Flag Uruguay / Brazil Flag

2019
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Exports
: $1.12B, Rnk 2 / 167

2019
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Top Product
: $121M, Plastic Lids

2019
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Exports
: $2.49B, Rnk 21 / 220

2019
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Top Product
: $742M, Crude Petroleum

2019
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Economic Complexity (ECI)
: ECI 0.11, Rnk 68 / 157

2019
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Economic Complexity (ECI)
: ECI 0.55, Rnk 49 / 157

2019
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GDP
: $56B, CURRENT US$
Rnk 81 / 187

2009-2019
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GDP GROWTH
: 77%, CURRENT US$
Rnk 50 / 187

2019
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 GDP
: $1.84T, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP GROWTH
: 10.4%, CURRENT US$
Rnk 162 / 187

2019
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GDP PC 
: $16,190, CURRENT US$
Rnk 55 / 187

2009-2019
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GDP PC GROWTH
: 71.3%, CURRENT US$
Rnk 33 / 187

2019
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GDP PC 
: $8,717, CURRENT US$
Rnk 79 / 187

2009-2019
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GDP PC GROWTH
: 1.39%, CURRENT US$
Rnk 156 / 187

Uruguay-Brazil: In 2019, Uruguay exported $1.12B to Brazil. The main products that Uruguay exported to Brazil are Plastic Lids ($121M), Delivery Trucks ($112M), and Malt ($106M). During the last 24 years the exports of Uruguay to Brazil have increased at an annualized rate of 0.8%, from $925M in 1995 to $1.12B in 2019.

In 2019, Uruguay did not exported services to Brazil.

Brazil-Uruguay: In 2019, Brazil exported $2.49B to Uruguay . The main products that Brazil exported to Uruguay were Crude Petroleum ($742M), Cars ($137M), and Bovine Meat ($92.6M). During the last 24 years the exports of Brazil to Uruguay have increased at an annualized rate of 4.7%, from $825M in 1995 to $2.49B in 2019.

In 2019, Brazil did not exported services to Uruguay.

Comparison: In 2019,  Uruguay ranked 68 in the Economic Complexity Index (ECI 0.11), and 93 in total exports ($9.1B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.55), and 25 in total exports ($230B).

Bilateral Trade by Products

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Depth
Value

In 2019, Uruguay exported $1.12B to Brazil. The main products exported from Uruguay to Brazil were Plastic Lids ($121M), Delivery Trucks ($112M), and Malt ($106M). During the last 24 years the exports of Uruguay to Brazil have increased at an annualized rate of 0.8%, from $925M in 1995 to $1.12B in 2019.

In 2019, Brazil exported $2.49B to Uruguay. The main products exported from Brazil to Uruguay were Crude Petroleum ($742M), Cars ($137M), and Bovine Meat ($92.6M). During the last 24 years the exports of Brazil to Uruguay have increased at an annualized rate of 4.7%, from $825M in 1995 to $2.49B in 2019.

Market Competitiveness

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Measure

Uruguay
Top Destination
: China, $2.63B

Brazil
Top Destination
: China, $63.5B

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

In 2019, countries that imported more from Uruguay than Brazil were French Polynesia ($7.13M) and Falkland Islands ($815k).

In 2019, countries that imported more from Brazil than Uruguay were China ($63.5B), United States ($30.5B), and Argentina ($9.85B).

Comparative Advantage Uruguay - Brazil

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Depth

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

During 2019, Uruguay had a large net trade with Brazil in the exports of Animal Products ($237M), Vegetable Products ($223M), and Plastics and Rubbers ($199M).

During 2019, Brazil had a large net trade with Uruguay in the exports of Mineral Products ($847M), Transportation ($338M), and Animal Products ($201M).

Tariff Section

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

In 2018, the products from Uruguay that paid the highest import tariffs to enter Brazil were Refined sugar, in solid form, nes, pure sucrose (35%) and Refined sugar, in solid form, flavoured or coloured (30.8%).

In 2018, the products from Brazil that paid the highest import tariffs to enter Uruguay were Raw sugar, beet (11.5%) and Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (11.5%).

Explore Tariff Data

*The tariffs present between Uruguay and Brazil are:
3: AAP.A14TM N° 6 (Argentina Brasil Uruguay) Acuerdo de Alcance Parcial de Cooperación e Intercambio de Bienes utilizados en la Defensa y Protección del Medio Ambiente
4: AAP.A14TM N° 7 Acuerdo de Alcance Parcial para la Conformación del Mercado Común del Libro Latinoamericano Brasil Uruguay
29: AAP.CE N° 2 Acuerdo de Complementación Económica N° 2 celebrado entre la República Federativa del Brasil y la República Oriental del Uruguay
82: AR.CEYC N° 7 Acuerdo de Cooperación e Intercambio en las Áreas Cultural, Educacional y Científica (Argentina, Bolivia, Brasil, Chile, Colombia, Cuba, Ecuador, México, Panamá, Paraguay, Perú, Uruguay)
83: AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela)
136: Most Favoured Nation duty rate treatement
269: Preferential tariff for MERCOSUR countries (Southern Common Market)

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 Uruguay has comparative advantage over Brazil. Similarly, the more red a dot/product is, the more Brazil has comparative advantage over Uruguay.