2023
Flag  
GDP
$77.2BCURRENT US$
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2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
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2023
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 GDP
$33.9BCURRENT US$
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2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
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2023
Flag
GDP PC 
$22,798CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
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2023
Flag
GDP PC
$36,551CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
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About

Uruguay-Cyprus Trade: In 2023, Uruguay exported $1.93M to Cyprus. The main products that Uruguay exported to Cyprus were Rice ($1.47M), Frozen Bovine Meat ($246k), and Scarves ($58.3k). Over the past 5 years the exports of Uruguay to Cyprus have increased at an annualized rate of 14%, from $1M in 2018 to $1.93M in 2023.

In 2023, Uruguay did not export any services to Cyprus.

Cyprus-Uruguay Trade: In 2023, Cyprus exported $316k to Uruguay. The main products that Cyprus exported to Uruguay were Light Fixtures ($200k), Knit Gloves ($27.7k), and Plastic Pipes ($26.3k). Over the past 5 years the exports of Cyprus to Uruguay have increased at an annualized rate of 11.3%,  from $185k in 2018 to $316k in 2023.

In 2010, Cyprus exported services to Uruguay worth $1.33M, with Financial services ($1.33M) being the largest in terms of value.

Comparison In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22),  and 100 in total exports ($11B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uruguay exported $1.93M to Cyprus. The main products exported from Uruguay to Cyprus were Rice ($1.47M), Frozen Bovine Meat ($246k), and Scarves ($58.3k). During the last 5 years the exports of Uruguay to Cyprus have increased at an annualized rate of 14%, from $1M in 2018 to $1.93M in 2023.

In 2018, Cyprus exported $316k to Uruguay. The main products exported from Cyprus to Uruguay were Light Fixtures ($200k), Knit Gloves ($27.7k), and Plastic Pipes ($26.3k). During the last 5 years the exports of Cyprus to Uruguay have increased at an annualized rate of 11.3%, from $185k in 2023 to $316k in 2018.

Exports from Uruguay (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Uruguay (Flag) (2023)

Latest Data

Trade between Uruguay (Flag) and Cyprus (Flag)

Uruguay Exports

Cyprus Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.34B
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Uruguay than Cyprus included China ($2.34B), Brazil ($1.92B), and United States ($880M).

In 2023, countries that imported more from Cyprus than Uruguay included Libya ($775M), Greece ($626M), and Lebanon ($438M).

Difference in imports from Cyprus (Flag) and Uruguay (Flag) (2023)

Comparative Advantage Uruguay - Cyprus

Flow
Scale

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

During 2023, Uruguay had a large net trade with Cyprus in the exports of Vegetable Products ($1.47M), Animal Products ($246k), and Textiles ($58.4k).

During 2018, Cyprus had a large net trade with Uruguay in the exports of Miscellaneous ($223k), Textiles ($29.5k), and Plastics and Rubbers ($27.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Uruguay (Flag) and Cyprus (Flag) (2023)

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