2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$61.4BCURRENT US$
Rnk 85 / 204
2011-2021
Flag
GDP GROWTH
22%CURRENT US$
Rnk 114 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$17,924CURRENT US$
Rnk 64 / 204
2011-2021
Flag
GDP PC GROWTH
19.7%CURRENT US$
Rnk 82 / 204

About

Germany-Uruguay In 2021, Germany exported $420M to Uruguay. The main products that Germany exported to Uruguay are Papermaking Machines ($40.3M), Packaged Medicaments ($23.7M), and Electric Generating Sets ($21.1M). During the last 26 years the exports of Germany to Uruguay have increased at an annualized rate of 4.96%, from $120M in 1995 to $420M in 2021.

In 2020, Germany exported services to Uruguay worth $36.6M, with Other business services ($28.6M), Computer and information services ($6.86M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Uruguay-Germany In 2021, Uruguay exported $226M to Germany. The main products that Uruguay exported to Germany were Sulfate Chemical Woodpulp ($124M), Bovine Meat ($29.8M), and Prepared Wool or Animal Hair ($26.9M). During the last 26 years the exports of Uruguay to Germany have increased at an annualized rate of 2.18%, from $129M in 1995 to $226M in 2021.

In 2021, Uruguay did not export any services to Germany.

Comparison In 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.1), and 94 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $420M to Uruguay. The main products exported from Germany to Uruguay were Papermaking Machines ($40.3M), Packaged Medicaments ($23.7M), and Electric Generating Sets ($21.1M). During the last 26 years the exports of Germany to Uruguay have increased at an annualized rate of 4.96%, from $120M in 1995 to $420M in 2021.

In 2021, Uruguay exported $226M to Germany. The main products exported from Uruguay to Germany were Sulfate Chemical Woodpulp ($124M), Bovine Meat ($29.8M), and Prepared Wool or Animal Hair ($26.9M). During the last 26 years the exports of Uruguay to Germany have increased at an annualized rate of 2.18%, from $129M in 1995 to $226M in 2021.

Exports from Germany (Flag) to Uruguay (Flag) (2021)

Exports from Uruguay (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Uruguay
Top Destination
China$3.06B

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

In 2021, countries that imported more from Germany than Uruguay were United States ($135B), France ($119B), and China ($121B).

In 2021, countries that imported more from Uruguay than Germany were Bahrain ($2.85M).

Difference in imports from Uruguay (Flag) and Germany (Flag) (2021)

Comparative Advantage Germany - Uruguay

Flow
Scale

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

During 2021, Germany had a large net trade with Uruguay in the exports of Machines ($198M), Chemical Products ($96M), and Transportation ($29.6M).

During 2021, Uruguay had a large net trade with Germany in the exports of Paper Goods ($124M), Animal Products ($44.4M), and Textiles ($27.7M).

Service Trade

Bilateral Service Trade

In 2020, Germany exported services to Uruguay worth $36.6M, with Other business services ($28.6M), Computer and information services ($6.86M), and Government services, n.i.e. ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Uruguay (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Uruguay (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with