Cape Verde (CPV) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Cape Verde-Uruguay Trade: In 2022, Cape Verde exported $306 to Uruguay. The main products that Cape Verde exported to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($175), Padlocks ($60), and Rubber Footwear ($43). Over the past 11 years the exports of Cape Verde to Uruguay have decreased at an annualized rate of 29.6%, from $14.5k in 2011 to $306 in 2022.

In 2022, Cape Verde did not export any services to Uruguay.

Uruguay-Cape Verde Trade: In 2022, Uruguay exported $2.83M to Cape Verde. The main products that Uruguay exported to Cape Verde were Rice ($2.56M), Processed Tobacco ($175k), and Concentrated Milk ($98.4k). Over the past 11 years the exports of Uruguay to Cape Verde have increased at an annualized rate of 72.1%, from $188k in 2011 to $2.83M in 2022.

In 2022, Uruguay did not export any services to Cape Verde.

Comparison In 2022, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. 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, Cape Verde exported $306 to Uruguay. The main products exported from Cape Verde to Uruguay were Motor vehicles; parts and accessories (8701 to 8705) ($175), Padlocks ($60), and Rubber Footwear ($43). During the last 11 years the exports of Cape Verde to Uruguay have decreased at an annualized rate of 29.6%, from $14.5k in 2011 to $306 in 2022.

In 2017, Uruguay exported $2.83M to Cape Verde. The main products exported from Uruguay to Cape Verde were Rice ($2.56M), Processed Tobacco ($175k), and Concentrated Milk ($98.4k). During the last 5 years the exports of Uruguay to Cape Verde have increased at an annualized rate of 72.1%, from $188k in 2022 to $2.83M in 2017.

Exports from Cape Verde () to Uruguay () (2022)

Exports from Uruguay () to Cape Verde () (2022)

Latest Data

Trade between Cape Verde () and Uruguay ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Cape Verde than Uruguay included Rwanda ($5.95k), Malawi ($3.64k), and Andorra ($1.04k).

In 2022, countries that imported more from Uruguay than Cape Verde included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

Difference in imports from Uruguay () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with Uruguay in the exports of Transportation ($175), Metals ($60), and Footwear and Headwear ($43).

During 2017, Uruguay had a large net trade with Cape Verde in the exports of Vegetable Products ($2.56M), Foodstuffs ($175k), and Animal Products ($98.4k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Uruguay () (2022)

Exports from Uruguay () to Cape Verde () (2022)

Latest Data

Trade between Cape Verde () and Uruguay ()

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Uruguay () (2022)

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