2023
Flag
 GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
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2023
Flag
GDP PC
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195

About

North Korea-Uruguay Trade: In 2023, North Korea exported $25.7k to Uruguay. The main products that North Korea exported to Uruguay were Unprocessed Synthetic Staple Fibers ($24.8k), Office Machine Parts ($544), and Motor vehicles; parts and accessories (8701 to 8705) ($186). Over the past 5 years the exports of North Korea to Uruguay have decreased at an annualized rate of 31.1%, from $166k in 2018 to $25.7k in 2023.

In 2023, North Korea did not export any services to Uruguay.

Uruguay-North Korea Trade: In 2023, Uruguay exported $33.8k to North Korea. The main products that Uruguay exported to North Korea were Non-fillet Frozen Fish ($33.8k). Over the past 5 years the exports of Uruguay to North Korea have decreased at an annualized rate of 5.91%,  from $108k in 2018 to $33.8k in 2023.

In 2023, Uruguay did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, North Korea exported $25.7k to Uruguay. The main products exported from North Korea to Uruguay were Unprocessed Synthetic Staple Fibers ($24.8k), Office Machine Parts ($544), and Motor vehicles; parts and accessories (8701 to 8705) ($186). During the last 5 years the exports of North Korea to Uruguay have decreased at an annualized rate of 31.1%, from $166k in 2018 to $25.7k in 2023.

In 2018, Uruguay exported $33.8k to North Korea. The main products exported from Uruguay to North Korea were Non-fillet Frozen Fish ($33.8k). During the last 5 years the exports of Uruguay to North Korea have decreased at an annualized rate of 5.91%, from $108k in 2023 to $33.8k in 2018.

Exports from North Korea (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from North Korea than Uruguay included Angola ($10.2M), Luxembourg ($6.8M), and Liberia ($5.74M).

In 2023, countries that imported more from Uruguay than North Korea included China ($2.34B), Brazil ($1.92B), and United States ($880M).

Difference in imports from Uruguay (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Uruguay

Flow
Scale

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

During 2023, North Korea had a large net trade with Uruguay in the exports of Textiles ($24.8k), Machines ($702), and Transportation ($186).

During 2018, Uruguay had a large net trade with North Korea in the exports of Animal Products ($33.8k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Uruguay (Flag) (2023)

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