Uruguay / Spain

Uruguay-Spain Trade: In 2022, Uruguay exported $148M to Spain. The main products that Uruguay exported to Spain were Sulfate Chemical Woodpulp ($54.5M), Bovine Meat ($24.3M), and Rice ($11.8M). Over the past 5 years the exports of Uruguay to Spain have increased at an annualized rate of 7.38%, from $104M in 2017 to $148M in 2022.

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

Spain-Uruguay Trade: In 2022, Spain exported $313M to Uruguay. The main products that Spain exported to Uruguay were Traffic Signals ($20.7M), Iron Structures ($17.8M), and Cars ($9.65M). Over the past 5 years the exports of Spain to Uruguay have increased at an annualized rate of 2.35%,  from $242M in 2017 to $313M in 2022.

In 2009, Spain exported services to Uruguay worth $416M, with Services not allocated ($416M) 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).