Morocco (MAR) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Morocco-Uruguay Trade: In 2023, Morocco exported $34.9M to Uruguay. The main products that Morocco exported to Uruguay were Mixed Mineral or Chemical Fertilizers ($24.6M), Phosphatic Fertilizers ($4.3M), and Glycosides ($2.36M). Over the past 5 years the exports of Morocco to Uruguay have increased at an annualized rate of 9.88%, from $21.8M in 2018 to $34.9M in 2023.

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

Uruguay-Morocco Trade: In 2023, Uruguay exported $19.6M to Morocco. The main products that Uruguay exported to Morocco were Bovine ($10.8M), Petroleum Gas ($4.08M), and Butter ($3.09M). Over the past 5 years the exports of Uruguay to Morocco have increased at an annualized rate of 24.9%, from $6.46M in 2018 to $19.6M in 2023.

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

Comparison: In 2023, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B). 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, Morocco exported $34.9M to Uruguay. The main products exported from Morocco to Uruguay were Mixed Mineral or Chemical Fertilizers ($24.6M), Phosphatic Fertilizers ($4.3M), and Glycosides ($2.36M). During the last 5 years the exports of Morocco to Uruguay have increased at an annualized rate of 9.88%, from $21.8M in 2018 to $34.9M in 2023.

In 2018, Uruguay exported $19.6M to Morocco. The main products exported from Uruguay to Morocco were Bovine ($10.8M), Petroleum Gas ($4.08M), and Butter ($3.09M). During the last 5 years the exports of Uruguay to Morocco have increased at an annualized rate of 24.9%, from $6.46M in 2023 to $19.6M in 2018.

Exports from Morocco () to Uruguay () (2023)

Exports from Uruguay () to Morocco () (2023)

Latest Data

Trade between Morocco () and Uruguay ()

Morocco Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Morocco
Top DestinationSpain$9.8B

Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Morocco than Uruguay included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

In 2023, countries that imported more from Uruguay than Morocco included China ($2.34B), Brazil ($1.92B), and Chile ($285M).

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

Comparative Advantage Morocco - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Morocco had a large net trade with Uruguay in the exports of Chemical Products ($31.4M), Textiles ($2.88M), and Vegetable Products ($156k).

During 2018, Uruguay had a large net trade with Morocco in the exports of Animal Products ($14.8M), Mineral Products ($4.08M), and Chemical Products ($325k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Morocco Uruguay+$3.16MMixed Mineral or Chemical Fertilizers

Top Product Potential Uruguay Morocco+$537kSulfate Chemical Woodpulp

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 Morocco and Uruguay. This means that a dot/product with the flag of Morocco indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over Morocco.

About

Historical Data

Bilateral Trade by Products

Exports from Morocco () to Uruguay () (2023)

Exports from Uruguay () to Morocco () (2023)

Latest Data

Trade between Morocco () and Uruguay ()

Morocco Exports

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Morocco - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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