Uruguay (URY) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Uruguay-Brazil Trade: In 2022, Uruguay exported $1.69B to Brazil. The main products that Uruguay exported to Brazil were Delivery Trucks ($236M), Malt ($223M), and Concentrated Milk ($178M). Over the past 5 years the exports of Uruguay to Brazil have increased at an annualized rate of 4.95%, from $1.32B in 2017 to $1.69B in 2022.

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

Brazil-Uruguay Trade: In 2022, Brazil exported $2.92B to Uruguay. The main products that Brazil exported to Uruguay were Crude Petroleum ($346M), Cars ($233M), and Delivery Trucks ($158M). Over the past 5 years the exports of Brazil to Uruguay have increased at an annualized rate of 4.32%, from $2.37B in 2017 to $2.92B in 2022.

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

Comparison: In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uruguay exported $1.69B to Brazil. The main products exported from Uruguay to Brazil were Delivery Trucks ($236M), Malt ($223M), and Concentrated Milk ($178M). During the last 5 years the exports of Uruguay to Brazil have increased at an annualized rate of 4.95%, from $1.32B in 2017 to $1.69B in 2022.

In 2017, Brazil exported $2.92B to Uruguay. The main products exported from Brazil to Uruguay were Crude Petroleum ($346M), Cars ($233M), and Delivery Trucks ($158M). During the last 5 years the exports of Brazil to Uruguay have increased at an annualized rate of 4.32%, from $2.37B in 2022 to $2.92B in 2017.

Exports from Uruguay () to Brazil () (2022)

Exports from Brazil () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Brazil ()

Uruguay Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Brazil
Top DestinationChina$90.1B

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 2022, countries that imported more from Uruguay than Brazil included French Polynesia ($21.8M).

In 2022, countries that imported more from Brazil than Uruguay included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Uruguay - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Brazil in the exports of Vegetable Products ($379M), Animal Products ($334M), and Transportation ($329M).

During 2017, Brazil had a large net trade with Uruguay in the exports of Transportation ($577M), Mineral Products ($401M), and Machines ($288M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Brazil+$14.9MFrozen Bovine Meat

Top Product Potential Brazil Uruguay+$107MCrude Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Brazil () (2022)

Exports from Brazil () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Brazil ()

Uruguay Exports

Brazil Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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