2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 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
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Uruguay-Ethiopia Trade: In 2022, Uruguay exported $785k to Ethiopia. The main products that Uruguay exported to Ethiopia were Packaged Medicaments ($761k) and Apples and Pears ($24k). Over the past 5 years the exports of Uruguay to Ethiopia have increased at an annualized rate of 19%, from $329k in 2017 to $785k in 2022.

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

Ethiopia-Uruguay Trade: In 2022, Ethiopia exported $76.2k to Uruguay. The main products that Ethiopia exported to Uruguay were Coffee ($51.5k), Knit Babies' Garments ($5.18k), and Non-Knit Women's Suits ($4.84k). Over the past 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 46.1%,  from $11.4k in 2017 to $76.2k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $785k to Ethiopia. The main products exported from Uruguay to Ethiopia were Packaged Medicaments ($761k) and Apples and Pears ($24k). During the last 5 years the exports of Uruguay to Ethiopia have increased at an annualized rate of 19%, from $329k in 2017 to $785k in 2022.

In 2017, Ethiopia exported $76.2k to Uruguay. The main products exported from Ethiopia to Uruguay were Coffee ($51.5k), Knit Babies' Garments ($5.18k), and Non-Knit Women's Suits ($4.84k). During the last 5 years the exports of Ethiopia to Uruguay have increased at an annualized rate of 46.1%, from $11.4k in 2022 to $76.2k in 2017.

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

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

Latest Data

Trade between Uruguay (Flag) and Ethiopia (Flag)

Uruguay Exports

Ethiopia Exports

Date

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Ethiopia
Top Destination
United Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Uruguay included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

Comparative Advantage Uruguay - Ethiopia

Flow
Scale

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

During 2022, Uruguay had a large net trade with Ethiopia in the exports of Chemical Products ($761k) and Vegetable Products ($24k).

During 2017, Ethiopia had a large net trade with Uruguay in the exports of Vegetable Products ($51.6k) and Textiles ($24.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Ethiopia+$348kPackaged Medicaments
Top Product Potential Ethiopia Uruguay+$147kCoffee

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

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

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