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GDP
$4.23TCURRENT US$
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-32.5%CURRENT US$
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$71.2BCURRENT US$
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31.2%CURRENT US$
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$33,815CURRENT US$
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-31.2%CURRENT US$
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$20,795CURRENT US$
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29.3%CURRENT US$
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About

Japan-Uruguay In 2022, Japan exported $70.9M to Uruguay. The main products that Japan exported to Uruguay are Cars ($14.9M), Chemical Analysis Instruments ($4.76M), and Synthetic Rubber ($3.82M). During the last 27 years the exports of Japan to Uruguay have decreased at an annualized rate of 1.03%, from $93.8M in 1995 to $70.9M in 2022.

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

Uruguay-Japan In 2022, Uruguay exported $68.9M to Japan. The main products that Uruguay exported to Japan were Bovine Meat ($31.7M), Frozen Bovine Meat ($15.3M), and Horse Meat ($6.5M). During the last 27 years the exports of Uruguay to Japan have increased at an annualized rate of 4.21%, from $22.6M in 1995 to $68.9M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $70.9M to Uruguay. The main products exported from Japan to Uruguay were Cars ($14.9M), Chemical Analysis Instruments ($4.76M), and Synthetic Rubber ($3.82M). During the last 27 years the exports of Japan to Uruguay have decreased at an annualized rate of 1.03%, from $93.8M in 1995 to $70.9M in 2022.

In 2022, Uruguay exported $68.9M to Japan. The main products exported from Uruguay to Japan were Bovine Meat ($31.7M), Frozen Bovine Meat ($15.3M), and Horse Meat ($6.5M). During the last 27 years the exports of Uruguay to Japan have increased at an annualized rate of 4.21%, from $22.6M in 1995 to $68.9M in 2022.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Uruguay
Top Destination
China$2.89B

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

In 2021, countries that imported more from Japan than Uruguay were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2021, countries that imported more from Uruguay than Japan were Cuba ($56.8M), Venezuela ($65.2M), and Algeria ($229M).

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

Comparative Advantage Japan - Uruguay

Flow
Scale

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

During 2022, Japan had a large net trade with Uruguay in the exports of Machines ($21.7M), Transportation ($17.6M), and Plastics and Rubbers ($10M).

During 2022, Uruguay had a large net trade with Japan in the exports of Animal Products ($60M), Foodstuffs ($3.22M), and Textiles ($2.11M).

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 Japan has comparative advantage over Uruguay. Similarly, the more yellow a dot/product is, the more Uruguay has comparative advantage over Japan.

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

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