China (CHN) and Uruguay (URY) Trade

About

China-Uruguay: In 2019, China exported $1.46B to Uruguay. The main products that China exported to Uruguay are Broadcasting Equipment ($109M), Pesticides ($88.7M), and Mixed Mineral or Chemical Fertilizers ($40.3M). During the last 24 years the exports of China to Uruguay have increased at an annualized rate of 15.9%, from $42.7M in 1995 to $1.46B in 2019.

In 2019, China did not exported services to Uruguay.

Uruguay-China: In 2019, Uruguay exported $2.63B to China . The main products that Uruguay exported to China were Frozen Bovine Meat ($1.12B), Soybeans ($511M), and Sulfate Chemical Woodpulp ($473M). During the last 24 years the exports of Uruguay to China have increased at an annualized rate of 13%, from $140M in 1995 to $2.63B in 2019.

In 2019, Uruguay did not exported services to China.

Comparison: In 2019, China ranked 29 in the Economic Complexity Index (ECI 1.06), and 1 in total exports ($2.57T). That same year, Uruguay ranked 68 in the Economic Complexity Index (ECI 0.11), and 93 in total exports ($9.1B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, China exported $1.46B to Uruguay. The main products exported from China to Uruguay were Broadcasting Equipment ($109M), Pesticides ($88.7M), and Mixed Mineral or Chemical Fertilizers ($40.3M). During the last 24 years the exports of China to Uruguay have increased at an annualized rate of 15.9%, from $42.7M in 1995 to $1.46B in 2019.

In 2019, Uruguay exported $2.63B to China. The main products exported from Uruguay to China were Frozen Bovine Meat ($1.12B), Soybeans ($511M), and Sulfate Chemical Woodpulp ($473M). During the last 24 years the exports of Uruguay to China have increased at an annualized rate of 13%, from $140M in 1995 to $2.63B in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

China
Top Destination: United States, $429B

Uruguay
Top Destination: China, $2.63B

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 2019, countries that imported more from China than Uruguay were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Uruguay than China were Falkland Islands ($815k) and Saint Helena ($4.16k).

Comparative Advantage China - Uruguay

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Depth

Year

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

During 2019, China had a large net trade with Uruguay in the exports of Machines ($451M), Chemical Products ($256M), and Textiles ($172M).

During 2019, Uruguay had a large net trade with China in the exports of Animal Products ($1.37B), Vegetable Products ($511M), and Paper Goods ($473M).

Tariff Section

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Tariffs

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

In 2018, the products from China that paid the highest import tariffs to enter Uruguay were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

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

Explore Tariff Data

*The tariffs present between China and Uruguay are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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Year

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 China has comparative advantage over Uruguay. Similarly, the more red a dot/product is, the more Uruguay has comparative advantage over China.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage China - Uruguay

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

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