Malawi (MWI) and Uruguay (URY) Trade | The Observatory of Economic Complexity

About

Malawi-Uruguay Trade: In 2022, Malawi exported $257k to Uruguay. The main products that Malawi exported to Uruguay were Raw Tobacco ($257k). Over the past 6 years the exports of Malawi to Uruguay have decreased at an annualized rate of 1.03%, from $274k in 2016 to $257k in 2022.

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

Uruguay-Malawi Trade: In 2022, Uruguay exported $35 to Malawi. The main products that Uruguay exported to Malawi were Pasta ($35). Over the past 6 years the exports of Uruguay to Malawi have decreased at an annualized rate of 24.3%, from $141 in 2016 to $35 in 2022.

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

Comparison In 2022, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $257k to Uruguay. The main products exported from Malawi to Uruguay were Raw Tobacco ($257k). During the last 6 years the exports of Malawi to Uruguay have decreased at an annualized rate of 1.03%, from $274k in 2016 to $257k in 2022.

In 2017, Uruguay exported $35 to Malawi. The main products exported from Uruguay to Malawi were Pasta ($35). During the last 5 years the exports of Uruguay to Malawi have decreased at an annualized rate of 24.3%, from $141 in 2022 to $35 in 2017.

Exports from Malawi () to Uruguay () (2022)

Exports from Uruguay () to Malawi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Malawi than Uruguay included United Arab Emirates ($255M), Tanzania ($72.8M), and Belgium ($143M).

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

Difference in imports from Uruguay () and Malawi () (2022)

Comparative Advantage Malawi - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Uruguay in the exports of Foodstuffs ($257k).

During 2017, Uruguay had a large net trade with Malawi in the exports of Foodstuffs ($35).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Uruguay+$198kRaw Tobacco

Top Product Potential Uruguay Malawi+$1.51kDelivery Trucks

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Uruguay () (2022)

Exports from Uruguay () to Malawi () (2022)

Market Competitiveness

Difference in imports from Uruguay () and Malawi () (2022)

Comparative Advantage Malawi - Uruguay

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Malawi () and Uruguay () (2022)

Keep Exploring