Rwanda (RWA) and Uruguay (URY) Trade | The Observatory of Economic Complexity

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Rwanda-Uruguay Trade: In 2022, Rwanda exported $10.1k to Uruguay. The main products that Rwanda exported to Uruguay were Coffee ($9.8k) and Tea ($316). Over the past 5 years the exports of Rwanda to Uruguay have decreased at an annualized rate of 35.7%, from $92k in 2017 to $10.1k in 2022.

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

Uruguay-Rwanda Trade: In 2022, Uruguay exported $654 to Rwanda. The main products that Uruguay exported to Rwanda were Video Displays ($654). Over the past 5 years the exports of Uruguay to Rwanda have decreased at an annualized rate of 84.9%, from $8.37M in 2017 to $654 in 2022.

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

Comparison: In 2022, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). 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, Rwanda exported $10.1k to Uruguay. The main products exported from Rwanda to Uruguay were Coffee ($9.8k) and Tea ($316). During the last 5 years the exports of Rwanda to Uruguay have decreased at an annualized rate of 35.7%, from $92k in 2017 to $10.1k in 2022.

In 2017, Uruguay exported $654 to Rwanda. The main products exported from Uruguay to Rwanda were Video Displays ($654). During the last 5 years the exports of Uruguay to Rwanda have decreased at an annualized rate of 84.9%, from $8.37M in 2022 to $654 in 2017.

Exports from Rwanda () to Uruguay () (2022)

Exports from Uruguay () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Uruguay ()

Rwanda Exports

Date

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Rwanda than Uruguay included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Ethiopia ($55.2M).

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

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

Comparative Advantage Rwanda - Uruguay

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Rwanda had a large net trade with Uruguay in the exports of Vegetable Products ($10.1k).

During 2017, Uruguay had a large net trade with Rwanda in the exports of Machines ($654).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Rwanda Uruguay+$27.6kCoffee

Top Product Potential Uruguay Rwanda+$1.75kRice

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

About

Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Uruguay () (2022)

Exports from Uruguay () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Uruguay ()

Rwanda Exports

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Rwanda - Uruguay

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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