazil.