Flag Uruguay / India Flag

2021
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Exports
: $84M, Rnk 21 / 170

2021
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Top Product
: $68.5M, Rough Wood

2021
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Exports
: $214M, Rnk 112 / 214

2021
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Top Product
: $63.2M, Refined Petroleum

2021
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Economic Complexity (ECI)
: ECI 0.1, Rnk 57 / 131

2021
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Economic Complexity (ECI)
: ECI 0.61, Rnk 41 / 131

2021
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GDP
: $59.3B, CURRENT US$
Rnk 81 / 182

2011-2021
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GDP GROWTH
: 23.7%, CURRENT US$
Rnk 102 / 182

2021
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 GDP
: $3.17T, CURRENT US$
Rnk 6 / 182

2011-2021
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GDP GROWTH
: 74.1%, CURRENT US$
Rnk 26 / 182

2021
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GDP PC 
: $17,021, CURRENT US$
Rnk 50 / 182

2011-2021
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GDP PC GROWTH
: 19.6%, CURRENT US$
Rnk 75 / 182

2021
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GDP PC
: $2,277, CURRENT US$
Rnk 137 / 182

2011-2021
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GDP PC GROWTH
: 56.2%, CURRENT US$
Rnk 20 / 182

Uruguay-India In 2021, Uruguay exported $84M to India. The main products that Uruguay exported to India are Rough Wood ($68.5M), Wool ($3.75M), and Chlorates and Perchlorates ($3.31M). During the last 26 years the exports of Uruguay to India have increased at an annualized rate of 10.2%, from $6.74M in 1995 to $84M in 2021.

In 2021, Uruguay did not export any services to India.

India-Uruguay In 2021, India exported $214M to Uruguay. The main products that India exported to Uruguay were Refined Petroleum ($63.2M), Cars ($23.7M), and Coated Flat-Rolled Iron ($17.5M). During the last 26 years the exports of India to Uruguay have increased at an annualized rate of 10.1%, from $17.5M in 1995 to $214M in 2021.

In 2021, India did not export any services to Uruguay.

Comparison In 2021,  Uruguay ranked 57 in the Economic Complexity Index (ECI 0.1), and 94 in total exports ($10.6B). That same year, India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Uruguay exported $84M to India. The main products exported from Uruguay to India were Rough Wood ($68.5M), Wool ($3.75M), and Chlorates and Perchlorates ($3.31M). During the last 26 years the exports of Uruguay to India have increased at an annualized rate of 10.2%, from $6.74M in 1995 to $84M in 2021.

In 2021, India exported $214M to Uruguay. The main products exported from India to Uruguay were Refined Petroleum ($63.2M), Cars ($23.7M), and Coated Flat-Rolled Iron ($17.5M). During the last 26 years the exports of India to Uruguay have increased at an annualized rate of 10.1%, from $17.5M in 1995 to $214M in 2021.

Uruguay Exports

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Market Competitiveness

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Color

Uruguay
Top Destination
: China, $3.06B

India
Top Destination
: United States, $71.2B

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

In 2021, countries that imported more from Uruguay than India were Cuba ($29.1M), Aruba ($6.21M), and Saint Helena ($41.8k).

In 2021, countries that imported more from India than Uruguay were United States ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

Comparative Advantage Uruguay - India

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Flow
Scale

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

During 2021, Uruguay had a large net trade with India in the exports of Wood Products ($68.6M), Textiles ($4.49M), and Chemical Products ($3.51M).

During 2021, India had a large net trade with Uruguay in the exports of Mineral Products ($63.3M), Transportation ($34.3M), and Chemical Products ($34.1M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Uruguay has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Uruguay.