Flag Netherlands / Uruguay Flag

Exports FlagFlag  (2018): $114M, Rnk 109 / 219

Top Product FlagFlag (2018): $33.5M, Special Purpose Ships

Exports FlagFlag (2018): $553M, Rnk 3 / 157

Top Product FlagFlag (2018): $329M, Sulfate Chemical Woodpulp

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI 0.17, Rnk 58 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $59.6B, CURRENT US$
Rnk 79 / 196

GDP GROWTH Flag (2008-2018): 96.3%, CURRENT US$
Rnk 33 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $17,278, CURRENT US$
Rnk 53 / 196

GDP PC GROWTH Flag (2008-2018): 90.1%, CURRENT US$
Rnk 20 / 196

Netherlands-Uruguay: In 2018, Netherlands exported $114M to Uruguay. The main products exported from Netherlands to Uruguay were Special Purpose Ships ($33.5M), Industrial Food Preperation Machinery ($7.7M), and Other Frozen Vegetables ($7.27M). During the last 23 years the exports of Netherlands to Uruguay have increased at an annualized rate of 6.17%, from $28.6M in 1995 to $114M in 2018. In 2009, Netherlands exported services to Uruguay worth $37M, with Services not allocated ($18.9M), Other business services ($7.63M), and Royalties and license fees ($3.85M) being the largest in terms of value.

Uruguay-Netherlands: In 2018, Uruguay exported $553M to Netherlands. The main products exported from Uruguay to Netherlands were Sulfate Chemical Woodpulp ($329M), Bovine Meat ($141M), and Frozen Bovine Meat ($26.5M). During the last 23 years the exports of Uruguay to Netherlands have increased at an annualized rate of 10.3%, from $58.1M in 1995 to $553M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Uruguay ranked 58 in the Economic Complexity Index (ECI 0.17), and 92 in total exports ($8.96B). In terms of GDP Per Capita, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Uruguay was ranked 53 with a GDP Per Capita of $17,278.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $114M to Uruguay. The main products exported from Netherlands to Uruguay were Special Purpose Ships ($33.5M), Industrial Food Preperation Machinery ($7.7M), and Other Frozen Vegetables ($7.27M). During the last 23 years the exports of Netherlands to Uruguay have increased at an annualized rate of 6.17%, from $28.6M in 1995 to $114M in 2018.

In 2018, Uruguay exported $553M to Netherlands. The main products exported from Uruguay to Netherlands were Sulfate Chemical Woodpulp ($329M), Bovine Meat ($141M), and Frozen Bovine Meat ($26.5M). During the last 23 years the exports of Uruguay to Netherlands have increased at an annualized rate of 10.3%, from $58.1M in 1995 to $553M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Uruguay
Top Destination
: China, $2.04B

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

In 2018, countries that imported more from Netherlands than Uruguay were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, no countries were registered that imported more from Uruguay than from Netherlands.

Comparative Advantage Netherlands - Uruguay

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Depth

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

During 2018, Netherlands had a large net trade with Uruguay in the exports of Transportation ($36.2M), Machines ($21.2M), and Foodstuffs ($15.8M).

During 2018, Uruguay had a large net trade with Netherlands in the exports of Paper Goods ($329M), Animal Products ($173M), and Vegetable Products ($25.6M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Uruguay (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Uruguay were Sugar beet (178%) and Whey (173%).

In 2018, the products from Uruguay that paid the highest import tariffs to enter Netherlands were Refined sugar, in solid form, flavoured or coloured (35%) and Refined sugar, in solid form, nes, pure sucrose (35%).

Explore Tariff Data

*The tariffs present between Netherlands and Uruguay are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Uruguay. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2009, Netherlands exported services to Uruguay worth $37M, with Services not allocated ($18.9M), Other business services ($7.63M), and Royalties and license fees ($3.85M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Uruguay. Similarly, the more red a dot/product is, the more Uruguay has comparative advantage over Netherlands.