2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Uruguay-Estonia Trade: In 2022, Uruguay exported $3.58M to Estonia. The main products that Uruguay exported to Estonia were Cocoa Powder ($1.66M), Bovine Meat ($740k), and Sulfate Chemical Woodpulp ($565k). Over the past 5 years the exports of Uruguay to Estonia have increased at an annualized rate of 32.5%, from $876k in 2017 to $3.58M in 2022.

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

Estonia-Uruguay Trade: In 2022, Estonia exported $3.81M to Uruguay. The main products that Estonia exported to Uruguay were Excavation Machinery ($1.31M), Air Pumps ($295k), and Wood Pulp Lyes ($273k). Over the past 5 years the exports of Estonia to Uruguay have decreased at an annualized rate of 46.5%,  from $87.1M in 2017 to $3.81M in 2022.

In 2020, Estonia exported services to Uruguay worth $2.97M, with Transportation ($2.86M) and Computer and information services ($114k) 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $3.58M to Estonia. The main products exported from Uruguay to Estonia were Cocoa Powder ($1.66M), Bovine Meat ($740k), and Sulfate Chemical Woodpulp ($565k). During the last 5 years the exports of Uruguay to Estonia have increased at an annualized rate of 32.5%, from $876k in 2017 to $3.58M in 2022.

In 2017, Estonia exported $3.81M to Uruguay. The main products exported from Estonia to Uruguay were Excavation Machinery ($1.31M), Air Pumps ($295k), and Wood Pulp Lyes ($273k). During the last 5 years the exports of Estonia to Uruguay have decreased at an annualized rate of 46.5%, from $87.1M in 2022 to $3.81M in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Estonia (Flag)

Uruguay Exports

Estonia Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Uruguay than Estonia included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

In 2022, countries that imported more from Estonia than Uruguay included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Uruguay - Estonia

Flow
Scale

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

During 2022, Uruguay had a large net trade with Estonia in the exports of Foodstuffs ($1.67M), Animal Products ($1.21M), and Paper Goods ($565k).

During 2017, Estonia had a large net trade with Uruguay in the exports of Machines ($2.4M), Mineral Products ($488k), and Chemical Products ($461k).

Bilateral Service Trade

In 2020, Estonia exported services to Uruguay worth $2.97M, with Transportation ($2.86M) and Computer and information services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to Uruguay (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with