Sign In
Pricing

2022
Flag → Flag
Exports $467kRnk 82 / 149
2022
Flag → Flag
Top Product $445kSauces and Seasonings
2022
Flag → Flag
Exports $16.2MRnk 58 / 168
2022
Flag → Flag
Top Product $14.9MFrozen Bovine Meat
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186

About

Trinidad and Tobago-Uruguay Trade: In 2022, Trinidad and Tobago exported $467k to Uruguay. The main products that Trinidad and Tobago exported to Uruguay were Sauces and Seasonings ($445k), Hard Liquor ($12.3k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.79k). Over the past 5 years the exports of Trinidad and Tobago to Uruguay have decreased at an annualized rate of 25.1%, from $1.98M in 2017 to $467k in 2022.

In 2022, Trinidad and Tobago did not export any services to Uruguay.

Uruguay-Trinidad and Tobago Trade: In 2022, Uruguay exported $16.2M to Trinidad and Tobago. The main products that Uruguay exported to Trinidad and Tobago were Frozen Bovine Meat ($14.9M), Scented Mixtures ($529k), and Concentrated Milk ($186k). Over the past 5 years the exports of Uruguay to Trinidad and Tobago have increased at an annualized rate of 2.64%,  from $14.2M in 2017 to $16.2M in 2022.

In 2022, Uruguay did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), 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
Value

In 2022, Trinidad and Tobago exported $467k to Uruguay. The main products exported from Trinidad and Tobago to Uruguay were Sauces and Seasonings ($445k), Hard Liquor ($12.3k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.79k). During the last 5 years the exports of Trinidad and Tobago to Uruguay have decreased at an annualized rate of 25.1%, from $1.98M in 2017 to $467k in 2022.

In 2017, Uruguay exported $16.2M to Trinidad and Tobago. The main products exported from Uruguay to Trinidad and Tobago were Frozen Bovine Meat ($14.9M), Scented Mixtures ($529k), and Concentrated Milk ($186k). During the last 5 years the exports of Uruguay to Trinidad and Tobago have increased at an annualized rate of 2.64%, from $14.2M in 2022 to $16.2M in 2017.

Exports from Trinidad and Tobago (Flag) to Uruguay (Flag) (2022)

Exports from Uruguay (Flag) to Trinidad and Tobago (Flag) (2022)

Latest Data

Trade between Trinidad and Tobago (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Uruguay
Top DestinationChina$2.89B

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

In 2022, countries that imported more from Trinidad and Tobago than Uruguay included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

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

Difference in imports from Uruguay (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Uruguay

Flow
Scale

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

During 2022, Trinidad and Tobago had a large net trade with Uruguay in the exports of Foodstuffs ($457k) and Chemical Products ($9.79k).

During 2017, Uruguay had a large net trade with Trinidad and Tobago in the exports of Animal Products ($15.2M), Chemical Products ($745k), and Plastics and Rubbers ($193k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Uruguay+$40.7kAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
Top Product Potential Uruguay Trinidad and Tobago+$293kConcentrated Milk

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

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

Product Space of Trinidad and Tobago (Flag) and Uruguay (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms