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Pricing

2022
Flag → Flag
Exports $200MRnk 11 / 168
2022
Flag → Flag
Top Product $46.7MBovine Meat
2022
Flag → Flag
Exports $167MRnk 40 / 185
2022
Flag → Flag
Top Product $10.3MProcessed Tomatoes
2022
Flag
Economic Complexity (ECI) ECI 0.15Rnk 57 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Uruguay-Chile Trade: In 2022, Uruguay exported $200M to Chile. The main products that Uruguay exported to Chile were Bovine Meat ($46.7M), Wheat ($16.1M), and Rapeseed Oil ($11.4M). Over the past 5 years the exports of Uruguay to Chile have increased at an annualized rate of 13.6%, from $106M in 2017 to $200M in 2022.

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

Chile-Uruguay Trade: In 2022, Chile exported $167M to Uruguay. The main products that Chile exported to Uruguay were Processed Tomatoes ($10.3M), Fish Fillets ($8.51M), and Wine ($8.04M). Over the past 5 years the exports of Chile to Uruguay have increased at an annualized rate of 3.04%,  from $144M in 2017 to $167M in 2022.

In 2009, Chile exported services to Uruguay worth $126M, with Transportation ($126M) being the largest in terms of value.

Comparison: In 2022,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $200M to Chile. The main products exported from Uruguay to Chile were Bovine Meat ($46.7M), Wheat ($16.1M), and Rapeseed Oil ($11.4M). During the last 5 years the exports of Uruguay to Chile have increased at an annualized rate of 13.6%, from $106M in 2017 to $200M in 2022.

In 2017, Chile exported $167M to Uruguay. The main products exported from Chile to Uruguay were Processed Tomatoes ($10.3M), Fish Fillets ($8.51M), and Wine ($8.04M). During the last 5 years the exports of Chile to Uruguay have increased at an annualized rate of 3.04%, from $144M in 2022 to $167M in 2017.

Exports from Uruguay (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Uruguay (Flag) (2022)

Latest Data

Trade between Uruguay (Flag) and Chile (Flag)

Uruguay Exports

Chile Exports

Market Competitiveness

Color
Uruguay
Top DestinationChina$2.89B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Uruguay than Chile included Algeria ($229M), Egypt ($151M), and Argentina ($999M).

In 2022, countries that imported more from Chile than Uruguay included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

Difference in imports from Chile (Flag) and Uruguay (Flag) (2022)

Comparative Advantage Uruguay - Chile

Flow
Scale

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

During 2022, Uruguay had a large net trade with Chile in the exports of Animal Products ($71.1M), Vegetable Products ($32.4M), and Chemical Products ($21.9M).

During 2017, Chile had a large net trade with Uruguay in the exports of Foodstuffs ($29.4M), Textiles ($19.2M), and Vegetable Products ($16.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Chile+$5.42MDelivery Trucks
Top Product Potential Chile Uruguay+$2.16MRefined 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

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

Product Space of Uruguay (Flag) and Chile (Flag) (2022)

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