2022
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GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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 GDP
$71.2BCURRENT US$
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2012-2022
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GDP GROWTH
31.2%CURRENT US$
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2022
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GDP PC 
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC
$20,795CURRENT US$
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2012-2022
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GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Germany-Uruguay In 2022, Germany exported $368M to Uruguay. The main products that Germany exported to Uruguay are Vaccines, blood, antisera, toxins and cultures ($43.7M), Packaged Medicaments ($28.8M), and Machinery Having Individual Functions ($17.5M). During the last 27 years the exports of Germany to Uruguay have increased at an annualized rate of 4.27%, from $119M in 1995 to $368M in 2022.

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 2022, Uruguay exported $298M to Germany. The main products that Uruguay exported to Germany were Sulfate Chemical Woodpulp ($203M), Bovine Meat ($28.4M), and Prepared Wool or Animal Hair ($25.9M). During the last 27 years the exports of Uruguay to Germany have increased at an annualized rate of 3.15%, from $129M in 1995 to $298M in 2022.

In 2022, Uruguay did not export any services to Germany.

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Uruguay ranked 55 in the Economic Complexity Index (ECI 0.12), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $368M to Uruguay. The main products exported from Germany to Uruguay were Vaccines, blood, antisera, toxins and cultures ($43.7M), Packaged Medicaments ($28.8M), and Machinery Having Individual Functions ($17.5M). During the last 27 years the exports of Germany to Uruguay have increased at an annualized rate of 4.27%, from $119M in 1995 to $368M in 2022.

In 2022, Uruguay exported $298M to Germany. The main products exported from Uruguay to Germany were Sulfate Chemical Woodpulp ($203M), Bovine Meat ($28.4M), and Prepared Wool or Animal Hair ($25.9M). During the last 27 years the exports of Uruguay to Germany have increased at an annualized rate of 3.15%, from $129M in 1995 to $298M in 2022.

Exports from Germany (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Uruguay
Top Destination
China$2.89B

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 ($153B), France ($120B), and Netherlands ($109B).

In 2021, countries that imported more from Uruguay than Germany were American Samoa ($71.5k).

Difference in imports from Uruguay (Flag) and Germany (Flag) (2022)

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 2022, Germany had a large net trade with Uruguay in the exports of Chemical Products ($122M), Machines ($108M), and Transportation ($34.7M).

During 2022, Uruguay had a large net trade with Germany in the exports of Paper Goods ($203M), Animal Products ($44.2M), and Textiles ($26.8M).

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) (2022)

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