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Pricing

2022
Flag → Flag
Exports $205kRnk 149 / 182
2022
Flag → Flag
Top Product $62.1kMetal Stoppers
2022
Flag → Flag
Exports $213kRnk 140 / 168
2022
Flag → Flag
Top Product $98.5kValves
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Croatia-Uruguay Trade: In 2022, Croatia exported $205k to Uruguay. The main products that Croatia exported to Uruguay were Metal Stoppers ($62.1k), Transmissions ($49.1k), and Liquid Pumps ($22.6k). Over the past 5 years the exports of Croatia to Uruguay have decreased at an annualized rate of 17%, from $520k in 2017 to $205k in 2022.

In 2020, Croatia exported services to Uruguay worth $343k, with Travel ($343k) being the largest in terms of value.

Uruguay-Croatia Trade: In 2022, Uruguay exported $213k to Croatia. The main products that Uruguay exported to Croatia were Valves ($98.5k), Centrifuges ($33.7k), and Other Edible Animal Products ($23.3k). Over the past 5 years the exports of Uruguay to Croatia have increased at an annualized rate of 3.48%,  from $180k in 2017 to $213k in 2022.

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

Comparison: In 2022,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). 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
Value

In 2022, Croatia exported $205k to Uruguay. The main products exported from Croatia to Uruguay were Metal Stoppers ($62.1k), Transmissions ($49.1k), and Liquid Pumps ($22.6k). During the last 5 years the exports of Croatia to Uruguay have decreased at an annualized rate of 17%, from $520k in 2017 to $205k in 2022.

In 2017, Uruguay exported $213k to Croatia. The main products exported from Uruguay to Croatia were Valves ($98.5k), Centrifuges ($33.7k), and Other Edible Animal Products ($23.3k). During the last 5 years the exports of Uruguay to Croatia have increased at an annualized rate of 3.48%, from $180k in 2022 to $213k in 2017.

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

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

Latest Data

Trade between Croatia (Flag) and Uruguay (Flag)

Croatia Exports

Uruguay Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.44B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Croatia than Uruguay included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

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

Comparative Advantage Croatia - Uruguay

Flow
Scale

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

During 2022, Croatia had a large net trade with Uruguay in the exports of Metals ($88.5k), Machines ($84.6k), and Foodstuffs ($7.14k).

During 2017, Uruguay had a large net trade with Croatia in the exports of Machines ($170k), Animal Products ($23.3k), and Transportation ($11.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Uruguay+$29.6kOther Iron Products
Top Product Potential Uruguay Croatia+$37.1kMotor vehicles; parts and accessories (8701 to 8705)

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

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

Product Space of Croatia (Flag) and Uruguay (Flag) (2022)

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