2022
Flag  
GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Uruguay-Indonesia Trade: In 2022, Uruguay exported $19.5M to Indonesia. The main products that Uruguay exported to Indonesia were Sawn Wood ($9.77M), Crustaceans ($5.12M), and Tanned Equine and Bovine Hides ($2.09M). Over the past 5 years the exports of Uruguay to Indonesia have increased at an annualized rate of 9.78%, from $12.2M in 2017 to $19.5M in 2022.

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

Indonesia-Uruguay In N/A, Indonesia did not export any products to Uruguay.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Uruguay exported $19.5M to Indonesia. The main products exported from Uruguay to Indonesia were Sawn Wood ($9.77M), Crustaceans ($5.12M), and Tanned Equine and Bovine Hides ($2.09M). During the last 5 years the exports of Uruguay to Indonesia have increased at an annualized rate of 9.78%, from $12.2M in 2017 to $19.5M in 2022.

Indonesia does not register exports to Uruguay. The main products exported from Indonesia to Uruguay were Nitrogenous Fertilizers ($25.1M), Palm Oil ($7.89M), and Textile Footwear ($4.88M).

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

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

Latest Data

Trade between Uruguay (Flag) and Indonesia (Flag)

Uruguay Exports

Indonesia Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.89B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Uruguay than Indonesia included Argentina ($999M), Paraguay ($149M), and Cuba ($56.8M).

In 2022, countries that imported more from Indonesia than Uruguay included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Uruguay - Indonesia

Flow
Scale

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

During 2022, Uruguay had a large net trade with Indonesia in the exports of Wood Products ($9.78M), Animal Products ($5.13M), and Animal Hides ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Indonesia+$2.65MSulfate Chemical Woodpulp
Top Product Potential Indonesia Uruguay+$4.2MPalm Oil

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

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

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