Ethiopia (ETH) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Ethiopia-Uruguay Trade: In 2023, Ethiopia exported $75.7k to Uruguay. The main products that Ethiopia exported to Uruguay were Coffee ($45.7k), Knit Socks and Hosiery ($8.72k), and Knit Babies' Garments ($5.95k). Over the past 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 37.5%, from $15.4k in 2018 to $75.7k in 2023.

In 2023, Ethiopia did not export any services to Uruguay.

Uruguay-Ethiopia Trade: In 2023, Uruguay exported $98.6k to Ethiopia. The main products that Uruguay exported to Ethiopia were Other Furniture ($22.4k), Iron Housewares ($9.29k), and Other toys ($8.31k). Over the past 5 years the exports of Uruguay to Ethiopia have decreased at an annualized rate of 14.1%, from $211k in 2018 to $98.6k in 2023.

In 2023, Uruguay did not export any services to Ethiopia.

Comparison: In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). That same year, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $75.7k to Uruguay. The main products exported from Ethiopia to Uruguay were Coffee ($45.7k), Knit Socks and Hosiery ($8.72k), and Knit Babies' Garments ($5.95k). During the last 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 37.5%, from $15.4k in 2018 to $75.7k in 2023.

In 2018, Uruguay exported $98.6k to Ethiopia. The main products exported from Uruguay to Ethiopia were Other Furniture ($22.4k), Iron Housewares ($9.29k), and Other toys ($8.31k). During the last 5 years the exports of Uruguay to Ethiopia have decreased at an annualized rate of 14.1%, from $211k in 2023 to $98.6k in 2018.

Exports from Ethiopia () to Uruguay () (2023)

Exports from Uruguay () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Uruguay ()

Ethiopia Exports

Date

Aug 2014

Apr 2010

Feb 2010

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Ethiopia than Uruguay included United Arab Emirates ($314M), Saudi Arabia ($304M), and Djibouti ($155M).

In 2023, countries that imported more from Uruguay than Ethiopia included China ($2.34B), Brazil ($1.92B), and Argentina ($569M).

Difference in imports from Uruguay () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Uruguay in the exports of Vegetable Products ($45.7k), Textiles ($29.9k), and Plastics and Rubbers ($42).

During 2018, Uruguay had a large net trade with Ethiopia in the exports of Miscellaneous ($40.8k), Machines ($24.7k), and Metals ($12.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Uruguay+$147kCoffee

Top Product Potential Uruguay Ethiopia+$348kPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Uruguay () (2023)

Exports from Uruguay () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Uruguay ()

Ethiopia Exports

Uruguay Exports

Market Competitiveness

Difference in imports from Uruguay () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Uruguay () (2023)

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